Hi!
In this thread, I propose to write my opinions, comments, expectations and wishful thinking about anything and everything that gets covered and connects to Political and Government
The subject of Psychology starts with the base statement of Individuals differ and therefore, it is quite possible that others may differ. They are free to post their view points.
I would request that jokes and gags, that may be connected to Political and/or Government may please be excused in this thread, because there are other threads for jokes and gags.
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To start with the newly elected Government and Pranab becoming the FM. He has been FM till late eighties. that is before the Manmohan-Ciddu era.
I found his activities. in a way funny. To reduce a percentage or half [or even 2 or more] of the duty in one case and increase the same elsewhere was his motto. There was no clear-cut direction that could be seen from these decisions. More over, it appeared like favouring the one and punishing the other, for whatever unknown reasons that could have existed.
Pranab has already declared today, that the Budget is expected during the first week of July 09. But there is not going to be any change for Income Tax or possibly also for Customs-Excise rates. It could be only to do with the Finance management, for which, in my opinion, Pranab is NOT the best person available.
By July, the results of the first quarter shall start becoming available. Market shall have some expectations for the interest rates and other related economic matters, which shall prove to be over expectations and markets may come down there after.
What goes up, comes down. But for anything to come down, it needs to be reasonably up, to start with. And thats why, I expect markets to be up in June 09.
I also expect that the UPA Khichdi may break-out. Atleast one member party is expected to move out, prior to the next Budget in Feb 10. And if this happens, then from the Ministries vacated by that party, Pranab shall get moved to one of the Ministries available, Chiddu would like to put his hands once again on Finance, with the Home going to the PM himself.
Alternatively, Chiddu may stay with Home and Manmohan shall take additional charge of Finance.
Either of the two cases, shall be to the benefit of the country than Pranab remaining in charge of Finance, unless Montek gets the MoS [Minister of State] for Finance, and becomes the real FM behind the curtain, with Pranab as the rubber stamp.
Thats my view point and I could be wrong.
Cheers!
SS
In this thread, I propose to write my opinions, comments, expectations and wishful thinking about anything and everything that gets covered and connects to Political and Government
The subject of Psychology starts with the base statement of Individuals differ and therefore, it is quite possible that others may differ. They are free to post their view points.
I would request that jokes and gags, that may be connected to Political and/or Government may please be excused in this thread, because there are other threads for jokes and gags.
**************************************************************************
To start with the newly elected Government and Pranab becoming the FM. He has been FM till late eighties. that is before the Manmohan-Ciddu era.
I found his activities. in a way funny. To reduce a percentage or half [or even 2 or more] of the duty in one case and increase the same elsewhere was his motto. There was no clear-cut direction that could be seen from these decisions. More over, it appeared like favouring the one and punishing the other, for whatever unknown reasons that could have existed.
Pranab has already declared today, that the Budget is expected during the first week of July 09. But there is not going to be any change for Income Tax or possibly also for Customs-Excise rates. It could be only to do with the Finance management, for which, in my opinion, Pranab is NOT the best person available.
By July, the results of the first quarter shall start becoming available. Market shall have some expectations for the interest rates and other related economic matters, which shall prove to be over expectations and markets may come down there after.
What goes up, comes down. But for anything to come down, it needs to be reasonably up, to start with. And thats why, I expect markets to be up in June 09.
I also expect that the UPA Khichdi may break-out. Atleast one member party is expected to move out, prior to the next Budget in Feb 10. And if this happens, then from the Ministries vacated by that party, Pranab shall get moved to one of the Ministries available, Chiddu would like to put his hands once again on Finance, with the Home going to the PM himself.
Alternatively, Chiddu may stay with Home and Manmohan shall take additional charge of Finance.
Either of the two cases, shall be to the benefit of the country than Pranab remaining in charge of Finance, unless Montek gets the MoS [Minister of State] for Finance, and becomes the real FM behind the curtain, with Pranab as the rubber stamp.
Thats my view point and I could be wrong.
Cheers!
SS