- Fragile five to Fastest growing economy - India
- 11th largest to the 5th largest economy - India
- Share of world GDP from 2.43% in 2014 to 3.08% in 2018
- Average GDP 7.3% against 6.7% in previous regime
- Forex reserves from 300 bn USD in 2014 to 420 bn USD in 2018
- Doubling of FDI inflow from 36 bn USD in 2014 to 66 billion USD in 2018
- Inflation less than 2.3 % (Nov 18) against 10.1% in 2014
- Growth of sensex from 24,121.74 in 2014 to 36,395.03 on 12 Feb 19 (50.88%)
- Fiscal deficit under control
- Per capita income increased by 45% from Rs 86,647 in 2014 to Rs 1,25,397
- IT exemption from 2 lakh in 2014 to 5 lakh (effectively 9.85 lakh with home loan)
- Restaurant bills tax reduced from 18% in 2014 to 5%
- Transaction charges through card down from 1% to 0%, domestic money transfer fee down from Rs 5 in 2014 to zero
- Financial inclusion (32 crore bank accounts with 260 billion worth deposits). Almost 100% coverage from earlier 50%
- DBT (savings of 83000 crores @ 15000 crore annually), No of govt schemes DBT applied to increased from 34 in 2014 to 433, 2.7 lakh fake mid-day meal students, 3.3 crore fake LPG connections, 87 lakh fake MNREGA job cards, 3 crore fake ration cards eliminated
- Zero IT for businesses with turnover upto 60 lakhs
- GST exemplifying cooperative federalism, rates of 83 items down from pre-GST rates, out of 1211 items only 35 items in above 18% slab, 39% reduction of cost of basic household items. Average 1 lk crore monthly revenue through GST collection. Exempted for business upto 40 lk
- Insolvency and Bankruptcy Code, constitution of NCLT, 3 lakh crores of NPAs recovered, 66 cases resolved, 260 cases liquidated, resolution of stressed assets, 2100 companies pay back 83000 crore to banks settling their pending loan repayments
- 75 billion $ or Yen to Rupee exchange agreement with Japan
- 1 lakh shell companies deregistered, FCRA licenses of 4800 NGOs cancelled
- Fugitive Economic Offenders Bill, properties of economic fugitives seized and auctioned
- 1.9 lakh km of rural roads. Rural road connectivity at 91% from 55%
- 36 new airports, from 65 in 7 decades to 106, all states now in air connectivity map
- Effective international diplomacy following 59 visits to nations, 38 single, 10 double, 3 triple and 2 quadruple visits by PM.(Seen during Airstrikes,No Country opposed India)
- Benami Act for action against Money Laundering
- Rural sanitation coverage 95 % up from 39% (8.8 crore toilets)
- Solar energy capacity increased 8 fold from 2.63 GW to 22 GW, 19. 8.5 GW of biogas grid installed.
- Ganga waterway transportation, usage by shipping giant Maersk, cost of transportation reduced from 10/ton (road) / Rs 6/ton (rail) to Re 1/ton
- More than 2.4 crore households lit up, rural electricity coverage to households up from 70 to 95%, only 19836 homes remain (in Chhatisgarh) out of 2,48,09,235
- Electricity accessibility rank jump from 99 in 2014 to 26 in 2019
- 7 crore new gas connections to 3.5 crore households u/69000 conections per day, coverage 90% from 55%, 82% return for refill, 42% beneficiaries Dalits
- 14.4 crore mudra loans worth Rs 7 lakh crore disbursed
- 18000 remote villages connected with electricity
- 2.92 lakh km of optical fibre laid, 0.02% to 50% gram Panchayat connectivity
- Swachh bharat mission has saved, according to WHO, 3 lakh lives and will save 1.5 lakh lives per year.
- IT filers increase from 3.79 crore to 6.08 crore, enterprises registered for indirect tax up from 64 lk to 118 lakh
- Entry of India in global regimes Missile Technology Control regime (MTCR), WA (Wassenaar Arrangement) and Australia Group
- 17 crore soil health cards
- 1.5 crore houses built, 91.37 crore in rural areas and 13.5 lakh in urban areas against 25 lakh houses built between 2010-2014. House for all target year is 2022.
