500,1000 Rs Note no longer legal tender!!

[Alok Arya]

So what happened to the 'economist' former PM's GDP growth estimates?

Here is another retard with stupid figures:

They actually sold their soul long ago . They knew the facts but speaks what is told to speak .

 

[AnantS]

It was funny to see heartburn in congi dhongi newspaper where they showed overt disbelief an even questioned GDP growth rate in an article on frontpage I was surprised to see them moan as they were simply too busy earlier to create artifical unrest over Kaur's statements.

 

[sukhish]

It was funny to see heartburn in congi dhongi newspaper where they showed overt disbelief an even questioned GDP growth rate in an article on frontpage I was surprised to see them moan as they were simply too busy earlier to create artifical unrest over Kaur's statements.

are you so sure the estimates are not cooked up ? or just like usual you are celebrating pre-maturely ? fakes notes (new ones) are definitely still circulating in the market, which was one of the reasons for de-monitization. the GDP numbers were jacked up from 4.7% to 7.2% in 2014. so I'am not so sure that these numbers mean whole lot. or just like surgical strikes was suppose to make less insurgency in kashmir ?

 

[AnantS]

are you so sure the estimates are not cooked up ? or just like usual you are celebrating pre-maturely ? fakes notes (new ones) are definitely still circulating in the market, which was one of the reasons for de-monitization. the GDP numbers were jacked up from 4.7% to 7.2% in 2014. so I'am not so sure that these numbers mean whole lot. or just like surgical strikes was suppose to make less insurgency in kashmir ?

Are you sure that estimates are cooked up (do you have any proof?)or is it just your usual drivel that you write after using fine quality opium from Afghanistan? Surgical Strikes were "retaliation" and never government claimed it will reduce tangos. It only said cost to Pakis for terror attack will be increased(conventional and unconventional). It seems more than Pakistan, its the AAPturds, Loony Lefties and Congi Dhongis are more bothered about Surgical Strikes. I would say though the deeds of Modi are not that stellar as Narsimha Rao but far far better than what was during erstwhile Maun Moan Sleep's tenure with respect to Pakistan.

 

[Ancient Indian]

are you so sure the estimates are not cooked up ? or just like usual you are celebrating pre-maturely ? fakes notes (new ones) are definitely still circulating in the market, which was one of the reasons for de-monitization. the GDP numbers were jacked up from 4.7% to 7.2% in 2014. so I'am not so sure that these numbers mean whole lot. or just like surgical strikes was suppose to make less insurgency in kashmir ?

If they really cooked up GDP figures, your so called economists would have jumped all over the tv screen to expose Modiji.
But no noise in media. That means something, right?

 

[sukhish]

the economists did jumped when the GDP were bumped up from 4.8% to 7.2%, there was a lot debate which cropped up. exports went down from 30 billion per month to 21 billion and yet GDP went up from 4.8% to 7.2%. still economists are not that convinced. lot of international institutions questioned these numbers and are still questioning. even in India lots of economists are questioning even now. so I would not jump ahead of time. just because you hear what you want to hear does not mean what you hear is based on facts.

 

[sukhish]

Are you sure that estimates are cooked up (do you have any proof?)or is it just your usual drivel that you write after using fine quality opium from Afghanistan? Surgical Strikes were "retaliation" and never government claimed it will reduce tangos. It only said cost to Pakis for terror attack will be increased(conventional and unconventional). It seems more than Pakistan, its the AAPturds, Loony Lefties and Congi Dhongis are more bothered about Surgical Strikes. I would say though the deeds of Modi are not that stellar as Narsimha Rao but far far better than what was during erstwhile Maun Moan Sleep's tenure with respect to Pakistan.

so by how much did the cost increase any quantification? or just the cost just increased in newpaper ads and in your mind subdued in mental masturbation.

 

[sukhish]

so by how did the cost increase any quantification? or just the cost just increased in newpaper ads and in your mind subdued in mental masturbation.

