WHY FIIs are continuosly selling????

w4wealth · Feb 19, 2016

San8422 said: ↑

That is the reason why Modiji increased the taxes on petrol. He could have passed on all the benefit to consumer and that would have led to a bull run in short term. However Modiji thinks about the long term.

The increase in taxes on petrol/diesel has led to increased revenues which has led to increased infrastructural spending especially road and railways. Also ministers like Suresh Prabhu are practical. They are focusing on completing projects which are 80-90% complete instead of announcing new projects (like railway lines). Also corruption is reduced and efficiency has improved enormously especially in railways due to various reforms. All this has led to fasters project completions leading to further rise in revenues and economic development of the region.

https://indianexpress.com/article/i...ys-complete-a-project-one-week-before-target/

Thus Modijis decision of avoiding natural QE through cheap petrol/diesel is very good. Crude prices will soon rise but the infrastructure built (using taxes on petrol/diesel) will benefit the future generations while high petrol/diesel prices may benefit the environment.

Let us pay some more money for petrol and LPG so that our future generations will have better schools, railways, roads, job opportunity and swatch bharat.

I am proud of having a visionary like Narendra Modi as Prime Minister of my country. If he remain PM for at least 20 years, India will become as developed as Germany/Japan.
Click to expand...

i share your view.
results of modijis efforts will there infront of uswithin 5-10 years.

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WHY FIIs are continuosly selling????

w4wealth Well-Known Member

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