this is what debt ridden economy means.If one does not have the cash to pay for a car or house why can't he live in rented apartments and use public transport.. If one has Re 100 he must never spend Rs 1000.This is the reasons why the EMI have increased by 100 %.as this is exactly what is happening now. The theme needs to be contentment and cut down on greed and show off life style that does not belong to you.VijoyOn Wed, Aug 28, 2013 at 7:12 PM, mukta rae <mukta.rae@gmail.com> wrote:
HiI have going through your mails regularly and some of them are really good and hope they are giving you desired results.Here I need to raise a doubt I have in mind regarding RBI and banks . In last 10 years I have watched time to time RBI raising interest rates thereby affecting the EMI payer , the banks are under obligation in utrn to raise the EMI of the borrower, but when the RBI decreases the interest rates there is no compulsion for the banks to decrease the same. The end result is in last 10 years the EMI has increased by 100% and the borrower is endlessly paying to the bank with the number of years of EMI increased and the amount increased. The borrower is literally the tenant of the bank.On Tue, Aug 27, 2013 at 8:09 PM, Venkatraman Ns <nsvenkatchennai@gmail.com> wrote:
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India Against Corruption
CHIDAMBARAM'S SILENCE ON CORRUPTION RIDDEN GOVERNANCE
Replying to the debate in parliament on 27th August , P.Chidambaram blamed several external factors as well as the judiciary's "interference" for the country's economic mess , as if he has no responsibility . He made empty promises like curtailing current account deficit, boosting manufacturing sector etc. without really explaining why he has not done this all these years and how he would do it now which the UPA has not done during its governance.
The real grim fact which he conveniently ignored is the widespread corruption in the governance by UPA government, resulting in siphoning of thousands of crores of rupees by unscrupulous ministers , politicians and bureaucrats and associated business men , which resulted in coal scam , 2G scam, Commonwealth scam etc. etc. Money meant for development projects are now largely in the pockets of unscrupulous people forming part of this government and Finance Minister has nothing to say about this as this will amount to blaming himself.
He indulged in empty rhetoric asking why should we import coal . The country is forced to import coal because of the coal scam of the government. Are we not paying a huge price for the corruption ridden governance led by Manmohan Singh ?
N.S.Venkataraman
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Thursday, August 29, 2013
Re: [IAC#RG] CHIDAMBARAM’S SILENCE ON CORRUPTION RIDDEN GOVERNANCE
mr vijoy
kudoa
you talk like the bank employee. I have a right to own a house and it has nothing to do with greed. Bank employees till the top all enjoy those luxuries which you feel a borrower does not deserve, with whose money
On Thu, Aug 29, 2013 at 7:53 AM, Vijoy Ambasta <vijoy.ambasta@gmail.com> wrote:
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