- 1,78,346 houses built in NE over existing 2875 houses built till 2014
- Home loan interest rate down from 10.3 % in 2014 to 8.4% in 2018, annual savings of Rs 47,160 for 30 lakhs over 30 years, no GST on affordable housing, 5% on remaining
- Trading agreement in rupee with Iran and UAE
- Common service centres up from 84k to 3 Lakh
- OROP implemented after 43 years, 35000 crores disbursed to 8 crore veterans
- India's vaccination programme Indradhanush amongst 12 best practices of world
- 5035 Jan Aushadhi and - 1054 medicines under price control (60-90% discounts).
- More than 150 Amrit stores, reduction of cost of cromium cobalt Knee implant from 1.58-2.5 lakh to 54,720 and high flex implant from Rs181728 to 56490 (69%), 85% reduction in cardiac stent price to Rs 28000
- 87% reduction in 400 cancer drugs
- Rate of Interest on higher education loans dropped from 14.75 in 2013 to 10.88% in 2019, savings of 1.18 lakh on 10 lakh loan over tenure of 60 months, Rs 2000 savings on EMI
- Data revolution: Cost of 1 GB $0.26 in India against $12.37 in US, $6.66 in UK and $75.2 in Zimbabwe. Unlimited mobile+ 45 Gb data = Rs 150 against Rs 1000 in 2013; annual savings of 10,200
- Katra rail line work completed after 16 years
- Dhola Sadiya bridge work completed after 16 years
- Sardar Sarovar Dam work completed after 15 years
- Aadhaar act
- Pakyong airport completed after 10 years
- Chennai Nashri Tunnel after 10 years
- Assam NRC after 40 years
- National War Memorial after 50 years
- NE cpas after 60 years
- Kollam bypass after 43 years
- Indo-Bangladesh enclaves after 42 years
- Bansagar canal project after 40 years
- Bogibeel bridge after 23 years
- Western peri expressway after 15 years
- Kota Chambal bridge after 11 years
- Maibang-Lumding Stretch completed
- Delhi Meerut Expressway completed
- Ganga Expressway project (world's longest) underway
- Metros in Ahmedabad, Nagpur, Jaipur, Lucknow, Washermenpet
- All umanned level crossings eliminated
- Ayushman Bharat: annual 5 lakh health care to every family, 15.05 lakh hospital admissions for secondary/ tertiary treatment, 2.4 crore e-cards generated as on 10 Mar 19 in 170 days. Target 50 crore people.
- 59minutes loan portal: 92,000 loan applications of MSME amounting to 30,000 crores approved, 6000 crores sanctioned till Nov 18
- 87% of farming house (owning land of 2 hctrs) or 12 cr ppl to get kisaan sammaan nidhi of Rs 6000 pr year. Rs 5215 cr transferred directly to 2.6 crore farmers in 37 days (for households with holding less than 0.01 hectares incm per month so far was Rs 8136 agnst exp of 6594
- 1.5 million electric rickshaws
- Procurement of 36 Rafale on Government to Government Basis avoiding middlemen
- 05 billion$ S 400 Triumf air defence missile system deal with Russia
- 145 M777 howitzer deal
- 22 Apache AH 64E multi-role combat helos
- 200 KA-226T helicopters
- 56 EADS CASA C-295 transport aircraft
- 15 CH 47 Chinook tactical transport helicopters
- 2.3 lakh Bullet proof jackets
- 1.6 lakh Bullet-proof helmets
- 777 mn USD Barak 8 LRSAM contract
- 5 bn USD S-400 air defence systems
- 10 Heron TP armed drones
- 4 additional P8I MR aircraft
- 40 units of Laser sensor border fence installed
- 72,400 Sig Sauer Assault rifles
- 100 self-propelled K9 Vajra howitzers
- 700000 AK-103 Kalashnikov assault rifles indigenous facility
- Surgical strikes in Myanmar, across LoC and in Pakistan. Only Country to bomb a Nuclear Powered Country
- 240 million visitors at Kumbh Mela 2019, cost 4236 crores @ Rs 177 per tourist, revenue 1.2 Lakh crores
- 833 teraflop supercomputer Param Shivay by IIT BHU at Rs 32.5 crores
- Divisional status to Ladakh
- 470 bed ESIC hospital in Ennore
- 100 bed ESIC hospital in Tiruppur
- Namami Gange - Ganga is 30% cleaner, 83 out of 97 ganga towns and 4456 villages achieved ODF status, 08 out of 16 drains emptying 16 crore l sewage into Ganga tapped. Target date Mar 2020
- 5,45,122 ODF villages, 598 ODF districts, 27 ODF states/ villages
- RERA implementation
- Udaan scheme - flight cost down from Rs 5000/1000 km in 2013 to 3400/1000 km in 2018, 34 airports operationalised, small towns connected, all states on aerial
- Preventive conservation of 39275570 folios, curative conservation of 3656863 filios, digitisation of 2.83 lakh manuscripts consisting of 2.93 crore pages