Are you sure that estimates are cooked up (do you have any proof?)or is it just your usual drivel that you write after using fine quality opium from Afghanistan? Surgical Strikes were "retaliation" and never government claimed it will reduce tangos. It only said cost to Pakis for terror attack will be increased(conventional and unconventional). It seems more than Pakistan, its the AAPturds, Loony Lefties and Congi Dhongis are more bothered about Surgical Strikes. I would say though the deeds of Modi are not that stellar as Narsimha Rao but far far better than what was during erstwhile Maun Moan Sleep's tenure with respect to Pakistan.

economy is still not performing at 9%+ rate nor has pakistan learned anything about kashmir ? nor has India gotten the NSG membership , so what exactly is the comparison here again ?. first of all I do not compare the way you do it. i do not think performance in terms of stellar or non stellar , it might be your way of thinking.

 

[sukhish]

economy is still not performing at 9%+ rate nor has pakistan learned anything about kashmir ? nor has India gotten the NSG membership , so what exactly is the comparison here again ?. first of all I do compare the way you do it.
i do not think performance in terms of stellar or non stellar , it might be your way of thinking.

the insurgency in kashmir was way low during maun's tennure. so again what exactly are you trying to compare ?

 

[sukhish]

Are you sure that estimates are cooked up (do you have any proof?)or is it just your usual drivel that you write after using fine quality opium from Afghanistan? Surgical Strikes were "retaliation" and never government claimed it will reduce tangos. It only said cost to Pakis for terror attack will be increased(conventional and unconventional). It seems more than Pakistan, its the AAPturds, Loony Lefties and Congi Dhongis are more bothered about Surgical Strikes. I would say though the deeds of Modi are not that stellar as Narsimha Rao but far far better than what was during erstwhile Maun Moan Sleep's tenure with respect to Pakistan.

I do have a proof in the form of children's bank of India. have you heard of this bank before. this bank recently popped up just after de-monitization. here is the proof. and this is from legal ATM machines. this was suppose to be a war against fakes notes. but look like government itself has started to print these fake notes now. just like fake slogan, fake notes are also coming into circulation. not a single corrupt big fish is behind bar. All the barks/talks about finding corrupt congressmen and putting them behind bars rings hollow straight on your PMs face.

http://timesofindia.indiatimes.com/...n-bank-of-india-note/articleshow/57397593.cms

sometimes its good to question(but it requires some guts), not just live in a your own make believe world.

 

[sukhish]

just heard the announcement that notes of children's bank of india will be legal tender from 12:00 am midnight.
so do not worry these are not fakes notes, these are considered legal now. next in line pakistan bank of india or ISI bank of India notes will also be considered legal tenders, because the GOI is trying to consolidate all the fake currency notes under SBI itself. in words what ever was fake before is legal tender now.

who says modi doesn't have intellect? he just does things differently. only full time paid bhakts (in legal tenders) can understand his master plans.

 

[F-14B]

just heard the announcement that notes of children's bank of india will be legal tender from 12:00 am midnight.
so do not worry these are not fakes notes, these are considered legal now. next in line pakistan bank of india or ISI bank of India notes will also be considered legal tenders, because the GOI is trying to consolidate all the fake currency notes under SBI itself. in words what ever was fake before is legal tender now.

who says modi doesn't have intellect? he just does things differently. only full time paid bhakts (in legal tenders) can understand his master plans.

And only full time loonies like a certain member can be so vitriolic in his anti modi stance because the economy of this country is not run by a "Oxford educated "blabering idiot controlled by an Italian bar maid

And OT rant: @sukhish who in this fucking world gives you the fucking right to call us (those who support the Pm) paid listen up you moron that kind of whore house tricks are used by the indian national gathering of baboons and the Chinese party of india or the Am Ass party not us no matter what happens we (the PMs bakths as some loonies call us ) will stand behind him for the long haul what the fuck are you suckers going to do about it go and cry like that bitch harmeet

End of rant

 

[sukhish]

And only full time loonies like a certain member can be so vitriolic in his anti modi stance bevause the economy of this country is not run by a "Oxford educated "blabering idiot controlled by an Italian bar maid

economy of this country is run by a lawyer who has spent his entire life doing dus ka bees (hourable FM arun jaitly) and a school drop out who never knew how to pronounce the word "economy". quite lot of new 2000 Rs notes in circulation are fakes now a days. good job of curbing fakes notes. another example of PM modi working way to harder guys? keep chanting for your boss.

