posted by Rahul Chimanbhai Mehta Rrg

NaMo orders junior Finance Minister Jayant Sinha to supports capital convertibility !!! . Pls post comments on YOUR wall , not here. . Pls google Jayant Sinha , Capital account convertibility . Current account convertibility means anyone in India can import as much goods and services he wants !! . Capital account convertibility means that if anyone in India wants to buy capital assets abroad, such as house , shares etc then Govt will give him dollars for rupees he gives !!! . I have opposed both. IMO, the exporters should be allowed to keep their (dollars they earned via exports - taxes). But govt should NOT provide dollars to anyone for goods, services or capital assets. . But NaMo has ordered Jayant Sinha to isue statements support capital account convertibility. . Mohan Bhagwat has also supported it. And so have ALL NaMk-supporters and RSS-workers . Now if you are claiming that Jayant Sinha isnt under NaMo's control then pls put link to -- NaMo's statement on twitter saying that junior Finance Minister is NOT under NaMo's control. --- on your wall. .

by Rahul Chimanbhai Mehta Rrg



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