- India is now world's largest 2-wheeler manufacturer, 2nd largest smartphone manufacturer (94% of mobiles sold now made in India), 4th largest automaker, 2nd largest steel producer
- 5100 m Mandvi Bridge in Goa in 3.5 years
- Ease of doing Business ranking jump from 134 in 2014 to 77 in 2019
- Therubali - Singapur Bridge No 588
- Restoration of Asurgarh Fort, Kalahandi
- GeM portal with 731431 product categories, 180,862 registered sellers and 32114 govt buyers
- 10% EWS reservation
- 40% of ongoing 700 NH projects completed, adding 40,039 km between 2014-18 against 91,287 km between 1947-2014
- Highway construction rate jumped from 12 km/day in 2014 to 27 km/day in 2019
- 101 terrorists and 11 offenders extradited
- 90,000 ex-partite Indians evacuated
- Chabahar port, Sittwe port and Duqm port
- Military installation in Seychelles
- International logistics agreements with US, France and Singapore
- Work underway on 25 MLD ZLD Common Effluent Treatment Plant at Gujarat Eco Textile Park and will save 25 million litres of water per day
- Beautification of 65 railway stations, all stations fitted with LED lights, wi-fi, multi-brand food centres, kiosks, executive lounges, lifts (445 from 97 in 2014), escalators (603 from 199 in 2014), travellators and ramps
- Record number of foot over bridges built
- 871 new train services
- 180 new rail lines
- Dedicated railway freight corridor - 2 sections completed
- 100% electrification of railways underway, first solar powered railway station (Guwahati). First solar powered train (world's second), savings of Rs 40 Lakhs and 90,000 ltrs diesel per year
- Make in India semi-high-speed trains - Tejas, Gatiman and Vande Bharat
- Humsafar and Antodaya trains, Deen Dayalu and Anubhuti coaches, UDAY double decker, glass dome Vistadome coaches
- Project Swarn and Project Utkrisht to upgrade Rajdhani/Shatabdi and Mail/Express respectively
- Largest coach production in world at ICF, Chennai
- No more human extreta on railway tracks. Installation of 1.37 lakh out of 2.5 lakh completed in Jun 18.
- 400 wi-fi railway stations (Aug 18)
- 80% reduction in rail accidents
- 10 high speed rail corridors underway, target date 2025-26
- Export of world class customised coaches from MCF, Rae Bareli
- LIC and Air India register profit
- 2300 km rail tracks constructed, speed jumped from 4.1 km/day in 2014 to 6.53 km/day in 2018
- Neem coating of urea
- Gokul mission - record 160 million ton milk production
- Online availability of CBSE and NCERT books
- 10 crore LED bulbs distributed, 5000 crore savings
- Investment in urban infrastructure jumped from 157703 crores to 795500 crores
- Statue of Unity to commemorate Iron Man of India
- Rs 2509 crore sales in Khadi
- 482.36 million digital transactions worth Rs 74,978 crores in Oct 2018 against 0.3 million transactions worth Rs 90 crores in Nov 2016
- 30% increase in ATMs, 208% increase of PoS machines from 10.81 lakh in May 14 to 33.32 lakh in Aug 18, 111% increase in credit cards from 1.94 crore in May 14 to 4.10 crore in Aug 18, 144% increase in debit cards from 40.17 crore to 98.02 crore
- Ease of Doing Business Index 142 (2014) to 100 (2018)
- Ease of getting electricity index 99 (2014) to 26 (2018)
- UN's e-govt index 118 (2014) to 97(2018)
- Globalisation index 112 to 107 (2018)
- Innovation index 76 to 60 (2018)
- Competitiveness index 71 to 39
- Logistics performance index 54 to 35
- Global peace index 141 to 137
- DBR ranking 100 to 77
- India ranks 3rd in global start up ecosystem
- 06 crore jobs in MSME sector based on CII data
- 448 million formal jobs based on EPFO, NPS and PPF data
- 10 crore jobs in entrepreneurship via mudra and other schemes
- 80% increase in tax payers, 51.3 % increase in gross tax revenue
- Black Money report card - Voluntary income declaration scheme (Rs 65250 crore), IT search and survey operations (35,460 crore), Pradhan Mantri Garib Kalyan Yojana(5000 crore), Benami transactions Act (4300 crore), Black Money and Imposition of Tax Act (4100 crore)
160 Rs 6000 financial assiatence for pregnant women
161/1 . Sagarmala: port capacity increase from 8 to 14.7 lakh ton, cargo up from 89 to 116 MMT 8 new national waterways including ganga waterway NW-1 and Brahmaputra waterway NW-2.
