With the ban on 500/- and 1000/- Rupee notes, Govt has given a huge opportunity to black market players and road side interest hunters to mint money in just one week. I will tell you how. These financial goons will now sell 100/- and lesser denominations notes at the rate of atleast 30 percent profit.
The currency what they will collect would be deposited in somehow manipulated fair and white in many bank accounts. Govt should have given a thought on this.
My second concern is are we heading towards a Nationwide bankruptcy and Govt is just concealing the actuality under these financial moves. Please note that recently there has been a tremendous expenditure on arms by the Govt. The cost of one Brahmos missile is 2.37 billion dollar.
Govt should clarify its actual financial position to the masses and assure us that we are not becoming the next Greece.
No comments:
Post a Comment