I just filled in an online Enumeration form.
It's simple if :
1. Your name is present in 2002 voting list + and present voting list.
2. If your parents name is present in 2002 list and your name is present in current voter list.
To submit online Enumeration, Your name in the Aadhar card should match with the name mentioned in election id. If your name doesn't match, You have to fill and submit the enumeration form to your respective BLO when he comes home.
Once you submit your Enumeration online, You'll get a reference Id. Take a screenshot, Get a print out and submit it to your BLO. Only BLO will have the access to accept your submission.
@rab9604 Amit Bhartia, the best thinker I have seen in decades, and I co-author this piece, inverting the entire chest beating over the impending collapse of our fertility rate, hence, demo dividend.
We argue that Demographic Buyback is the RIGHT way to look at TFR collapse, and that's how we will reach Middle Income in 75 years. There is no other way.
We hit ~$50,000 National EPS by 2100... that's $50k per Capita GDP.
We narrow the gap with US and China. We probably turn in a fiscal surplus.
Read it. It's all there.
A Demographic Buyback increases the nation's EPS, and economy's Free Cash Flow, as we postulate.
So, far from a death sentence, a population collapse is the solution: just like it is for China & others.
Point is Not whether the forecast is right or not.
Point is: only countries with declining populations will prosper in the coming decades. This is beyond debate.
Read. Reflect. Rotate and Share.
Final note: anybody using this concept will need to attribute to us. Otherwise I shall shame them with the call " Gali Gali mien shor hai, ยฃยขยฅ~ Idea Chor hai".
Current Valuations Compared to the COVID Period:
Why MTF Can Be Costly Stunt ?
During COVID, starting valuations in the market were quite cheap. Smallcaps and microcaps had already seen a big fall after the 2018 Budget introduced 10% LTCG tax.
At that time, crude oil prices were also low, trading between $50 to $65 per barrel. Today the picture is different , crude is trading above $90.
Here are some key points: -
Starting valuations are not cheap compared to COVID levels :
Many stocks, especially in small and microcap segments, are trading at higher prices :
Investors using **MTF (Margin Trading Facility)** pay high interest rates usually between 10% to 15 % per year
These interest charges keep adding up every day, which increases the total cost of holding positions & on Top of it you have to pay STT / Transaction charges , STCG/LTCG .
Be careful !