161/2. domestic cruise service between Mumbai and Goa, ro-ro services on Ghoga-Dahej reducing travel distance from 294 to 31 km
161/3. New international cruise terminals at Chennai and Goa, railway line between Haridaspur and Paradip underway, LNG import terminal at Kamarajar port, Oil berth ai Jawahar Dweep,Coal berth at Mangalore port
161/4 . deep draft Iron ore berth at Paradip berth, JNPT SEZ, Kandla and Paradip smart industrial port city, largest dry dock and international ship repair facility at CSL, modernisation of 17 fishing harbours
- 800 km Delhi-Mumbai Expressway underway
- Replacement of bio-toilets with upgraded vacuum bio toilets in trains underway. Order for 500 placed on experimental basis.
- No terror strikes in hinterland
- 103 new KVs
- 62 new Navodaya Vidyalayas
- 6 new IITs against 16 in previous 57 years
- 6 new IIMs against 13 in previous 57 years
- 7 IIITs against 7 in previous 57 years
- 02 new IISER
- 12 new AIIMS against 7 in previous 57 years.
- 141 new universities against 30 in previous 57 years
- 01 new NIT
- Life Insurances @ Rs 12 annual and @ Rs 12 monthly premiums
- Atal Pension Yojana
- Pension to 42 crore people of unorganised sector
- Ambedkar memorial
- BHIM application for digital payments
- Khelo India Initiative for tracking of athletes' development, Rs 5 lk per annum scholarship for 1000 budding athletes per year for eight years each; monthly Rs 50000 out-of -pocket exptr, 2000 PETs, salary cap of coaches doubled from Rs 1-2 lk per month, target 15 yrs
- Special Task Force for Olympics
- RERA Act
- Bullet train maiden project
182/1. Rs 6.92 lakh crore Bharatmala project, 44 economic corridors with 9000 km road, 2000 km port connectivity, 9000km roads to connect district HQs with NH,
182/2. 2000 km road with Nepal, Bhutan, Bangladesh and Myanmar, opening up of 185 choke points, road development to char dham, 12 greenfield expressways spanning 1900 km
- 36 murtis retrieved and brought back to India in 2014-2019 under India Pride Project against 02 between 2000-2013, 02 in 90s, 03 in 80s, 01 in 70s and nil in 50s and 60s
- Unemployment rate 3.8% against 13.8 % in 2013
- India is a less-cash society now
- Develpment of Trincomalee and Columbo port while checkmating China's Hambantota by taking operations of near by (15 km away) Mattala Rajapaksha International Airport
- Plugging the 'double taxation avoidance' black money loophole through a new tax agreement with Mauritius
- Deal with Switzerland for automatic tax data sharing from 01 Jan 2019
189/1 Varanasi - Varanasi ring road phase 1 completed, phase 2 underway, inland waterways terminal, Babatpur airport highway, 140 MLD Dinaput STP, facelift to railway station, big cow shelter for stray cattle, BPO centre, piped gas project, Varanasi-Balia rail project,
189/2. Vande Bharat Express, Kashi Vishwanath temple - Ganga Ghat corridor project, renovation of all bathings ghats, LED illuminations of ghats and major roads, underground electricity cabling,
189/3. new sewage plants, 02 cancer treatment facilities, 65th to 29th rank in swachhata sarvekshan (2016), 90% ODF district.
