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INDIA-ECONOMY-FISCAL-DEFICIT:India likely to miss 2012/13 deficit target: Reuters Pol... Read full message
3.02 PM Sep 26th 2012  | Track
Replies (27)
Platinum Member
1 Followers
The Government should also tax (TDS) while buying and selling Gold above 50 grams in any number of times at the rate of 25%
10.47 AM Oct 1st 2012
Platinum Member
1 Followers
The rich class in India should be income taxed at 75% which is quite reasonable and automatically the fiscal deficit will compensate
10.46 AM Oct 1st 2012
Platinum Member
1 Followers
never never never the Government should follow French President who has taken historic measures to contain deficit
10.44 AM Oct 1st 2012
Guest
Yes. It is the beginning
9.41 AM Oct 1st 2012
New Member
0 Follower
there is no strong willpower in government policy.
9.38 PM Sep 30th 2012
Guest
No data has come to prove that economy is turning around. Re appreciation is just because of FII inflow is there. We have to wait and see how much FDI fund comes after opening of retail sector. On one hand govt has increased diesel price , after that 6% rise in 1.4 lac employees/pensioner will take away the benefit of diesel price from govt kitty. Till govt revist the pay scale and modify like it is doing for subsidy , my opinion is all benefits occuring due to cut in subsidy will be lost under the burden of salaries and pension head of govt . 6% hike is going to put pressure of about 37000 crore annually on govt whereas diesel hike will bring only 24000 crore. I feel analyst are overlooking this aspect and will awake when next budget is presented.
8.06 PM Sep 30th 2012
Platinum Member
1538 Followers
Recent announcement of hike in diesal/LPG price may release the 20% fiscal deficit pressure. Next step of govt to contain fiscal defficit, may be deinvestment in PSUs, such as, NMDC, Neyveli lignite,MMTC, Nalco, Oil india, Hindustan copper.
7.59 PM Sep 30th 2012
Guest
FDI retail not good for country.Money flow fromFDI temporary and on profit they would take back money outside india .In that event it would be adverse for NATION.
1.55 PM Sep 30th 2012
Gold Member
3 Followers
India will miss fiscal deficit for next 3-4 years since next 2 year UPA 2 will do that and there after new party which comes to power will take 1-2 yrs to stream line the mess.
11.50 AM Sep 30th 2012
Gold Member
3 Followers
In another 2-3 months, after Bharat Nirman by spending 100 Cr, Billions will be offered in the name of socialistic cause by Sonia and loot by ministers will start. Can any ecpect fiscal deficit will contain - it will blown up further, UPA 2 have no inclination to reduce that since they are so much clingged to Kurshi - that they will do any thing even at the cost of India
11.48 AM Sep 30th 2012
Platinum Member
293 Followers
May be. It also depends on external environment in Europe and USA. In this interrelated world, all are affected. There need to be better coordination amongst free nations. I am more worried about political situation in Arab world since the Arab spring is not being translated to genuine democracy. China is another hotspot which world fails to realise. There can not be free market economy and closed political system as we see in China. Sooner than later it will explode and that will bring doom.
7.37 AM Sep 30th 2012
New Member
0 Follower
In Real Terms `NO`. But Centre will try to do juglary of figure in Feb13 Budget keeping in view the forthcoming election by 2013 end.
1.33 PM Sep 29th 2012
Guest
It will help reduction in a big way ( 321 )
12.29 PM Sep 29th 2012
New Member
0 Follower
PC is just milking common man to feed the monster Government which includes our politicians and Government employee. Without giving anything to common man how long our Government can milk the salaried class is a big question.
12.00 PM Sep 29th 2012
Platinum Member
26 Followers
They have to work very hard.....and also they have to take some hard decisions by taking confidence of their UPA Partners...It is not easy but they have to take some hard decisions if they want wants maintain fiscal deficit well with in the control...
11.12 AM Sep 29th 2012
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Gold prices may fall to Rs. 23500: analysts. Do you expect gold prices to go down further from their current prices?
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(March 07, 2013)

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