Finance, Forex and Investments

Can anyone Guess what our P.M. will do after these Fuel hikes?

He will give 500 Cr to Afghanistan as Promised, and Rs.20,000 cr as credit to African countries as Promised by him. Being an Expert in Economy, none will give Financial support to Any other country and African countries have already been in Our Export oriented People's Market, and if it all Our P.M. wants to help African countries, he shud have told that up to Rs.20,000 cr. Govt of India gives Bank Gurantee for the Indian People's supplies extending 30 to 90 days credit so that 2 way strength to Indian and African Economy, but Financial suport means where that money goes ????? type of doubts arise. One Month back Indian Govt said that they will supply fuel oils to Pakistan, but Pakistan rejected it saying that they cannot change their Import Policy of Import of Fuel oils. See the Difference and Judge. Similarly Last Month IOL has asked Central Govt that subsidies payments to the tune of 45000 cr they want in cash ????? Oil Companies and All Executives and Burecrats shud be careful as Oil companies will be privatised, and again Left Parties have to support. Similarly the recent Air India mess paving way for Tata's Hands in Privatisation. So each Govt staff shud be alert as the present Govt. is looking all revenue fetching venues till 4th year so that last Budget they give 90,000 cr Farmer loan waiving, and that money goes for Poll expenses from Bank itself. Let us watch and prevent as Prices may collapse all individual families like epidemic. Am I right please?

Public Comments

1. When our own citizens are deprived off basics amenities, the Govt show large heart to under developed countries by granting huge money to distance countries whereas Our country donot maintain good relation with neighbouring countries and never showered such Charity and public money. They donot hesitate to tax people indirectly. We always been Hipocrate.
2. he will remain silent and he may go for an foreign tour. it is not easy to be prime minister of india.... that is the biggest truth..........
3. I cannot expect anything of this hopeless person....he is no good.
4. You are right.Manmohan will spread some patrol on his body and set himself on fire.
5. It is useless to blame the PM for hike in oil Prices. Oil Prices are monitored and controlled by the Organization of the Petroleum Exporting Countries (OPEC) which has Ten or so Petroleum Producing and exporting Countries like Iran, Iraq, Saudi Arabia, Venezuela, USA etc. Price hike by them has to be implemented in all the countries of the World. Earlier India was free from this Organisation, and Indian Government was controlling the domestic oil prices by giving subsidies. But during NDA rule, Oil Prices of India also were linked to International market Price and thus the Government lost its control from monitoring the oil prices in India. Prices of Oil has increased all over he World, and Not only in India. Oil Prices, in even the developed countries, are much more than that in India. You can see it from the list of "Global Petrol prices" on Internet. Please update yourself. Facts and figures given by you are too far from reality. If you have any doubt, you can move RTI regarding siphoning the farmers' Loan Waiver money for electioneering direct from Banks (???) Please don't spread rumor without knowing the facts.
6. Pranab Mukharjee is going to answer.