- Creation of 100 Smart cities, 100 crore per year per city for 05 years, 500 acres for retrofitting, 50 acres for redevelopment, 250 acres for green field projects, 10% of energy from renewable resources, 80% of green building construction, special purpose vehicles.
191/1 Development of 500 AMRUT cities underway, urbanization project of rejuvenation and transformation which includes beach front development, prevention of beach erosion, improvement of water supply, replacement of pipelines,
191/2. New sewerage connections, greenery and open spaces, digital and smart facilities, e-governance, LED streetlights, public transport, storm water drainage projects in a phased manner, Target date 2022
- Increase in Child Sex Ratio (CSR) in 104 BBBP (Beti Bachao Beti Padhao) districts, anti-natal care registration in 119 districts and institutional deliveries in 146 out of total 640 districts as in Mar 18. CSR of Haryana increased from 871 to 914.
- International Yoga Day
- Aspirational Districts Programme: 115 'backward' districts placed under 'prabharis' and for competitive development on the basis of 49 performance indicators, target year 2022.
195/1. Make in India: 16.4 lakh crore investment committments, 1.5 lakh crore investment inquiries, 60 bn USD FDI, 26 sectors covered, 23 positions jump in World Bank's Doing Business Report (DBR), 32 places in WEF's Global Competitiveness Index (GCI),
195/2 19 places in Logistics Performance Index, 42 places in Ease of Doing Business index, schemes include Bharatmala, Sagarmala, dedicate freight corridors, industrial corridors, UDAN-RCS, Bharat Broadband Network, Digital India.
- 251 Passport Seva Kendras (PSKs) and Post Office Passport Seva kendras (POPSKs) against 77 till 2014, target of one PSK every 50 km across India.
- Unanimous election of Justice Dalveer Bhandari to ICJ forcing UK to pull out own nominee Christopher Greenwood, demonstrating India's clout in international arena.
- India Post Payments Bank: India's biggest banking outreach with 1.55 lakh post offices (2.5 times banking network) linked to IPPB system
- Philip Kotler award, Seoul Peace prize, Champion of the Earth Award, Grand Collar of the State of Palestine, Amir Abdulla Khan Award, King Abdulaziz Sash award, Amir Amanullah Khan award.
- 1900 gifts and memorabilia received by Modi auctioned and 11.7 crores added to Namami Gange fund, 1.4 c of Seoul Peace award also to Nammami Gange.
New Adds
- Removal of article 370 and thereby also 35a after several decades.
- Giving citizenship to persecuted minorities in Pakistan, Bangladesh and Afghanistan through passing of CAA.
- Trust for creation of Ram Mandir underway.
- Abolishment of Haj subsidy.
- Abolishment and criminalization of instant triple talak.
- Deal with Bodo community.
- Getting Maulana Masood Azhar listed as an UN designated terrorist.
Source - https://www.reddit.com/IndiaRWResources/comments/bgkus6/200_achievements_of_modi_govt/
List more achievements in the comment section and lets make the list bigger, a big thank you to our fallen kar sevak
u/Alive_Firefighter submitted by So here it is, three more days and October begins, which marks one year of trading for me. I figured I would contribute to the forum and share some of my experience, a little about me, and what I've learned so far. Whoever wants to listen, that's great. This might get long so buckle up..
Three years ago, I was visiting Toronto. I don't get out much, but my roommate at the time travels there occasionally. He asked everyone at our place if we wanted to come along for a weekend. My roommate has an uncle that lives there and we didn't have to worry about a hotel because his uncle owns a small house that's unlived in which we could stay at. I was the only one to go with. Anyways, we walk around the city, seeing the sights and whatnot.
My friend says to me "where next?"
"I don't know, you're the tour guide"
"We can go check out Bay Street"
"what's 'Bay Street?'"
"It's like the Canadian Wall street! If you haven't seen it you gotta see it!"
