BUDGET 2025 AT A GLANCE SOME KEY PROVISIONS SARASIJ MAJUMDER   1.       10,000 additional seats to be inculcated in Medical Institutes in one year; 75,000 additional   medical seats will be created in next 5 years. 2.       100 GW target for Nuclear Power Generation by 2047. 3.       40,000 new houses will be added under Swayam Housing scheme. 4.       50 New Tourists’ destination will be developed by next year . 5.       A Maritime Development Fund with a corpus of ₹ 25,000 crore to be set up, with up to 49 per cent contribution by the Government, and the balance from ports and private sector. 6.       Atal Tinkering Labs (ATL) : 50,000 such labs are to be set up in government schools in 5 years. This is a part of Atal Innovation Mission (AIM). Comment: In my opinion, t...

  VENEZUELAN   EXPERIMENT FREEBIE CULTURE LEADS TO POVERTY SARASIJ MAJUMDER   IMAGE SHARED AT LEFT  IS OF VENEZUELAN PRESIDENT NICOLAS MADURO - A COMMUNIST WHO RUINED HIS COUNTRY’S ECONOMY. Venezuela, home to the world’s one of the world’s largest oil reserves, is a case study in how to ruin a petrostate.   The State’s run to Solvency started in 1920, when Oil was discovered here in large quantity. Soon it became a prosperous PETRO--STATE. PETRO STATE:- Petrostate is a term used to describe a country with several interrelated attributes: Top of Form Bottom of Form government income is deeply reliant on the production and export of oil and natural gas, economic and political power are highly concentrated in an elite minority, and political institutions are weak and unaccountable, and corruption is widespread. Countries often described as petrostates include Algeria, Cameroon, Chad, Ecuador, Indonesia, Iran, Kazakhstan, Li...

  LARRY FINK @ BLACK ROCK THE MOST POWERFUL MAN SARASIJ MAJUMDER Mr. Larry Fink .    He’s a person   most people have never heard of, and that’s entirely as per his choice. While he may not be so well   known publicly,   but he’s the Chairman & CEO of BlackRock,   the Financial Behemoth   which owns the world’s most important and large companies.  The large Sharks  of  the Financial World know him too well, and perhaps, are scared of him too! Larry Fink cofounded BlackRock with seven partners in 1988. Deep State may listen to him more than anybody else. I am scared   to share his image. See it in Google. And I was following this company for quite some time. In nineties, it was a good investment. Now—it is too costly. More than $1,000.00 per share. BlackRock is much more powerful than people may believe. They control and own: Most powerful US Banks (such as Bank of America and Chase Bank). Ma...

  EMERGING INDIA 2035 AN ANALITICAL   FORECAST SARASIJ MAJUMDER If you presently talk of SUPER POWERS, only two   names emerge undisputedly: America and China. They are presently engaged in all kinds of WAR without using ARMS. In this war of Nerves,   Geo influence, and Capital…, South China Sea, and QUAD are major factors. India is involved in both, with USA, against CHINA. Geopolitical rivalry between America and China is nearing its peak.. There is a fierce economic war going on between the two countries . USA wants to retain its position it is used to, after second World War, and fall of British Empire.   China wants to dislodge it. America has not only blocked China's access to advanced semiconductor technology, but has also imposed manifold tariffs on many of its products, so that it cannot have free   sell. USA   wants to keep China entangled in as many places as possible. In 2024, the United States had the largest economy in the world, ...

HINDENBURG RESEARCH--II ANOTHER FALSE FINANCIAL REPORT WEAPONISED FOR: 1.0-BLACK ECONOMIC GAIN   2.0- POLITICAL UNSTABILITY SARASIJ MAJUMDER   Hindenburg Research did it again—but missed the ‘BULL’S EYE’ BY YARDS. I was waiting for the ‘Dust’ to settle down before I take up pen on this. Founder and researcher Nathan Anderson of Hindenberg Research refers to himself as An Activist Short Seller.   You see—there is a ‘Conflict of interest’!! Well known for its financial agenda against INDIA, and also shorting overvalued stocks, initially gained some support from a group of ‘BIASED” people of India under the false pretence  of exposing the Adani Group in early 2023. Many viewed this as financial activism that promotes market transparency. But after some time, it’s real intent was exposed. The Financial Market ignored the ‘REPORT’ and responded accurately, transparently, and honestly. The research firm has now shifted its focus to discrediting SEBI...

  BUDGET SPEECH OF FM-2024 SELECTIVE EXTRACTION-PART:3/3 EXTRACTED BY: SARASIJ MAJUMDER   CONTINUED AFTER PART-2 /3-- CONCLUDED ( IMPORTANT) INDIRECT TAXES I start with GST. It has decreased tax incidence on the common man; reduced compliance burden and logistics cost for trade and industry. My proposals for customs duties intend to support domestic manufacturing, deepen local value addition, promote export competitiveness, and simplify taxation, while keeping the interest of the general public and consumers surmount. To provide relief to cancer patients, I propose to fully exempt three more medicines from customs duties. 120. I also propose changes in the BCD on x-ray tubes & flat panel detectors for use in medical x-ray machines. I now propose to reduce the BCD on mobile phone, mobile PCBA and mobile charger to 15 per cent. I propose to fully exempt CD on 25 critical minerals and reduce BCD on two of them. To support energy transition, I propose to ...

  BUDGET SPEECH OF FM-2024 SELECTIVE EXTRACTION-PART:2 EXTRACTED BY: SARASIJ MAJUMDER CONTINUED AFTER PART-1 Shipping industry: Ownership, leasing and flagging reforms will be implemented. We will set up a Critical Mineral Mission for domestic production, recycling of critical minerals, and overseas acquisition of critical mineral assets. Our government will launch the auction of the first tranche of offshore blocks for mining, building on the exploration already carried out. An Integrated Technology Platform will be set up for improving the outcomes under the Insolvency and Bankruptcy Code (IBC) for achieving   consistency, transparency, timely processing and better oversight for all stakeholders. Voluntary closure of LLPs -- The services of the Centre for Processing Accelerated Corporate Exit (C-PACE) will be extended for voluntary closure of LLPs to reduce the closure time. National Company Law Tribunals 61. The IBC has resolved more than 1,000 companies, ...

  BUDGET SPEECH 2024: FM SELECTED EXTRACTS-PART-1 EXTRACTED BY:SARASIJ MAJUMDER   The global economy, while performing better than expected, is still in the grip of policy uncertainties. In this context, India’s economic growth continues to be the shining exception and will remain so in the years ahead. In the interim budget, we need to focus on 4 major castes, namely ‘Garib’ (Poor), ‘Mahilayen’ (Women), ‘Yuva’ (Youth) and ‘Annadata’ (Farmer). For Annadata, we announced higher Minimum Support Prices a month ago. Administrative actions for approval and implementation of various schemes announced in the interim budget are well underway. The required allocations have been made. In this budget, we particularly focus on employment, skilling, MSMEs, and the middle class. I am happy to announce the Prime Minister’s package of 5 schemes and initiatives to facilitate employment, skilling and other opportunities for 4.1 crore youth over a 5-year period with a central outla...