April 18, 2015
https://www.facebook.com/mehtarahulc/posts/10152725891951922
NaMo orders junior Finance Minister Jayant Sinha to supports capital convertibility !!!
.
Pls post comments on YOUR wall , not here.
.
Pls google Jayant Sinha , Capital account convertibility
.
Current account convertibility means anyone in India can import as much goods and services he wants !!
.
Capital account convertibility means that if anyone in India wants to buy capital assets abroad, such as house , shares etc then Govt will give him dollars for rupees he gives !!!
.
I have opposed both. IMO, the exporters should be allowed to keep their (dollars they earned via exports - taxes). But govt should NOT provide dollars to anyone for goods, services or capital assets.
.
But NaMo has ordered Jayant Sinha to isue statements support capital account convertibility.
.
Mohan Bhagwat has also supported it. And so have ALL NaMk-supporters and RSS-workers
.
Now if you are claiming that Jayant Sinha isnt under NaMo's control then pls put link to -- NaMo's statement on twitter saying that junior Finance Minister is NOT under NaMo's control. --- on your wall.
.
https://www.facebook.com/mehtarahulc/posts/10152725891951922
NaMo orders junior Finance Minister Jayant Sinha to supports capital convertibility !!!
.
Pls post comments on YOUR wall , not here.
.
Pls google Jayant Sinha , Capital account convertibility
.
Current account convertibility means anyone in India can import as much goods and services he wants !!
.
Capital account convertibility means that if anyone in India wants to buy capital assets abroad, such as house , shares etc then Govt will give him dollars for rupees he gives !!!
.
I have opposed both. IMO, the exporters should be allowed to keep their (dollars they earned via exports - taxes). But govt should NOT provide dollars to anyone for goods, services or capital assets.
.
But NaMo has ordered Jayant Sinha to isue statements support capital account convertibility.
.
Mohan Bhagwat has also supported it. And so have ALL NaMk-supporters and RSS-workers
.
Now if you are claiming that Jayant Sinha isnt under NaMo's control then pls put link to -- NaMo's statement on twitter saying that junior Finance Minister is NOT under NaMo's control. --- on your wall.
.
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