How big is the economic crisis for Niti Ayog to propose a 2-year construction ban? Is something major being hidden from the public in this panoply of daily tamashas?
Breaking:
Amid global energy crisis, PM Modi calls for reducing petrol, diesel consumption through public transport, car-pooling, EVs.
Asks citizens to avoid foreign tourism, non-essential gold purchases, revival of WFH;
Urges farmers to cut chemical fertilisers use by 50%
@mainbhiengineer On top of this, some random tax officer will pull my file for a manual audit once every 3 years. And any Tax refunds come 9 months late.
I read this take often and it's the stupidest way to put it. 50-80 percent of an Indian citizen's wallet is spent indirectly on USD because India makes almost nothing (except food) and imports almost everything. The kind of Rupee depreciation we have seen in one FY (10-12 pc) is extremely harmful to India.