PM Narendra Modi's Gold monetisation schemes and release of Ashok Chakra gold coins

My Comment on an article "Gold monetisation scheme & gold coins with Ashok Chakra to be launched on the eve of Diwali: PM Narendra Modi" published in economictimes.com Dated 25/10/2015 at 10:20 pm. 


"Very much pleasing and welcome schemes are being launched by our PM before Dhanteras festival which falls two days prior to Diwali. It is an hectic festival of Gold and Silver purchases.

Gold monetisation is a great scheme for common man who can now deposit his gold articles in banks and earn some income. 

Similarly, Gold bonds are also safer instruments for investment. You need not keep physical gold, but only Gold papers. And earn interest too. 

Regarding printing of gold coins with Ashok chakra, the quantity being considered for bringing into market presently seems inadequate as there can be more prospective buyers of coins on Dhanteras day for using in Lakshmi puja. 
Besides, the denominations of 5 gram and 10 gram coins can not be in the reach of common man. So, government should consider bringing out 1 gram gold coins with Ashok chakra in huge quantities to meet common man's interests." 

A Comment on spiralling prices of yellow pigeon peas and other lentils (toor dal, urad dal)

My Comment on an article "Tur dal touches Rs 200/kg in wholesale; may stay pricey till Diwali" published in the economictimes.com Dated 15/10/2015 at 10:50 pm. 


"Instead of spending so much money on imports, our government should offer the money as incentives to farmers growing pulses. 

We have so much large areas of land fit for cultivation and if we utilise most of it efficiently through proper planning, we can be self sufficient in all food grains and pulses. 

Presently, the production of pulses is a meagre 17 million tonnes whereas the demand is 27 million tonnes. So this gap is utilised as an advantage by hoarders and black marketeers. Naturally, the people will be willing to part more money to buy these essential commodities and prices will keep going up. 

Our governments should do something to keep the production enough by offering incentives to farmers, instead of looking for imports as an option, so that the farmers feel satisfied that their efforts will give fruitful results.

A Comment on Rahul Gandhi's jibe at PM Modi for changing clothes 16 times in US

	Your comment on the article ''He changed clothes 16 times in the US: Rahul's jibe at PM Modi'' is now displayed on timesofindia.com Dated 07/10/2015 at 5:15 pm.
	''So what? He changed clothes to be more smart and attract top leaders as his purpose was to attract them to make in India by elevating the image of our country. It depends upon person to person approach. You should deal with them in their own style to attract and convince them that you are something of worthy to be taken interest. He has been trying to get India noticed by the top countries of world.''
	Thanks for sharing your thoughts.
	Regards,
	Team TOI

A Comment on making PAN must for cash transaction above certain limit

My Comment on an article "Government to soon make PAN must for cash spending beyond a limit" published in the economictimes.com Dated 07/10/2015 at 4:50 pm.


"I hope this will be a better way for tracking transactions more accurately. 

Making PAN mandatory for all cash withdrawals exceeding Rs.20,000 and for each purchase above Rs.50,000 can be a good measurement of authenticity of transactions. 

This will help in preventing unauthorised transactions and use of black money in most cases. Even though, it may not curb all transactions where the hoarders have already much unaccounted cash with them and thereby do not use banks or any registered / recognisable means of trading."

A Comment on rate cuts and economy

My Comment on an article " Market indecisive? Top eight sectors where you can scour for value bets" published in the economictimes.com Dated 01/10/2015


"To speak the truth, there is really no honey in this money play. 

Rate cuts are only elusive when think about the way inflation has been growing each year. The real inflation pictures are not depicted in the charts. 

Our common man can know better what all this means. The growth in income by way of returns for produce or through salaries or wages is nominal when compared to real inflation in cost of living. So the consumer actually receives no benefit as he has to pay always extra from his pockets."

A Comment on RBI cutting the repo rate by 50 base points

MY Comment on an article "RBI provides booster shot to economy, cuts repo rate by 50 basis points" published in the economictimes.com Dated 01/10/2015 at 4:48 pm. 

"The benefits of this rate cut should be passed on to the customers by the intermediary banks and institutions that get facilitated in their transactions from the Central Bank (RBI). 

Then only can there be any of that positive influence on economy."

A Comment on introducing pre-filling of tax forms by Central Board of Direct Taxes

My Comment on an article "Now, your income-tax forms will be pre-filled to ease e-filing" published in the economictimes.com Dated 24/09/2015 at 10:20 pm.


"Good move being taken by our government. The department of Central Board of Direct Taxes (CBDT) is taking many customer friendly steps recently, like implementation of e-filing of returns and automated processing of refunds. Now, this one more step of pre-filling of forms for the benefit of taxpayers.

The forms of taxpayers will get automatic feeds by relying upon previous year's data and also by taking into account the increased incomes that are known through records updated by customers periodically. 

So, at the end of the period, the taxpayer only needs to verify the figures and submit the return. It will ease the work of both the taxpayer and the I.T. departments also."

A Comment on Research about Netaji's mystery

	Your comment on the article ''Netaji mystery: More research needed on Faizabad saint'' is now displayed on timesofindia.com Dated 20/09/2015 at 11:20 am.
	''This mystery is taking very interesting turns and twists. Too much secrecy and precautions are being maintained by the governments and people involved in it. But how far? The truth must come forward one day or another. None of the Indians believe that his death was due to plane crash. They are simply silent as they can not trace out the exact cause of his disappearance. But truth must be known.''
	Thanks for sharing your thoughts.
	Regards,
	Team TOI

A Comment on US Fed keeping rates unchanged

My Comment on an article "US Fed keeping rates unchanged may be helpful for emerging markets: Wilbur Ross, WL Ross & Co" published in the economictimes.com Dated 18/09/2015 at 10:15 pm. 


"May be good for our Indian economy and other developing / economically weaker countries. 

And, as per the observations of Wilbur Ross stated above, the rate increase could have ended up with a much more impact than the actual rate increase that might have initiated by Fed, due to volatile market speculations and expectations of further increases. 

So, it is overall, a good decision taken by the members to not to increase it."

A Comment on recent improvements in Ease of doing Business in India

My Comment on an article "Ease of doing business: Gujarat bags top slot; AP, Jharkhand, Chhattisgarh, MP among first Five" published in the economictimes.com Dated 14/09/2015 at 10 pm.


"Seems there has been much development in easing of doing business now. 

Provisions and facilities for filing all bills, payments and taxes online has eased much tensions of the public. Now, there is no need for waiting in long queues. Every kind of business can be done at the press of keyboard at one's own convenience.

It is glad to see that many states have emerged with more or less better facilities for doing business. Gujarat has developed a lot within a shorter span of time. Andhra Pradesh has also been business friendly since many years."