I think all debt is against huge infra projects so real assets are there to backup. With country opening up it will give returns in airports, ports and indian economy is need huge infra push. He won't be allowed to fail from GOI.If the company's gearing is high, it's growth prospect decreases. They'll spend most of their income servicing the debt. Which will lead to less dividend. Which will lead to fall in Market value of shares.
Also, companies with high gearing will have difficulties raising money.
Even if the company does not make profits, the debts have to be serviced. It's not a ideal position to be in.
90% have 1 to 2 acres of land. 1 acre gives roughly 50k to 100k profits per annum.Apt reply would be to bring farmers who avail MSP, under income tax fold.
Even if the debt is backed by securities, it's not a good idea to have high debt.I think all debt is against huge infra projects so real assets are there to backup. With country opening up it will give returns in airports, ports and indian economy is need huge infra push. He won't be allowed to fail from GOI.
Expected. Yogi had to face nationwide economic slowdown. In such cases it is only natural that the poorer states would suffer more. Bihar is an outlier partially beacuse of its high agri growth and the rest may be attributed to its extremely low base. However, this treand will not last; lower base will ensure UP grows faster from now on.
Worth going through the whole thread
I like how lungis get ass blasted showcasing their insecurity whenever some naarthie mentions TN , i have no time to go over every bs that he spouted and nor do i think that UP is epitome of greatness here. Now coming to 'propaganda' the original author was probably referencing this report from TOI,
Worth going through the whole thread
Do they have to pay income tax? Does anyone who doesn't have taxable income above 5 lakhs ( due to 87a) pay income tax?90% have 1 to 2 acres of land. 1 acre gives roughly 50k to 100k profits per annum.
90% are earning maximum 2 to 3 lacs per year. Don't burden them with tax baba.
It’s a myth that economy of Bihar is dependent on agricultureExpected. Yogi had to face nationwide economic slowdown. In such cases it is only natural that the poorer states would suffer more. Bihar is an outlier partially beacuse of its high agri growth and the rest may be attributed to its extremely low base. However, this treand will not last; lower base will ensure UP grows faster from now on.
I like how lungis get ass blasted showcasing their insecurity whenever some naarthie mentions TN , i have no time to go over every bs that he spouted and nor do i think that UP is epitome of greatness here. Now coming to 'propaganda' the original author was probably referencing this report from TOI,
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UP surges to second spot on GSDP list, beats Gujarat & TN | Lucknow News - Times of India
Lucknow: Despite Covid-induced slowdown in economies across the world, Uttar Pradesh has become the second largest state of India in terms of Gross St.timesofindia.indiatimes.com
It says that GSDP of TN in 20-21 was around 19.2 lakh crores while that of UP was around 19.4. That unkill is probably using wikipedia article or some shiet.
@Crazywithmath what's the best way to get exact numbers. What do you think about the above article? Is there any misreporting?
Also, it's not the first time that UP has been on the second spot, it's been there in the past too.
Raxaul-Haldia and Kolkata-Patna are the same expressway. It is mostly Raxaul-Patna-Kolkata with a greenfield link to Haldia. Apart from that, various cities and towns will be connected with the UP expressways through some greenfield links.@Crazywithmath
Raxaul-Haldia Expressway
Patna-Kolkata Expressway
Silliguri-Kolkata Expressway
Gorakhpur-Silliguri expressway
Buxar-Bhagalpur Expressway
Ghazipur-Patna Expressway
Varanasi-Ranchi-Kolkata Expressway
Aurangabad-Darbhanga Expressway
If all these projects gets completed on time then Eastern Region of india is gonna be the most expressway dense region with all the expressways converging at Kolkata and haldia and one spur from Bihar going towards north east
Not to mention that india Myanmar Thailand Trilateral Highway is also being planned
IMF has asked RBI to go easy on buying dollars. Otherwise RBI would be adding $2 billion per week. By 2023 RBI should aim for $850 billion in forex. We need to have more dollars and Euros to prop up our manufacturing by subsidizing as much as we can until some of the industries are established here for good for long term.
have they given this advice to other countries or just us?IMF has asked RBI to go easy on buying dollars. Otherwise RBI would be adding $2 billion per week. By 2023 RBI should aim for $850 billion in forex. We need to have more dollars and Euros to prop up our manufacturing by subsidizing as much as we can until some of the industries are established here for good for long term.
Raxaul-Haldia Expressway seems to be very important estimated cost of Raxaul-Haldia expressway is 54,000 crore INR and its 650 kilometers in length its even more expensive than Delhi Mumbai expressway which is 1300 kilometers long and cost 100,000 lakh crore INRRaxaul-Haldia and Kolkata-Patna are the same expressway. It is mostly Raxaul-Patna-Kolkata with a greenfield link to Haldia. Apart from that, various cities and towns will be connected with the UP expressways through some greenfield links.
Apart from that,
Kolkata-Kharagpur expressway,
Kharagpur-Siliguri expressway,
Balia link expressway,
Gopalpur-Digha greenfield coastal highway,
Ranchi Sambalpur expressway,
Dhanbad Raipur expressway,
Ranchi Paradip expressway,
Bakhtiarpur Ormanjhi expressway,
Odisha capital region ring road,
Raipur-Vizag expressway
These are some of the proposed/ongoing major projects in the eastern region. And I am not mentioning various ongoing highways, road widening projects, ring roads, port connectivity projects. Bihar is building bridges every 40 km over Ganga.
I think there is a controversy going on in IMF with respect to China where they have fudged some data in favor of China with respect to ease of doing business ranking.have they given this advice to other countries or just us?
thanks to your post, found this..
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