 

[sukhish]

And only full time loonies like a certain member can be so vitriolic in his anti modi stance bevause the economy of this country is not run by a "Oxford educated "blabering idiot controlled by an Italian bar maid

also a lot of the new Rs 500 notes do not have serial numbers on them now a days. do you guys know if these are considered legal tenders by any chance?

 

[F-14B]

also a lot of the new Rs 500 notes do not have serial numbers on them now a days. do you guys know if these are considered legal tenders by any chance?

Do you have proof of it or are you just siting in your plush LA mansion and gassing this out

economy of this country is run by a lawyer who has spent his entire life doing dus ka bees (hourable FM arun jaitly) and a school drop out who never knew how to pronounce the word "economy". quite lot of new 2000 Rs notes in circulation are fakes now a days. good job of curbing fakes notes. another example of PM modi working way to harder guys? keep chanting for your boss.

They are in my view far better than a certain Oxford educated unpad gawar who was
Member United Nations Conference on Trade and Development (UNCTAD) from 1966–1969.
advisor to the Ministry of Foreign Trade
From 1969 to 1971, Singh was a Professor of International Trade at the Delhi School of Economics, University of Delhi. ( no surprise)
In 1972, was Chief Economic Adviser in the Ministry of Finance and
in 1976 Secretary in the Finance Ministry.
from 1980 to 1982 he was at the Planning Commission, and in 1982, he was appointed Governor of the Reserve Bank of India and held the post until 1985.He went on to become the deputy chairman of the Planning Commission of India from 1985 to 1987
And could not do anything to influence the GoI to abandon its failed nehruvian economic model

 

[Indx TechStyle]

@sukhish Well, exports depend on three factors,
Internal consumption, manufacturing growth rate & demand in foreign markets (foreign markets specially for large country like India).
All I know that exports fall was arrested at same time when MVA growth reached on two years high, and they have been steadily growing.
During demonetization, lesser public consumption put it further ahead but post demonetization as things are returning to normal, I expect it slow down but growing slowly because of manufacturing growth rate & increasing consumption.
Good News: Well being index has improved faster than growth this time, specially for rural areas.

My sole purpose of the post: Judging economic growth with exports growth is utter absurdity, only can be carried out by our esteemed and knowledgeable friend sukhish.
I will suggest @AnantS and @F-14B not to argue any further.

 

[sukhish]

Do you have proof of it or are you just siting in your plush LA mansion and gassing this out


They are in my view far better than a certain Oxford educated unpad gawar who was
Member United Nations Conference on Trade and Development (UNCTAD) from 1966–1969.
advisor to the Ministry of Foreign Trade
From 1969 to 1971, Singh was a Professor of International Trade at the Delhi School of Economics, University of Delhi. ( no surprise)
In 1972, was Chief Economic Adviser in the Ministry of Finance and
in 1976 Secretary in the Finance Ministry.
from 1980 to 1982 he was at the Planning Commission, and in 1982, he was appointed Governor of the Reserve Bank of India and held the post until 1985.He went on to become the deputy chairman of the Planning Commission of India from 1985 to 1987
And could not do anything to influence the GoI to abandon its failed nehruvian economic model

he did made a good influence in 1991/1992. how many economic analysts before 1990 (can you name a few) were supportive of capitalism ? the fight between capitalism and socialism was exposed only after the collapse of soviet union. nobody was extremely confident about the merits of capitalism before that. its easy to type using a key board to say that india should have adopted a capitalistic form of society right after its independence. being ruined by the British, India was extremely cautious about experimenting anything western. india had lost self confidence during the 200 year rule of british empire. it's pretty hard for some nation being ruled by 200 years to just come out and support capitalism just after its independence, that to a country as big as India. I think people try to neglect the fact that 200 years of british rule did a lot to the indian people.

US adopted a capitalistic form of experiment because they had won world war 2. that does a lot to your morale.
GOT IT!!
how many risks takers could India have produced right after its independence , could some one give me a count ?
till date not a whole lot of indian people are risk taking, be it economy, sports etc etc.

