Modi's Superpower Delusions

[Mojo-jojo]

Indias currency curbs shake faith of foreign investors

More than US$10 billion has been withdrawn from Delhi's capital markets since November after demonetization of high-value currency notes

JANUARY 25, 2017 11:23 AM (UTC+8)

Indias shock announcement of demonetizing high value currency on November 8 and the subsequent mismanagement of new currency supply have taken a toll on foreign investment in capital markets and the situation was aggravated after the US announced policy changes.

The Indian Express daily, citing National Securities Depository (NSDL) data, said that foreign institutional investors had withdrawn 665.07 billion rupees (US$9.76 billion) in November and December and 51.45 billion rupees from the capital markets as of January 23.

The withdrawal of nearly 86% of currency from Indias heavily cash dependent economy had severely choked money supply to various sectors leading to a slowdown and steep job losses, especially in real estate and manufacturin

http://www.atimes.com/article/indias-currency-curbs-shake-faith-foreign-investors/

 

[JARNAIL]

India’s currency curbs shake faith of foreign investors

More than US$10 billion has been withdrawn from Delhi's capital markets since November after demonetization of high-value currency notes

JANUARY 25, 2017 11:23 AM (UTC+8)

India’s shock announcement of demonetizing high value currency on November 8 and the subsequent mismanagement of new currency supply have taken a toll on foreign investment in capital markets and the situation was aggravated after the US announced policy changes.

The Indian Express daily, citing National Securities Depository (NSDL) data, said that foreign institutional investors had withdrawn 665.07 billion rupees (US$9.76 billion) in November and December and 51.45 billion rupees from the capital markets as of January 23.

The withdrawal of nearly 86% of currency from India’s heavily cash dependent economy had severely choked money supply to various sectors leading to a slowdown and steep job losses, especially in real estate and manufacturin

http://www.atimes.com/article/indias-currency-curbs-shake-faith-foreign-investors/

even after these setbacks indians are coming hard on black money ,money laundering , very big loan defaulters . ten billion dollars is not much where gdp is more than thousand billion dollars , such money transfer come and go it is part of economy.

 

[fannekhan]

even after these setbacks indians are coming hard on black money ,money laundering , very big loan defaulters . ten billion dollars is not much where gdp is more than thousand billion dollars , such money transfer come and go it is part of economy.

dunia maan chuki hai super power

 

[Mojo-jojo]

dunia maan chuki hai super power

It will remain a pipe dream for India to be a superpower

 

[Mojo-jojo]

even after these setbacks indians are coming hard on black money ,money laundering , very big loan defaulters . ten billion dollars is not much where gdp is more than thousand billion dollars , such money transfer come and go it is part of economy.

Transparency puts India on list for failing to curb corruption
http://www.thehindu.com/todays-paper/Transparency-puts-India-on-list-for-failing-to-curb-corruption/article17095526.ece


[h=2]India’s experiment with rooting out corruption has come at a cost.[/h]http://www.vox.com/world/2017/1/25/14375372/india-demonetization-cash-ban-modi-economy

[h=3]
Modi's India Is Short In Cash, But Not In Corruptionhttp://www.forbes.com/forbes/welcom....google.com/&referrer=https://www.google.com/[/h]




Transparency puts India on list for failing to curb corruption

 

[JARNAIL]

Transparency puts India on list for failing to curb corruption
http://www.thehindu.com/todays-paper/Transparency-puts-India-on-list-for-failing-to-curb-corruption/article17095526.ece


India’s experiment with rooting out corruption has come at a cost.

http://www.vox.com/world/2017/1/25/14375372/india-demonetization-cash-ban-modi-economy


Modi's India Is Short In Cash, But Not In Corruptionhttp://www.forbes.com/forbes/welcom....google.com/&referrer=https://www.google.com/






Transparency puts India on list for failing to curb corruption

bhai india wale koshish to kar rahe hai ?
apna haal to bahut bura hai .


india on 79 rank pakistan on 116th rank of most corrupt nations .

