The Brave Pedestrian

Before demonetization, Modi Sarkar actually changed the rules to allow black money to be taken out of India and parked abroad. Well-planned structured money laundering was enabled by Modi Sarkar before banning 500 and 1000 denomination currencies. After enabling enormous amounts to be transfered overseas, now Modi is playing anti corruption, anti counterfeit and anti black money drama. Details of Modi's actions over the last two years: 1) One week after Modi's taking office as prime minister on 26 May 2014, RBI Increased the LRS (Liberalized Remitt a nce Scheme) slab to USD 125,000, on Jun 03, 2014. Read this RBI circular: http://bit.ly/2g1zUZN 2) Exactly one year after Modi became PM, LRS slab was further increased to 250,000 USD on 26 May 2015. Read this RBI circular: http://bit.ly/2fLgMQL {How and by whom are funds transferred outside India? Read details here: http://bit.ly/2gpRJqr   Why are funds generally transferred abroad under Liberalized Remittence Sche...

A regular large-scale flow of black money into the property market has raised prices beyond the reach of real flat buyers. This strong flow -- which is coming from some of the biggest players in the economy -- is preventing a price correction that is long overdue. Read these: http://tinyurl.com/builder-politician-nexus1 http://tinyurl.com/builder-politician-nexus2 http://tinyurl.com/builder-politician-nexus3 Like  ·  Comment  ·  Share