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Posted

These older people need to learn to step aside, not only the BJP but also looks like oldies in congress are hanging onto their positions. just how shameless is advani. He is how old now? He has had his time. We blame our cricketers for not retiring, but its the same with these politicians. These people have had their time from 1999-2004. Do they perpetually want to be given posts?

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Because of retirement age of 75 whole of Atalji's cabinet was made redundant by Modi. I still think some may have come good but wont fret on it

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I actually laud Modi for that. ABV was perpetually hobbled by knee injuries and operations. the mind maybe willing but the body needs to play ball.

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Madhu Kishwar ‏@madhukishwar 7m7 minutes ago Advani Vs Modi--Advani mobilised BJP cadres to create Babri vs Ram Mandir fasad leading to riots. Modi mobilised & united whole world 4 Yog

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India's oil import bill to fall 21.7% to $88 bn in FY16 Read more at: http://www.moneycontrol.com/news/economy/indias-oil-import-bill-to-fall-217-to-3688-bnfy16_1631401.html?utm_source=ref_article

India, which is 80 perceny import dependent to meet its oil needs, spent USD 112.748 billion in 2014-15 on import of 189.43 million tonnes of crude oil. In rupee terms, it came to Rs 687,369 crore. For the current fiscal, the ministry's Petroleum Planning and Analysis Cell (PPAC) has estimated USD 88.203 billion spending on import of 188.23 million tonnes of crude oil. In rupee terms, it comes to Rs 548,655 crore.
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Modinomics: India attracts highest FDI inflows in Asia in 2014, says report RELATED

FDI dips 40 per cent in March, lowest in four monthsFDI policy 2015 falls short of expectations MORE FROM THE AUTHOR Bank of Baroda declares dividend of Rs 3.20 per shareEPFO allows small firms to pay dues by cheques, drafts FDI inflows in India rose 22 per cent to $34 billion in 2014, and the upward trend is likely to continue against the backdrop of a push to manufacturing as part of the 'Make In India' initiative, a UN report said on Wednesday. Foreign direct investment (FDI) inflows to South Asia rose to $41 billion in 2014, primarily owing to good performance by India, said the UNCTAD's World Investment Report 2015. FDI inflows to India are likely to maintain an upward trend in 2015 as economic recovery gains ground... In terms of the sectoral composition of FDI inflows, manufacturing is likely to gain strength, as policy efforts to revitalise the industrial sector are sustained, including, for example, the 'Make in India' initiative launched in mid-2014, it said. The increase in the fund flows to India comes at a time when the global FDI fell 16 per cent to $1.23 trillion in 2014. Releasing the report in New Delhi, Policy Analyst and UNCTAD Consultant Premila Nazareth Satyanand said, "Once again, we (India) are in top 10 countries. In 2008, we went out of top 10... We are doing better than others. India is in higher bracket this year." Satyanand added: India ranked 6th among the most promising investor economies. It ranked 3rd among top 10 prospective home economies. We are very much in people's mind. However, she said, when we look at FDI outflow, India is not among the top 10 countries. Satyanand noted that detailing of FDI statistics is very rudimentary in India and called for its state-wise reporting. The report said the drop can be explained by the fragility of the global economy, policy uncertainty for investors and elevated geopolitical risks. New investments were also offset by some large divestments. However, among the top 10 FDI recipients in the world, half are developing economies-Brazil, China, Hong Kong (China), India and Singapore. UNCTAD further said that in the manufacturing sector in South Asia, FDI success stories have come up, with India's automotive industry showing how large-scale inflows can reshape the trajectory of industrial progress in low-income countries. A vital cog of the Indian economy, the automotive industry has been identified as one of the key industries where India has the potential of becoming a world leader. According to government data, accumulated FDI inflows to the auto industry between April 2000 and November 2014 stood at $11.4 billion. The country accounted for the majority of greenfield investment projects announced by global automakers and first-tier parts suppliers in South Asia during 201314, including 12 projects of above $100 million. The report further said FDI inflows to Pakistan increased 31 per cent to $1.7 billion driven by rising Chinese FDI flows into services. Furthermore, the country will benefit significantly from the China-Pakistan Industrial Corridor and associated Chinese investment in infrastructure and manufacturing in the overall context of implementing the 'One Belt, One Road' strategy, it added. According to agreements signed between the two governments in April 2015, Chinese companies will invest about $45.6 billion in Pakistan over the next few years - $33.8 billion in electricity and $11.8 billion in transport infrastructure, the report said. In Sri Lanka, FDI flows from China also rose (China has become the largest source of FDI to the country in recent years). Moreover, if the implementation of the China-led 21st Century Maritime Silk Route Economic Belt gains ground, an increasing amount of Chinese investment will flow to Sri Lanka, particularly in large infrastructure projects, it said.
http://businesstoday.intoday.in/story/naarendra-modi-make-in-india-highest-fdi-inflows-in-asia/1/220951.html
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The MSM as usual seems to be avoiding discussion on the most crucial aspect of the 206 CRORE scam of the BJP-led Maharashtra government. It is not just about awarding contracts without tenders. Foodstuff procured for poor children were Contaminated with Clay . This is failure on multiple levels.

