we have almost equal amount in black money
count that in GDP as well
if u include that then it is 15 times Pakistan
and what u mean that we have less population then ratio wise GDP is equal
fact is we are MUCH BIGGER AND MUCH STRONGER THAN U ARE
considering nations as units
we are poor as well as rich
but atleast we are safe
atleast we have international teams playing in our country
not people shooting them with ak47 like with sri lanka in pakistan
why doesnt any country tems visit u guys ????
bhai mere
in Mumbai there are bunglows in marine drive
worth 200-300 crores
this was the figure 6 years back
dont compare Pak and India yaar
u are fighting a losing debate in that case
there is no comparison of real estate of India
some time back it was reported to be expensive than...
May be Pakistan and Indian idividuals are almost comparable
as suggested by this
but as a mater of fact , if we consider nations as units
then India is atleast 10 times richer than Pakistan
(just compare GDP )
considering fixed deposit intrest rates as almost 10%
so if we India put all GDP of...
na bhai
people who are getting martyred
their families when coming on news and televisions are saying
kal baat ki thi raat me to sab theek tha
we are not hiding as much as u think
one of the shows I was myself seeing
I saw their families telling talking to them few hours back
something...
i have studied a lot oof history
but in India I do not find this story being taught upto bachelors level
and the way I read here it looks like
Pakistan is all correct, right in having this place
however whatever little is taught here is like
Pak covertly attacked and all
I think both the...
does this also come under UN stated disputed places according to Pakistan
or just the ajad kashmir region of Pakistan
apart from Indian region ???
can anyone help ??
ladte kyu ho yaar
aaram se baat kro
http://www.thehindubusinessline.com/news/currency-notes-rs-500-1000-cease-to-be-legal-tender/article9320586.ece
lo bhai
2nd ya 3rd lst pragraph hai
secutiry features not breached till now
but if the govt says that security features have not been breached
then what diffrence it makes ?
maybe we can do it cheaper due to make in India type paper and inks
but even the old notes are good enough- on the basis of security features
but internationally this reduces the value of our currency
so, just keep big notes out
bring a lot of 100s
and incentivise plastic money
make transactions done electronically vat, service tax free
just for 6 months
doing it service , vat free,
we Indians will never do cash money for even 5...
with all due respect
bhai your argument does not sound that very convincing
we all that little I know
swizzerlnd in expert in this field, and many countries import printing machine from them
anyways leave it at there
this move will help India mainly
as a lot of money will come into formal circulation
bank usually buy SLR out of that money which they have
which in turn helps govt in investing ( increases spending capacity of govt)
politically it will help BJP in UP elections as the black money of SP,BSP...
we have a lot of small time corrupt people here
who have lakhs and crores of money stashed in 500 , 1000s
atleast that money will come out
maybe it makes only 10-20% diffrence
but even that is not less
not to say that some time back it was reported as black money is 75% of gdp
20 % of that...
banks to open after two days ?
but we have a weekend coming
and is monday also a holiday ?
banks should be told to open on saturday, sunday and holiday also
one of good things which we will see is
inflation coming down and may be even going into negative
and yes I am talking about CPI
so guys please moniter closely
the prices of vegetable, milk etc
u will learn something about relation between oversupply of money and inflation relation
however...
yes this is what I was thinking
people needing money in small places will try getting access to all the 100 notes
creating a tremondous lack of supply
moreover I dont think we have enough 50 notes
I seldom see them
I think Greesham law in economics relates to this itself (though not totaly...