Govt Spending to Offset Withdrawn Black Money

Over the next 2 months the white cash availability in markets will improve and address the withdrawn white cash and related consumer demand from the markets. Some will move to plastic and electronic money.

However, the black money that has been withdrawn has to be replaced with public spending so people and businesses don't loose earnings.

We seek your inputs on what areas should the Government begin spending such that this impact is minimized. This is something that should begin now such that the impact of demonetisation to business is minimized.

We look forward to your inputs and will share the same at highest levels in Central Government so actions are taken. more  

View all 88 comments Below 88 comments
We are discussing a lot about the beggars. Can black money recovered be used partly to lift up the genuinely poorest of the poor? Or will some bureaucrats swallow the money meant for the beggars too? You never know, the corrupt people have no shame. more  
So as on arriving at 30th Dec'2016, we see that whole currency have come onto the system. so no question of increasing public spending. Today the action point is that How Banks can lend this money judiciously that Over all economy goes up. more  
1. The successive Govts. have bestowed a very little attention to the Agriculture sector resulting a huge lose of life thro' suicides of farmers and food productivity as well. The present Govt. has to provide necessary infra structure and fair ways of marketing for their products. 2. Our Standard of Education is miserably very low. The Govt. has to make arrangements to release the 'Education' from the clutches the Mafia and provide sufficient skillful teachers and labs to all Govt. institutions. 3. The common man is facing insurmountable difficulties in private/corporate hospitals and Govt. Hospitals as well in different ways. Loot mar by the former and lack of necessary medicines and doctors in latter. This is an another area requires urgent attention. 4. Our judicature is another area where it requires urgent attention for provision of infra i.e. appointment of judicial personnel and no. of courts to clear crores of pending cases. The delay in justice is denial of justice to the people of our country. 5. Another most important issue of the day is filling up the vacancies in Police, CID, ACB. CBI, IB, RAW and CVC where efficiency is suffering. more  
Government should use such vast money for erecting capital assets, rather than going cheap by way of using it for various unproductive welfare schemes. Creation of capital assets would fuel manufacturing whereas welfare would induce inflation. more  
Dear sir, The biggest problem now is the non availability of cash and loss of income for people. So, to rejuvenate the economy, we should make quantitative easing by providing more money available for spending by crediting each account with a fixed amount. more  
Post a Comment

Related Posts

    • Budget related aam aadmi issues

      Earlier pre Covid I remember LC Manager used to do budget surveys which would then be escalated to Finance Minister. Why has LocalCircles stopped this exercise? We as people should deman...

      By Sudesh Rai
      /
    • 9 in 10 face call drop in India

      Excellent work LC Manager on escalating this call connection and drop issue. Most amazing thing is Govt let them increase tariff without any accountability.

      By Rajesh Suri
      /
    • Spineless media of India

      Our print media has become totally spineless. Despite all the 3 telcos increasing mobile tariffs one by one within 2-3 days, none of our business or general papers were able to show some guts and q...

      By Amit Mishra
      /
    • What’s wrong with India

      Here is What is wrong with this country -The PM meets youtubers, billionaires,cricketers but not the victims of various tragedies and scams. - People were seen carrying dead b...

      By Ruchika L Maheshwari
      /
    • All should be banned from making copies of pan and aadhaar

      Everyone please read this LocalCircles report and forward to all your WhatsApp groups. https...

      By Seema Shah
      /
    • FSSAI action on junk food labeling

      Sudesh bhai, Not just action against errant spice manufacturers, our circle and LC manager efforts have led to another action yesterday where all junk food packaging has to have nutriti...

      By Amit Mishra
      /
    • Excellent efforts LC on spices

      Your efforts against unsafe spices have bourne fruit as earlier this week FSSAI cancelled licenses of 111 spices manufacturers and mdh everest badhshah are included.

      By Sudesh Rai
      /
    • Can politicians emulate cricketers

      What a gutsy and heart warming performance by Indian cricket team. The attached is a must watch. When will see our politicians play like a team instead of throwing pot shots at each othe...

      By Harsimran Kaur
      /
    • The hype reality divide

      By global standards, digital India's 4G networks aren't up to the mark. This lacuna in telecom infrastructure is part of an endemic problem: Making large claims where the reality doesn't match hype...

      By Ashish Rai
      /
    • Price of essential commodities

      Price of essential commodities today as shared by my father in MP :- Coriander leaves: Rs 400 :- Ginger: Rs 320 :- Garlic: Rs 160 :- Tomato: Rs 100 :- Cucumber: R...

      By Ruchika L Maheshwari
      /
    • Prices of vegetables impacting many households

      Excellent survey by LocalCircles on veggie prices https://www.localcircles.com/a/press/pag...

      By Sarita Ravichandran
      /
Share
Enter your email and mobile number and we will send you the instructions

Note - The email can sometime gets delivered to the spam folder, so the instruction will be send to your mobile as well

All My Circles
Invite to
(Maximum 500 email ids allowed.)