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The MSM as usual seems to be avoiding discussion on the most crucial aspect of the 206 CRORE scam of the BJP-led Maharashtra government. It is not just about awarding contracts without tenders. Foodstuff procured for poor children were Contaminated with Clay . This is failure on multiple levels.
I agree this needs to discussed more than anything else. If allegations are true Ms Munde should go.
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Great move ' date=' India has too much population living in rural area's urbanisation will improve them economically[/quote'] will not work without creating adequate jobs...
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The MSM as usual seems to be avoiding discussion on the most crucial aspect of the 206 CRORE scam of the BJP-led Maharashtra government. It is not just about awarding contracts without tenders. Foodstuff procured for poor children were Contaminated with Clay . This is failure on multiple levels.
Dont count your chickens till they hatch.... Chikki scam: Pankaja Munde gave contract to NGO headed by Congress leader, says report
The Indian Express has now revealed that that the Sindhudurg-based Suryakanta Mahila Audyogik Sahakari Sanstha is headed by Pradnya Parab, Congress’ women’s cell head for the Sindhudurg district. The revealation has left the Congress red-faced. Notably, the party had registered a complaint with the Anti-Corruption Bureau (ACB) and sought a CBI probe into the matter.
The compliant filed by the Congress had also cited a letter from the Ahmednagar Zilla Parishad about the chikki having bits of sand and clay in it. To this, Gawade said, “The moment we learnt about the complaint, we immediately sent samples for testing to a government laboratory in Nagpur. The results say the samples are fine. However, we have sent the samples to another government laboratory in Delhi and are awaiting written results. We take all precautions to ensure our products are of the best quality.”
http://zeenews.india.com/news/maharashtra/chikki-scam-pankaja-munde-gave-contract-to-ngo-headed-by-congress-leader-says-report_1620282.html Munde on her part has come out and said she has no issues in being probed by the courts or even her government. She is in the usa and will provide detailed input into the distribution of funds which she says broke no government resolution.
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India Attracts Enough FDI to Join Global Top Ten

Even as most countries attracted less foreign direct investment last year, investment in India surged on hope its economy is set for take off. Asia’s third-largest economy received $34 billion as FDI in 2014, according to report released Wednesday by the United Nations Conference on Trade and Development. That’s a 22% jump from the previous year, meaning India was the country that attracted the ninth largest amount of international investment last year. The year before the South Asian nation’s ranking was 15th. Total global FDI fell 16% to $1.2 trillion during the year as a fragile global recovery and geopolitical risks hurt investor confidence. While much of Asia saw increased inflows, India was among the countries that showed the biggest increases. “As an expected economic recovery gains ground, FDI inflows are likely to maintain an upward trend in 2015,” in India, the Unctad report said. The government’s efforts, including Prime Minister Narendra Modi’s “Make in India” program aimed at attracting global companies to produce locally, are helping strengthen interest the country’s manufacturing sector, the report said. Of course, India still has a lot of catching up to do with its regional competitor China. While FDI into China grew a much slower at 4% last year, it received close to four times the FDI India got. China attracted $129 billion in 2014, helping it dislodge the U.S. as the highest FDI attracting nation.
http://blogs.wsj.com/indiarealtime/2015/06/25/india-attracts-enough-fdi-to-join-global-top-ten/ I think if the Modi government is able to double the FDI into the courty to say $70 billion by 2019 in addition with remittances too projected to increase to about $90 billion by 2019, India is going to have a positive current account even if exports do not pick up. A solid macroeconomic territory to be in.
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India Attracts Enough FDI to Join Global Top Ten http://blogs.wsj.com/indiarealtime/2015/06/25/india-attracts-enough-fdi-to-join-global-top-ten/ I think if the Modi government is able to double the FDI into the courty to say $70 billion by 2019 in addition with remittances too projected to increase to about $90 billion by 2019, India is going to have a positive current account even if exports do not pick up. A solid macroeconomic territory to be in.
I believe India had positive or nearly positive current account in 2004 when Vajpayee left office. Manmohan Singh ruined it badly.
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I believe India had positive or nearly positive current account in 2004 when Vajpayee left office. Manmohan Singh ruined it badly.
yes we did. It deteriorated due to MMS and his subsidy schemes. More than MMS it was the Gandhis , especially Sonia Gandhi.
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does anyone know what exactly is Digital India initiative. Seems the whole Twitter is buzzed with this initiative.

Tata Group to hire 60,000 IT professionals this year: Cyrus Mistry Mukesh Ambani announces Rs 2.5 lakh crore investment across digital India pillars Mukesh Ambani says will create Jio Digital India start up fund; working with device makers to make affordable devices #DigitalIndia will create a knowledgeable society : Tata Group chairman Cyrus Mistry This initiative can transform the Nation in the shortest possible timeframe. Wh better to lead it than our PM: Mr. Sunil Bharti Mittal The vision of PM for #DigitalIndia is a very powerful one. It is a first step forward to empower citizens with technology: Azim Premji Committed to invest Rs 1 lakh crore in next 5 years in digital space: Sunil Bharti Mittal #DigitalIndia drive will help the country ensure sustainable growth: Ping Cheng, CEO Delta Aditya Birla Group to invest $7 billion in next 5 years in network rollout and infrastructure and digital space, says K.M Birla
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https://mygov.in/group/digital-india/ very vague... creation of digital lockers is one I can see
Yup. I am also confused as to what exactly are we going to do with this initiative. May be more and more digitization, E-Tendering, e-Registry of property, e-Locker, optic fibre all across the country. With the amount of investment these big business houses are planning, it seems to be huge initiative.
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