Packages Of Unknown




          Packages of Unknown


When financial crisis looms money tends to flee in the hands of conservative or in the cwatch of irrational money holders who sees the opportunity to exploite the deprived class but this might be happen in the aristocracy ir dictatorship ; what if starts to happen in the federalist nation when govt. starts to manipulate you with the extended level of hallucinations. Pandemic shows two faces of anything one is conservative or second one is unorthodoxy.  

Aatmanirbhar Bharat, a campaign sounds like 2.0 of Make in India didn't had anything in it's trenches for the lower section ,who did opened their eyes widely to gain some cooling effects from govt. cooler. A 20lakh crore package might look bigger than the need of time or could be anything but if you could part it, you will occulude with the skeptical view of govt. First package of 1.69 lakh crore (.97% if total GDP) in which govt. only given 60000 thousand crore as input influx and rest will be going through when govt. will procure the good grains from the farmers at mandis. Two time dividens if RBI first on 17th February as first of 2.78lakh crore and second one arround 27th March around 3.68 lakh crore ,so govt. did nothing to manage the first 30% of the total sum of 20lakh crore ; as it total reached to beyond 6lakh crore. Rest left 14 lakh crore in which govt. allowed to the RBI to do Open Market Operation and Over night borrowing by cutting their Repo Rates and Cash Reserve Ratio to an affordable extent ,so that banks can pull the MSME's and to encourage them to grab something to build again.

 However RBI might get some thrust og negative sign that money well not be come to the pocket again or start reflecting sign of NPA but they have to give to try some risk of certainty. Contingency Fund Of India didn't felt the burden of this pandemic as govt. starting to fill up their fiscal deficit of 7,98,000 lakh crore by stalking in the middle of the market and to have something from FDI. Govt. 2lakh crore influx to the agricultural market is a long term come out result what they have to do urgently is that to transfer the money directly to farmer's account through DBT not Rs.500 but appeox 5000 ,this would cost around 1-2lakh crore for atleast very lower level of farmers ,who are in hand-to-mouth condition. We must pat the back of govt. to amend the Agricultural Market Produce Committee Act by freeing the farmer to sell their produce not to any regional mandis but wherever they get the best price. But all will this in vein if they don't get hard cash for now.

Govt just made it huge cause the labourers who are walking on the road never will sit to solve the math behind this package.

Comments

Popular posts from this blog

Manipulated Multilateralism

Exporting Democracy, Importing Chaos: The U.S. Middle East Strategy