Skip to main content

Dr.Chandrasekaran - "Modi's Gift to Farmers,Middle-Class and MSME sector"

Dr Chandrasekaran is a Coimbatore based Professor, who is also an Investment & Financial advisor, Economist and Political Analyst.

"The Budget has addressed concerns of farmers and the salaried class by providing relief to small and marginal farmers up to Rs 75000 crores and interest subvention up to 5% in the event of natural calamity" he said while referring to the government's move to address the farmers and agrarian crisis by providing Rs 6000/ Hectare every year. 




                                                                      
This budget saw such sops like Annual pension of 6,000 will be given to the farmers who have land less than 2 hectares under the scheme Pradhan Mantri Kisan Sammal Nidhi. Indian farmers affected by natural calamities will be provided interest subversion of 3% of loans. The government will also provide 2% interest subversion for farmers in animal husbandry. One lakh digital villages in India will be planned in the next 5 years. 25 percent of the total sourcing for government projects will be from Indian MSME sector. And 3% of this 25% will be from women entrepreneurs.

He added,"Exempting income tax for income up to 5 lakhs is a great relief to the salaried class. Both these are significantly consumption positive and augur well for overall tax collections in FY 20. This Govt focused to satisfy three set of people such as farmer, Salaried people and MSMEs". 

Dr Chandrasekaran also added, "While there is a marginal slippage in Fiscal deficit target for FY 19, the approach towards consolidation has been diluted for FY 20 on account of farmer relief. The net borrowing programme doesn't appear alarmingly high. How this govt or new govt going to manage this finance is million dollar question.Overall a good budget that delivered on expectations in an election year. Not only this government who ever would be in this time they would have been presented like this only, because of election".

This appreciation from an upcoming investment advisor is a great boost to the Modi led NDA government leading towards the Indian General Elections in April-May.This thumbs up from an financial advisor clearly shows Indian Economy under Modi is Vibrant.

Comments

Popular posts from this blog

Yes Bank பிரச்சினைக்கு யார் காரணம் ? மீண்டும் மீளுமா Yes Bank ? பதில்களுடன் அருண் !

Yes Bank வங்கியில் ஏற்பட்டுள்ள நிதி நெருக்கடி பிரச்சனைக்கும் பணத்தை திருப்பி எடுக்க வாடிக்கையாளர்களுக்கு விதிக்கப்பட்டுள்ள கட்டுப்பாடுகளுக்கும் பொருளாதார மந்த நிலையோடு தொடர்பு படுத்தியும் வங்கியின் பிரச்சனைக்கும் மத்திய அரசுதான் காரணம் என்று பலர் சம்மந்தப்படுத்தி பேச ஆரம்பித்துவிட்டனர். இதுபோன்ற வதந்திகளை முறியடிக்கவே இந்த பதிவு. முதலில் Yes Bank என்பது பொதுத்துறை வங்கி அல்ல. அது ஒரு தனியார் வங்கி. எனவே அதில் ஏற்பட்ட நிதி நெருக்கடிக்கும் அரசுக்கும் எந்த வகையில் தொடர்பு என்பது தெரியவில்லை. இரண்டாவது Yes Bank வங்கியின் இந்த நிதி நெருக்கடிக்கு என்ன காரணம்?வாராக்கடன்.வாராக்கடன் ஏன் ஏற்பட்டது?தகுதியற்ற நிருவனங்களுக்கு எந்த விதமான விதிமுறைகளையும் பின்பற்றாமல் கடன் பெறும் நிறுவனங்களின் நிதிநிலை என்ன என்பது பற்றியெல்லாம் ஆய்வு செய்யாமல் தன் இஷ்டத்துக்கு பொதுமக்கள் பணத்தை எடுத்து பல்வேறு நிறுவனங்களுக்கு சுமார் 14000 கோடி ரூபாய் கடனை கொடுத்துள்ளது. சுமார் ரூ.14000 கோடி ரூபாய் கடன் பெற்ற நிருவங்கள் கடனை வங்கிக்கு மீண்டும் திருப்பி செலுத்தாததால் வங்கியின் வாராக்கடன் அதிகரித்தது. சரி Ye

Dr.Chandrasekaran's analysis on Indian Economy !! Modi Government's economic policies gets appreciation.

As per the Financial and Investment Advisor . Impact  of Demonetization on Indian Economy in 2018 is as follows. Economic Survey after careful review of Demonetization which was announced in November 2016 by Prime Minister Shri Narendra Modi that the cash-to-GDP ratio has stabilized. It suggests a return to equilibrium. The Economic Survey says that India's GDP is set to grow at 7.0 to 7.5 percent in 2018-19 . This is an increase from its prediction of 6.75 percent growth this fiscal year. The Economic Survey has cited exports and imports data to claim that the demonetisation effect was now over. It claims that re-acceleration of export growth to 13.6 percent in the third quarter of Financial Year 2018 and deceleration of import growth to 13.1 percent is in line with global trends. This suggests that the demonetization and GST effects are receding. Services export and private remittances are also rebounding. This survey gives a greater boost to the Modi governme

Would the CAB/CAA with NRC make the Indian muslims lose their Indian citizenship ? Arun clarifies all the doubts about the ongoing protests.

For the last few days we are witnessing a large number of protests allover India by the opposition parties, Communist students union SFI, DYFI, and Congress students union NSUI. Most of the protestors are based on the "WhatsApp Forwards University". There were also a large amount of protest from the Islamist groups and political parties against the recently passed CAB (Citizenship Amendment Bill) which is now CAA (Citizenship Amendment Act) after the President approval. There were some serious doubts raised that CAA with combine of NRC (National Register for Citizenship) would make the Muslims of India to evacuate and deport from India. But these are some rumors that are been spreaded by Anti-Social elements, opposition parties and Illiterate degree holders. Here I would clarify the doubts related to CAA and NRC. The following are FAQs which I would brief it: 1) What is CAB/CAA 2019 ?             Citizenship Amendment Bill or Act 2019 is an act given approval by Presi