Oh He is really struggling.We dont know what to do is the answer from him.Yes It is our finance minister who promised a lot along with great Dr.Manmohan singh who is considered reformer of Indian economy.But,they both are dancing to the tunes of global environment.FM announced rs.60000 crores waiver then extended 10000cr more(from his pocket) to the farmers happily. He supported all stupid freebies schemes like color tv,gas stove,2/kg rice,free land of TN gov.Now what happens,are they happy.
He is now telling us he wants to reduce demand side as we could not find enough supply in all categories(food ,steel,cement,oil etc).
What was he doing for all these days.He should have expected it before and took all monetary measure instead of allowing inflation to touch 11% and allowing it to rise further.As a prudent FM he should have advised against election related populist schemes.
What ever steps he takes now ,will take its own time to reflect on the economy.Now.what is the message FM giving to the people--is this?
Stay there ,.
Stay at rented house dont buy a new house bcos interest rate will be more
dont buy cars/bikes ,cant afford oil price /EMI
Dont invest You will not get any returns from money markets.
Dont eat much if you buy more rice ,oil,wheat the price will get increase.
Anyway,He is in great stress thanks to inflation,next election,communists,other
allies.
Is there anyone to help him??
Search Web
Nse And Sensex