 

[nepali.nationalist]

a Super POwer without Toilets ??

bhai india wale koshish to kar rahe hai ?
apna haal to bahut bura hai .


india on 79 rank pakistan on 116th rank of most corrupt nations .

 

[nepali.nationalist]

Yes but the average Indian is much poorer than an average Pakistani ...PLus Pakistan has CPEC ..you have NO TOILETS

bhai india wale koshish to kar rahe hai ?
apna haal to bahut bura hai .


india on 79 rank pakistan on 116th rank of most corrupt nations .

 

[nepali.nationalist]

endian gdp data is fudged as admitted by several India economists and even has expressed concerns ...the ch@ddi sarkar is grossly lying to you guys ..

Please read this :

[h=3]India Fudging GDP to Show Faster Growth Than China?[/h]

Indian government now claims that the country's GDP grew by 6.9% in 2013-14, well above the 4.7% growth the country had announced earlier.

Based on the latest methodology, it is claimed that the Indian economy expanded 7.5 percent year-on-year during the last quarter, higher than 7.3 percent growth recorded by China in the latest quarter, making it the fastest growing major economy in the world, according to Reuters. Is it wishful thinking to make Indian economy look better than China's?

[TABLE="class: tr-caption-container"]
[TR]
[TD="align: center"][/TD]
[/TR]
[TR]
[TD="class: tr-caption, align: center"]India GDP Revisions. Source: Financial Times[/TD]
[/TR]
[/TABLE]


The GDP revisions have surprised most of the nation's economists and raised serious questions about the credibility of government figures released after rebasing the GDP calculations to year 2011-12 from 2004-5. So what is wrong with these figures? Let's try and answer the following questions:

1. How is it possible that the accelerated GDP growth in 2013-14 occurred while the Indian central bankers were significantly jacking up interest rates by several percentage points and cutting money supply in the Indian economy?

2. Why are the revisions at odds with other important indicators such as lower industrial production and trade and tax collection figures? For the previous fiscal year, the government’s index of industrial production showed manufacturing activity slowing by 0.8%. Exports in December shrank 3.8% in dollar terms from a year earlier.

3. How can growth accelerate amid financial constraints depressing investment in India? Indian companies are burdened with debt and banks are reluctant to lend.

4. Why has the total GDP for 2013-14 shrunk by about Rs. 100 billion in spite of upward revision in economic growth rate? Why is India's GDP at $1.8 trillion, well short of the oft-repeated $2 trillion mark?

Questions about the veracity of India's official GDP figures are not new. These have been raised by many top economists. For example, French economist Thomas Piketty argues in his best seller "Capital in the Twenty-First Century that the GDP growth rates of India and China are exaggerated. Picketty writes as follows:

"Note, too, that the very high official growth figures for developing countries (especially India and China) over the past few decades are based almost exclusively on production statistics. If one tries to measure income growth by using household survey data, it is often quite difficult to identify the reported rates of macroeconomic growth: Indian and Chinese incomes are certainly increasing rapidly, but not as rapidly as one would infer from official growth statistics. This paradox-sometimes referred to as the "black hole" of growth-is obviously problematic. It may be due to the overestimation of the growth of output (there are many bureaucratic incentives for doing so), or perhaps the underestimation of income growth (household have their own flaws)), or most likely both. In particular, the missing income may be explained by the possibility that a disproportionate share of the growth in output has gone to the most highly remunerated individuals, whose incomes are not always captured in the tax data." "In the case of India, it is possible to estimate (using tax return data) that the increase in the upper centile's share of national income explains between one-quarter and one-third of the "black hole" of growth between 1990 and 2000. "

]\

even after these setbacks indians are coming hard on black money ,money laundering , very big loan defaulters . ten billion dollars is not much where gdp is more than thousand billion dollars , such money transfer come and go it is part of economy.

