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Oil Price Rise Could Boost Indian Inflation .....

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Liked the last paragraph ...... looks like a third world country is more "soclal" than NuLab :D

$6 billion to help 260 million poor people sounds more like tokenism than socialism. It's about £13 per person. The UK, of course, spends vastly more money on vastly fewer poor people.

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$6 billion to help 260 million poor people sounds more like tokenism than socialism. It's about £13 per person. The UK, of course, spends vastly more money on vastly fewer poor people.

The cash-strapped government hopes to raise up to 50 billion rupees ($1.1 billion) from asset sales to help fund a $6 billion spending plan to improve the lives of about 260 million poor, but its plans have been stymied for months largely due to opposition by leftist parties.

It's quite difficult to comment on this as we do not know what these 'assets' are. The sale of assets is IMHO far too often put forward as the solution to all problems a country might have with property. However, what you usually end up with is a state with effectively less fortunes and the continuing responsibility for the poor after the cosmetic measures achieved through spending of the one-time revenues have faded.

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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