SEBI replacing RBI means complete privatization of Indian Economy and mass destruction resultant
Digital India the RSS game changer means complete destruction of green rural agrarian India
It literally means making in India a jointly owned periphery of United States of America and Israel as well. As it would reduce the financial management to Sensex, nifty and IFSC skipping Indian Economy and excluding Indian people.
On the other hand, Digital India the RSS game changer means complete destruction of green rural agrarian India and replacing it with Biometric Robotic India of smart and super smart cities to be inhibited by cloned citizens deprived of citizenship.
Paving the way for creation of India's first International Financial Services Centre in Gujarat's GIFT City, regulator Sebi approved a relaxed set of norms for setting up of stock exchanges and other capital market infrastructure in such centres.
The impact is greater, jor kaa Jhatka Dhire se lage! Ambedkar is responsible for the constitution of neither Reserve Bank of India, but the Bahujan Samaj, the majority demography which in its saffron avatar ensured necessary mandate for second phase of economic ethnic cleansing upgrading the exclusion default, blinded with identity politics packed with passionate self-destruction, would never realise as it has neither interest nor understanding of this economic transition.
But most amusing part of the irony is that those who are believed to understand the finance and economy better than anyone else and those who have to bear the burns most, the officers and employees of Public Sector Banks already selected to be disinvested making them holding companies, seem to be quite unaware as RESEVE BANK OF India is being dismantled as the Planning commission has been.
The signs are more omnipotent as to deepen markets and help raise funds for business and infrastructure projects, Sebi today announced a slew of measures including for listing of municipal bonds and for setting up of a global financial hub within India on the lines of Singapore and Dubai.
It is a perfect cricket world cup carnival in Indian Economics.
Billions of dollars on stake has already doctored the pitches to get the fixed results on which corporate companies around the world have invested to get the vital breakthrough in the greatest Emerging market that our nation is reduced to.
I am not writing on Cricket and I mean the financial management of the nation which has the greatest impact on our day today life.
SEBI replacing RBI means complete privatization of Indian Economy and mass destruction resultant.
Mind you, markets regulator Sebi said as earlier as on 21st March.
The new guidelines for setting up the country’s first International Financial Services Centre (IFSC) in Gujarat’s GIFT City will be put in place this month.
What happened?
Next day after this statement, SEBI declared the norms for IFSC and ARUN Jaitley side-lined Reserve Bank of India.
It literally means making in India a jointly owned periphery of United States of America and Israel as well. As it would reduce the financial management to Sensex, nifty and IFSC skipping Indian Economy and excluding Indian people.
On the other hand, Digital India the RSS game changer means complete destruction of green rural agrarian India and replacing it with Biometric Robotic India of smart and super smart cities to be inhibited by cloned citizens deprived of citizenship.
Just remember, Arun Jaitley, the man selected by the ruling hegemony of Hindu Imperialism aligned with global order, announced that the regulations for setting up International Financial Services Centre (IFSC) in GIFT city in Gujarat will be out in March and almost three weeks after, the board of Securities and Exchange Board of India (Sebi) on Sunday approved the IFSC guidelines, 2015 that allows Indian as well as foreign stock exchanges, clearing corporations and depositories to set up subsidiaries to undertake their business in IFSC.
Under the IFSC guidelines that will regulate financial services relating to securities market in an International Financial Services Centre, Sebi relaxed the shareholding and net worth requirement norms for intermediaries setting up their subsidiaries.
Palash Biswas