61 rupees per dollar in 2014. Now it’s 82

[veerigadu]

1 minute ago, Sanjiv said:

anthaku mundu 40 unde

Bodi vasthe $1=1 rupeee annaruuu bakth naaa mroddaaaa galluuu. Narikeytaliii okkodiniii

[Vinash]

Oka vela meeru nijanga ardam chesukovali anukunte, koncham research chayendi. Just okadini blame chayalli, ante simple ga aipotadi. Most topics manaki depth lo avarasam undadu, so dani gurinchi kuchoni chadavamu. 

Superficial data points chuusi manalni hairana pedtaru and manam kangaru padtam. 

I'll mention a few points. If you ever want to understand what's actually happening to the economy, give it a go. Forget Modi or MMS, see the data. 

2004-2014:

- The golden age of globalization

- Most of Chinese industrial manufacturing capacity by value is added during this decade. 

- The foundations of tech giants of china were born in this time—because there was cheap internet and wide access of computers/mobiles. 

What's happening in India during this period?

- India got into trade agreements—almost all of which were unfavorable. The eastern countries flooded our markets and killed the companies because of the 'free trade agreements'. Free market is good, but it has to be done with economy in mind. 

- India grew—but along with it came a lot of inflation. Check out the data of the decade. Even wikipedia can show the high inflation rates of the decade. 

- Banking sector's NPA crisis brewed and came to the verge of explosion. 

- India didn't enter the big industry that grew exponentially—Smartphones and wearables, losing hundreds of billions of dollars in value because of inaction. 

In contrast, China exports more than $125 Billion worth smartphones (2021). That's almost half of our IT industry by itself. (2022-2023)

- You can ask your friends in the field of banking and finance about the days after 2008. 

 

Coming to the so-called 80/-, depreciation happens because we have a lot of so-called "Traders" in India who bulk import from China, rebrand it and sell it cheap to customers who are happy with the products. 

This has been happening since almost 2 decades already. The process has destroyed many spheres in our industrial base and made us uncompetitive. 

 Private companies, understandably, took a step of not manufacturing in house and importing. So, our import bill ballooned over the years. The trade deficit only grew and rupee depreciation was a direct consequence. 

I criticize modi for a lot of his decisions—including economic—where BJP hasn't delivered as much as promised. But if we want to really give an F about this issue, then at least study it inside out rather than talk about twitter or media talking points. 

BJP has done a lot of stupid things, but the way they handled the banking crisis was not one of them. Criticize BJP for overpromising regarding strengthening rupee, that's fair. 

But if you want to talk economics, talk full economics. 

[Sanjiv]

9 minutes ago, veerigadu said:

Bodi vasthe $1=1 rupeee annaruuu bakth naaa mroddaaaa galluuu. Narikeytaliii okkodiniii

82 ante manake manchidi ga?

$1 converts to 82 rupees (instead of 60 or 40)

[shaktimaan]

15 minutes ago, veerigadu said:

Mana dhaggara victims ni inkaaa savaaa 10ngutharuuu on the name of poojaluuu anf homamsss. With no guarantee assured

konta mandi ni em cheyyalem

 vaalla educated kids kuda same follow aitaru

guarantee assured ante?

[veerigadu]

13 minutes ago, shaktimaan said:

konta mandi ni em cheyyalem

 vaalla educated kids kuda same follow aitaru

guarantee assured ante?

Tv konte guarantee aduguthammm. For example yevarikainaaa problem untee navagraham doshamm gatraaa ani Faisal 10ngutharuuu. 
 

poojalaaa tharvathaaa result vasthadhiii ani no guarantee. Faisal mathrammm paaayeee. Products meeedhaaa customer care and warranty untadhii consumer ki.
 

Eeelantiii yevvaralalooo no such guarantee. It’s a no investment and no risk business for babasss

[laxmiparvathin]

Only laxmi parvathi gaaru can save

[shaktimaan]

9 minutes ago, veerigadu said:

Tv konte guarantee aduguthammm. For example yevarikainaaa problem untee navagraham doshamm gatraaa ani Faisal 10ngutharuuu. 
 

poojalaaa tharvathaaa result vasthadhiii ani no guarantee. Faisal mathrammm paaayeee. Products meeedhaaa customer care and warranty untadhii consumer ki.
 

Eeelantiii yevvaralalooo no such guarantee. It’s a no investment and no risk business…

adi kaadu anna

nenu adigindi poojalu homaalu laanti vaatlo guarantee ekkadanna unda ani

[kevinUsa]

44 minutes ago, veerigadu said:

Congi galla time lo 2004-2014 time lo percapita gdp of an average Indian rose from around 600$ to 1600$…

Under Bodi it only increased from 1600 to 2200 so far….eee lekkanaaa Congi gallaaa govt was much better as far as per capita gdp of an individual is concerned…bodiii ga

After mms Congress always performed well in GDP numbers 

[bharathicement]

50 minutes ago, veerigadu said:

Thanks ra Bodi. Year ki 2 plus depreciation on an average. 

Jagan family bankrupted in 2004.

And by 2009, he was paying 3,000 Crores Income Tax.

Whom to thank?

[veerigadu]

1 minute ago, shaktimaan said:

adi kaadu anna

nenu adigindi poojalu homaalu laanti vaatlo guarantee ekkadanna unda ani

Ledhu anna. Workout ayitheee baba gari mahimaaa. Fail ayithe mana karma ani public fix ayipoyaruu. They are willing to take that risk with money. Hoping that dongaa baba mahimaaa will help them 

[bharathicement]

47 minutes ago, veerigadu said:

Congi galla time lo 2004-2014 time lo percapita gdp of an average Indian rose from around 600$ to 1600$…

Under Bodi it only increased from 1600 to 2200 so far….eee lekkanaaa Congi gallaaa govt was much better as far as per capita gdp of an individual is concerned…bodiii ga

Mana Yesu gelichindhi aa Bodii gaadi vallane... aaditho sunnam pettukunte 2024 lo 24 seats ke limit seestaaru.

So su-cking Bodii is the only option for Yesu. If he drops the pen!s from his mouth, CBN is ready to grab and su-ck the Pen!s of Bodii

[veerigadu]

1 minute ago, bharathicement said:

Jagan family bankrupted in 2004.

And by 2009, he was paying 3,000 Crores Income Tax.

Whom to thank?

Nuvvu neee yedupuuu. Topic desham economy gurinchii. Nuvvu Jaggad personal wealth gurinchii disco prathi thread lo endhi vayya. Yea, he is a corrupt fellow. Inkemmm confirmation expect sesthunnavvv seppuu. Corrupt gani politicians gurinchi thread vestheee appuduu matladaham Jaggad gurinchii. Right now li888 theesukoo

[Dhed]

When I came it was 38 rupees per dollar dropped from mid 50s I was so happy lot of dollars for Indian money , at that time that Indian money was more valuable 

[veerigadu]

1 minute ago, bharathicement said:

Mana Yesu gelichindhi aa Bodii gaadi vallane... aaditho sunnam pettukunte 2024 lo 24 seats ke limit seestaaru.

So su-cking Bodii is the only option for Yesu. If he drops the pen!s from his mouth, CBN is ready to grab and su-ck the Pen!s of Bodii

Pawala line lo first unnaduu gaaa. He already had it in mouth. Inkaaa Nuvvu apeyyiii idhi topic ki sambandham lebiii yevvarammm

[8pm]

3 hours ago, veerigadu said:

Thanks ra Bodi. Year ki 2 plus depreciation on an average.