 

[sukhish]

he did made a good influence in 1991/1992. how many economic analysts before 1990 (can you name a few) were supportive of capitalism ? the fight between capitalism and socialism was exposed only after the collapse of soviet union. nobody was extremely confident about the merits of capitalism before that. its easy to type using a key board to say that india should have adopted a capitalistic form of society right after its independence. being ruined by the British, India was extremely cautious about experimenting anything western. india had lost self confidence during the 200 year rule of british empire. it's pretty hard for some nation being ruled by 200 years to just come out and support capitalism just after its independence, that to a country as big as India. I think people try to neglect the fact that 200 years of british rule did a lot to the indian people.

US adopted a capitalistic form of experiment because they had won world war 2. that does a lot to your morale.
GOT IT!!
how many risks takers could India have produced right after its independence , could some one give me a count ?
till date not a whole lot of indian people are risk taking, be it economy, sports etc etc.

India got its independence using a non violent means and not outright war victory. that's a big thing to take into account when answering these questions.

 

[F-14B]

he did made a good influence in 1991/1992. how many economic analysts before 1990 (can you name a few) were supportive of capitalism ? the fight between capitalism and socialism was exposed only after the collapse of soviet union. nobody was extremely confident about the merits of capitalism before that. its easy to type using a key board to say that india should have adopted a capitalistic form of society right after its independence. being ruined by the British, India was extremely cautious about experimenting anything western. india had lost self confidence during the 200 year rule of british empire. it's pretty hard for some nation being ruled by 200 years to just come out and support capitalism just after its independence, that to a country as big as India. I think people try to neglect the fact that 200 years of british rule did a lot to the indian people.

US adopted a capitalistic form of experiment because they had won world war 2. that does a lot to your morale.
GOT IT!!
how many risks takers could India have produced right after its independence , could some one give me a count ?
till date not a whole lot of indian people are risk taking, be it economy, sports etc etc.

Indians have taken a lot of economic risks
It was People like Jamsetji Tata Sir sorbji pokhanwala ,Dewan Bahadur A M Murugappa Chettiar and Lovji Nusserwanjee Wadia that laid the foundation for the indian economy that we see today
So dont put all the glory on Nehru's and MDKCGs head even the indian royalty that you and your ilk so hate also did their bit for the economy as an example the maharaja of travancore Major General H. H. Sree Padmanabhadasa Vanchipala Sir Balarama Varma III Manney Sultan Maharajah Raja Ramaraja Bahadur Shamsher Jang, Maharajah of Travancore, GCSI, GCIE under his gudince established Travancore Rubber Works, Kundara Ceramics, Fertilisers and Chemicals Travancore(FACT), Travancore Titanium Products Ltd, Travancore-Cochin Chemicals, Punalur Paper Mills and the State bank of Travancore its not about self confidence it was the stupidity of our first brown shaib in Chife that took down this destructive path that almost made India take the begger's bolw do you know the same capitalistic socity of big industry that handed the first union cabinet the plan which would latter be called the bombay plan originally titeled

Titled A Brief Memorandum Outlining a Plan of Economic Development for India, the signatories of the Plan were[1]Jehangir Ratanji Dadabhoy Tata, Ghanshyam Das Birla, Ardeshir Dalal, Sri Ram, Kasturbhai Lalbhai, Ardeshir Darabshaw Shroff, Sir Purshottamdas Thakurdas and John Mathai.
The plan envisioned government control for a limited period of time by chaca fucked it up pretty bad and screwed it as usual

 

[Berkut]

India got its independence using a non violent means and not outright war victory. that's a big thing to take into account when answering these questions.

Sorry , not sure what your point is. From what I understood from your post, you seem to be defending Chacha Nehru and his experiments with Socialism.
I don't think India's tryst with Socialism has anything to do with 200 years of being colonised. Socialism is as western concept. Possibly more Western than capitalism(Indians as a people are very "capitalistic" if that's a word, in nature. There is ample proof on this starting from establishing ancient trade relations with South East Asia to trading on the silk road etc)
Whether India got its independence through non violent means or the British empire shook due the Naval mutiny is another thread altogether.
Coming back to the topic of de-monetisation, the early signs show that there has been no negative impacts. I think the full picture of how good it was for the country will only be visible after 4 to 6 months from now