 

[nepali.nationalist]

Dunya ko asal baat ka pata hai yeh check kijiyay INdians khud kiya maan chukay hain ...aur please focus on amma ji [hilar][hilar]

dunia maan chuki hai super power

 

[fannekhan]

Yes but the average Indian is much poorer than an average Pakistani ...PLus Pakistan has CPEC ..you have NO TOILETS

Dunya ko asal baat ka pata hai yeh check kijiyay INdians khud kiya maan chukay hain ...aur please focus on amma ji [hilar][hilar]

abe dhone ke liye cpec par china jayenge ? gwader me to pine ka pani nahi :lol::lol::lol::lol::lol:

cpec par bina pani ke dhone ke liye taiyar .[hilar][hilar][hilar]
abe nepali chinese ka bhi dhoyenga bina pani ke ? 25 percent pakistani isi chakkar me mental ho gaye .

 

[fannekhan]

endian gdp data is fudged as admitted by several India economists and even has expressed concerns ...the ch@ddi sarkar is grossly lying to you guys ..

Please read this :


]\

abe tu kya zaid hamid ki tarah afim kha khata hai ?[hilar][hilar][hilar]
india ka taiyara mars par pahunch gaya hai ,lagta hai tu ummat akhbar parhta hai .

 

[jumman shekhpura]

endian gdp data is fudged as admitted by several India economists and even has expressed concerns ...the ch@ddi sarkar is grossly lying to you guys ..

Please read this :

India Fudging GDP to Show Faster Growth Than China?


]\

chup be mental , china ki chaat kar yeh halat ho rahi hai ,pahle 60 sal amrika ka chata .
bechara pakistani dar badar bhatak raha hai.dunia bhar me asylum maang raha hai.



WORLD

'Deported Pakistanis will have to face the law'

The rejection rate of Pakistani migrants seeking asylum in Europe stands at over 90 percent. DW spoke to a lawyer from Pakistan, Zia Awan, about why Islamabad is unable to control illegal migration from its soil.

More than 48,000 Pakistani migrants applied for political asylum in different European countries in 2015 and up to the end of January 2016. Because preference is being given to asylum seekers from war-torn countries, like Syria, Iraq and Afghanistan, prospects for Pakistani nationals are bleak. In 2015, the success rate for applicants stood at a mere 9.8 percent; in other words, more than 90 percent were rejected. This year, in January, it dropped even lower - with just 4.5 percent of asylum requests being granted.
So what happens to the thousands of Pakistanis who are stuck in different countries across Europe with little or no prospects for a future there?
A prominent Pakistani lawyer and human rights activist, Zia Awan, has worrisome tidings, saying that many deportees who return home will most likely be taken into custody because they left their country illegally and that is prohibited by Pakistani law.

In an exclusive DW interview, Zia Awan, shed some light on the causes, current scenarios and possible solutions to the problem of illegal migration from Pakistan.
Deutsche Welle: What factors lead to illegal migration from Pakistan and why can't the authorities control it?
Zia Awan: People migrate illegally from Pakistan due to poverty, unemployment, political instability, terrorism and war-like conditions in some parts of the country. On the other hand, there are certain cities in the eastern province of Punjab where people decide at a very young age that they will go abroad by any means possible. The majority of people traveling from cities such as Gujrat, Mandi Bahauddin, Kharian and some others have economic pursuits rather than genuine grounds for seeking refuge.
Pakistan does not have the resources to take appropriate measures to combat human trafficking and illegal migration. It is not possible for the authorities to patrol the entire Western border, from where these activities largely take place. Islamabad also does not have the best of bilateral relations with its neighbors, Iran and Afghanistan, which leads to a lack of exchange of intelligence.
Due to the ongoing refugee crisis, officials from the European Union have been making efforts to cooperate with countries like Pakistan which are a major source of the huge number of asylum seekers heading to Europe. So who is at fault then?
In Pakistan, the implementation of the law is weak and policies governing matters of migration are quite vague. There also seems to be a lack of will on the governments side to deal with these issues. Though there are regional offices of a number of international organizations that work in these areas, there are none or very few efforts to improve the policy structure in this regard.
Then, one must also take into account that the lack of stability in Pakistan is not completely due to internal factors. Pakistan partly suffers from the chain reaction to the unstable political developments across the globe. The South Asian nuclear state, Pakistan, has been turned into a battle ground and since our political leadership is weak, they usually remain silent. Consequently, the resulting situation is conducive to crimes such as illegal migration.
Pakistani lawyer and human rights' activist Zia Awan

