Credit to Industry Stagnant
February01, 2015 (C) Ravinder Singh ravinderinvent@gmail.com
Even during the last 16 months UPA-II government disbursed
Rs.10,00,000 crores round figure – Rs.46610 b to Rs.56572 b or growth
of 21.4% but in 8 months of NDA or BJP rule Gross Credit Growth is
barely 4.3%.
But even most amazing Credit to All Industries during UPA-II rule
Expanded Rs.20869 b to Rs.25229 b which is 21.9% in 16 months but
since BJP or NDA II rule just 0.9% which doesn’t even cover Inflation.
[Details in pdf]
http://rbidocs.rbi.org.in/rdocs/PressRelease/PDFs/IEPR1376SDBC1214.pdf
Ravinder Singh, Inventor & Consultant, INNOVATIVE TECHNOLOGIES AND PROJECTS
Y-77, Hauz Khas, New Delhi-110016, India. Ph; 091- 9718280435, 9650421857
February01, 2015 (C) Ravinder Singh ravinderinvent@gmail.com
Even during the last 16 months UPA-II government disbursed
Rs.10,00,000 crores round figure – Rs.46610 b to Rs.56572 b or growth
of 21.4% but in 8 months of NDA or BJP rule Gross Credit Growth is
barely 4.3%.
But even most amazing Credit to All Industries during UPA-II rule
Expanded Rs.20869 b to Rs.25229 b which is 21.9% in 16 months but
since BJP or NDA II rule just 0.9% which doesn’t even cover Inflation.
[Details in pdf]
http://rbidocs.rbi.org.in/rdocs/PressRelease/PDFs/IEPR1376SDBC1214.pdf
Ravinder Singh, Inventor & Consultant, INNOVATIVE TECHNOLOGIES AND PROJECTS
Y-77, Hauz Khas, New Delhi-110016, India. Ph; 091- 9718280435, 9650421857
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