Wednesday 12 February 2020

THE STEADY DECLINE OF THE STATE OF THE INDIAN ECONOMY AND THE GRAVE DANGER TO OUR EXISTENCE AS A NATION

Led by the iron hands of the wisest ruler in Indian History, and guided by a 10th and a 12th pass, (With assets of over 40 crores, including 4 registered criminal cases), duo, the Indian economy has come to a sorry pass, all the neighbours at odds and most of the International organisations decrying the present happenings in the Country.
The Indian economy expanded 4.5% year-on-year for the quarter ending Sep of 2019, the weakest pace since the first quarter of 2013, mainly due to a fall in factory output and exports as also, slow down in investment.
For the fiscal year 2018-'19, ending Mar 2019, the economy advanced 6.1%, least since the fiscal year 2013 and below an initial estimate of 6.8%.
Growth for the fiscal year 2017-'18 was also revised lower to 7% from 7.2%.
The Govt expects GDP growth to fall to 5% in the fiscal year 2019-'20, the least since fiscal year 2008-'09 (The year when the global meltdown happened due to the US recession).
As per data released by the Central Statistical Office (CSO), as against 7.35 percent in December 2019.
India Inflation Rate Highest in Near 6 Yrs.
Consumer price inflation in India increased to 7.59% in Jan '20 from 7.35% in Dec '19, above expectations of 7.4% and 1.97 percent in Jan '19.
Inflation accelerated for the 6th straight month to the highest since May 2014.
Prices rose faster for fuel and light (3.7% vs 0.7% in Dec), Miscellaneous (4.8% vs 4.1%), clothing and footwear (1.9% vs 1.5%) and pan, tobacco and intoxicants (3.6% vs 3.4%).
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Cost of food and beverages @11.8%.
Food alone rate @ 13.6%, which is the highest since Nov 2013.
> India Industrial Output Back to Contraction in Dec '19.
> India Inflation Rate Highest in Near 6 Years
> India Motor Vehicle Sales Fall for 14th Month
> India Budget Deficit Widens Sharply in Apr-Dec '19.
AND ALL THIS WHEN the present lucky Govt has had the good fortune for the last 6 yrs, of a bonanza of low global crude prices, which initially slid to one-sixth of the International prices in the previous decade and even today is almost half of the prices during the UPA II Govt, resulting in a sharply declined CAD, the bane of the latter Govt.
The Govt has resolutely faked statistics throughout its 6 yrs of existence pulling wool over the trusting eyes of we, the People of India, with every trick of the trade, managing event after event, repeating lies after lies, sowing poisonous weeds on our sacred soil and dividing families and societies, creating black holes in between, with just a singular agenda, at all cost, damn be the wellbeing and welfare of us, the People of India.
Do we know that the words HINDU and CATHOLIC mean the same - "Universal". That is why our motto has been विश्वम कुटुंबकम
The pied piper is leading us to utter destruction and sooner we realise it, the better for us as a Nation.
THE TIME FOR US IS NOW.
STAND UP AND BE COUNTED.

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