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Aboutme.SubinFinance - How China Can Create A Powerful Economy

Aboutme.SubinFinance Aboutme.SubinEconomics Aboutme.SubinHealth Aboutme.SubinAdvertise China’s current devaluation and once more another one have created tremors in the world market and still the stocks are sliding, looking at the status of the economy.  The Government has tried to stabilize the market, by curbing outflows and arresting big investor community who tried to destabilize Yuan and Pumped money in the Banks to create money-flow in the economy.  Still the economy is having down-ward pressure – says Premier Li Keqiang, and still assure that they’re trying to keep the economy on tracks.  Now, China and Chinese Premier, start building your economy different. What happened is happened and we can’t do anything for what has happened?  Now Private sector will not be investing in your economy. But, the Government can do it. Now chart yourself New Roads, Railways, Link Villages with Cities by Rail, Road and Air, built Big Bridges, Stadiums, etc, which w

Aboutme.SubinFinance - RESERVE BANK CAN’T DECREASE THE INTEREST RATE:

Reserve Bank Can't Decrease The Interest Rate: Indian Finance Minister Do not know “What is the Status of Indian Economy” and trying to pressurize RBI Governor Raghuram Rajan to decrease the Bank Rate [ie., Interest Rate in Whole concern”], which will be helping the industries, but what about the lack of monsoon led agriculture sector. How can we decrease the interest rate [Bank Rate] supporting the reason that Indian economy is having low inflation rate, Crude prices have come down and India’s growth factor.  India’s Inflation Factor: Last year Arhar dal was of the price of Rs. 60 – Rs. 80 per kg and now it’s zooming around Rs. 112 – Rs. 120 per Kg. Moong is also heading to Rs. 80/kg. Masur has increased to about Rs. 75/kg. Only Chana dal has increased by Rs. 5/kg. Cooking Gas has increased to Rs. 645 per Cylinder. Cooking oil [taking the example of Ruchi Oil] has increased to Rs. 80/litre, which was about Rs. 65/Litre.  Tomato is on the sky with