A number of Pakistani migrants stuck in Europe lament the lack of assistance from the Islamabad government. They also claim that the interior ministrys decision to not accept returnees without proper identification is making voluntary return difficult for them. What do you say about that?
In my opinion, the decision taken late last year by Pakistans Federal Interior Minister, Chaudhry Nisar Ali Khan, is the right one. There are thousands of Bangladeshi, Afghan and Irani nationals residing in Pakistan for years. It is a common practice by these foreigners to obtain identification documents in Pakistan and then travel on these documents. When, they commit crimes abroad, it is Pakistan's image that is tarnished. So, the decision taken by the government of Pakistan aims to minimize these practices.
What are the chances for Pakistani asylum seekers in Europe and what happens to those who are being, or will be, deported?
To begin with, European asylum laws are such that people do find a way. Unfortunately, people have been taking advantage of these laws and they continue to do so. It is still quite easy to arrange forged documents, in countries like Pakistan, to strengthen ones case. Then, one also has to consider the fact that Europe, too, is in need of cheap labor.
As for the question about what happens with deported Pakistani migrants; well, at the moment, there appears to be no system for them in place. Pakistani laws are made to prosecute and according to Pakistans immigration laws, crossing the border illegally is against the law. Consequently, the perpetrator must face charges in this regard and go to jail.
DW: What can be done to control or eradicate human trafficking and illegal migration from Pakistan?
In order to overcome issues like illegal migration, Europe and the western world must also work to establish political stability in Pakistan. As things stand right now, western countries favor Pakistani policies and institutions that are aligned according to their interests.
Human smuggling is a huge issue across the globe, and not just Pakistan but even Europe has not been able to find a solution to it. Foreign officials and representatives of international organizations, rarely cooperate with Pakistani law enforcement agencies. There is a lack of continuity in this regard which also leads to continuous cross-border movement.
Another important factor is that in Pakistan, very little assistance is provided to civil society to overcome issues like trafficking and illegal migration. When neither the law enforcement agencies nor civil society are ready to tackle these issues, how can you expect improvement.
Zia Awan is a prominent Pakistani lawyer and a human rights activist. He is the head of MADADGAAR, Pakistans first help line and protection service for children and women and is also the president of Lawyers For Human Rights and Legal Aid (LHRLA).

 

[nepali.nationalist]

abe dhone ke liye cpec par china jayenge ? gwader me to pine ka pani nahi :lol::lol::lol::lol::lol:

cpec par bina pani ke dhone ke liye taiyar .[hilar][hilar][hilar]
abe nepali chinese ka bhi dhoyenga bina pani ke ? 25 percent pakistani isi chakkar me mental ho gaye .

 

[nepali.nationalist]

abey taklay /..itni mehnat kay baad yeh khasi video dhoondh kerlaya hai ??[hilar][hilar][hilar]

abey search kerna to seekhlay jahil admi :lol::lol:

ch@ddi bhi chun kay nalaik school dropout choose kerta hai sastay mein kaam kernay walay ..

Abey amma ji ki video dekh aur is quality ki koi video lay ker aaa

abe dhone ke liye cpec par china jayenge ? gwader me to pine ka pani nahi :lol::lol::lol::lol::lol:

cpec par bina pani ke dhone ke liye taiyar .[hilar][hilar][hilar]
abe nepali chinese ka bhi dhoyenga bina pani ke ? 25 percent pakistani isi chakkar me mental ho gaye .

 

[nepali.nationalist]

yeh tunay apnay MALIK ki tasveer kiyoon lagaee hui hai yahan per ??

Yeh to lagta hai tujhay haddi dal raha hai ??

tu kaheen zubaan nikal ker wafadari say to nahin khera ??

abe tu kya zaid hamid ki tarah afim kha khata hai ?[hilar][hilar][hilar]
india ka taiyara mars par pahunch gaya hai ,lagta hai tu ummat akhbar parhta hai .