Govt Spending to Offset Withdrawn Black Money
Over the next 2 months the white cash availability in markets will improve and address the withdrawn white cash and related consumer demand from the markets. Some will move to plastic and electronic money.
However, the black money that has been withdrawn has to be replaced with public spending so people and businesses don't loose earnings.
We seek your inputs on what areas should the Government begin spending such that this impact is minimized. This is something that should begin now such that the impact of demonetisation to business is minimized.
We look forward to your inputs and will share the same at highest levels in Central Government so actions are taken. more
We are discussing a lot about the beggars. Can black money recovered be used partly to lift up the genuinely poorest of the poor? Or will some bureaucrats swallow the money meant for the beggars too? You never know, the corrupt people have no shame. more
So as on arriving at 30th Dec'2016, we see that whole currency have come onto the system. so no question of increasing public spending. Today the action point is that How Banks can lend this money judiciously that Over all economy goes up. more
1. The successive Govts. have bestowed a very little attention to the Agriculture sector resulting a huge lose of life thro' suicides of farmers and food productivity as well. The present Govt. has to provide necessary infra structure and fair ways of marketing for their products. 2. Our Standard of Education is miserably very low. The Govt. has to make arrangements to release the 'Education' from the clutches the Mafia and provide sufficient skillful teachers and labs to all Govt. institutions. 3. The common man is facing insurmountable difficulties in private/corporate hospitals and Govt. Hospitals as well in different ways. Loot mar by the former and lack of necessary medicines and doctors in latter. This is an another area requires urgent attention. 4. Our judicature is another area where it requires urgent attention for provision of infra i.e. appointment of judicial personnel and no. of courts to clear crores of pending cases. The delay in justice is denial of justice to the people of our country. 5. Another most important issue of the day is filling up the vacancies in Police, CID, ACB. CBI, IB, RAW and CVC where efficiency is suffering. more
Government should use such vast money for erecting capital assets, rather than going cheap by way of using it for various unproductive welfare schemes. Creation of capital assets would fuel manufacturing whereas welfare would induce inflation. more
Dear sir, The biggest problem now is the non availability of cash and loss of income for people. So, to rejuvenate the economy, we should make quantitative easing by providing more money available for spending by crediting each account with a fixed amount. more