Walking along Bay, I admire all the nice buildings and architecture, everything seems larger than life to me. I love things like that. The huge granite facades with intricate designs and towering pillars to make you think,
How the fuck did they make that? My attention pivots to a man walking on the sidewalk opposite us. His gait stood out among everyone, he walked with such a purpose.. He laughed into the cell phone to his ear. In the elbow-shoving city environment, he moved with a stride that exuded a power which not only commanded respect, but assumed it.
I bet HE can get a text back, hell he's probably got girls waiting on him. This dude was dressed to kill, a navy suit that you could just tell from across the street was way out of my budget, it was a nice fucking suit.
I want that. His life, across the street, seemed a world a way from my own. I've worn a suit maybe
twice in my life. For my first communion, it was too big for me, I was eleven or whatever so who gives a shit, right? I'm positive I looked ridiculous.
The other time? I can't remember.
I want that. I want the suit. I want the
wealth, the
independence. I want the respect and power, and I don't give a shit what anyone thinks about it. Cue self doubt.
Well, He's probably some rich banker's son. That's a world you're born into. I don't know shit about it. \sigh* keep walking..*
A year later, I'm visiting my parents at their house, they live an hour away from my place. My dad is back from Tennessee, his engineering job was laying people off and he got canned... Or he saw the end was near and just left... I don't know, hard to pay attention to the guy honestly because he kind of just drones on and on. (
"Wait, so your mom lives in Michigan, but your dad moved to Tennessee... for a job?" Yea man, I don't fucking know, not going to touch on that one.
) The whole project was a shit show that was doomed to never get done, the way he tells it. And he's obviously jaded from multiple similar experiences at other life-sucking engineer jobs. My mom is a retired nurse practitioner who no longer works because of her illness. I ask him what he's doing for work now and he tells me he trades stocks from home. I didn't even know you could do that. I didn't know "trading" was a thing. I thought you just invest and hope for the best.
"Oh that's cool, how much money do you need to do that?"
"Ehh, most say you need at least $25,000 as a minimum"
"Oh... guess I can't do that..."
Six months later, I get a call and it's my dad. We talk a little about whatever. Off topic, he starts asking if I'm happy doing what I'm doing (I was a painter, commercial and residential) I tell him yes but it's kind of a pain in the ass and I don't see it as a long term thing. Then he gets around to asking if I'd like to come work with him. He basically pitches it to me. I'm not one to be sold on something, I'm always skeptical. So I ask all the questions that any rational person would ask and he just swats them away with reassuring phrases. He was real confident about it. But basically he says for this to work, I have to quit my job and move back home so he can teach me how to trade and be by my side so I don't do anything stupid.
"My Name , you can make so much money." I say that I can't raise the $25,000 because I'm not far above just living paycheck to paycheck. "I can help you out with that." Wow, okay, well... let me think about it.
My "maybe" very soon turned into a "definitely." So over the next six months, I continue to work my day job painting, and I try to save up what I could for the transition (it wasn't a whole lot, I sucked at saving. I was great at spending though!). My dad gives me a book on day trading (which I will mention later) and I teach myself what I can about the stock market using Investopedia. Also in the meantime, my dad sends me encouraging emails. He tells me to think of an annual income I would like to make as a trader, and used "more than $100,000 but less than a million" as a guideline. He tells me about stocks that he traded that day or just ones that moved and describes the basic price action and the prices to buy and sell at. Basically saying "if you bought X amount of shares here and sold it at X price here, you could make a quick 500 bucks!" I then use a trading sim to trade those symbols and try to emulate what he says. Piece of cake. ;)
Wow, that's way more than what I make in a day. He tells me not to tell anyone about my trading because most people just think it's gambling. "
Don't tell your Mom either." He says most people who try this fail because they don't know how to stop out and take a loss. He talks about how every day he was in a popular chatroom, some noob would say something like, "Hey guys, I bought at X price (high of day or thereabout), my account is down 80% .. uhh I'm waiting for it to come back to my entry price.. what do I do??"
Well shit, I'm not that fucking dumb. If that's all it takes to make it is to buy low, sell high, and always respect a stop then I'll be fantastic. By the end of September, I was very determined. I had been looking forward everyday to quitting my painting job because while it used to be something I loved, it was just sucking the life out of me at this point. Especially working commercial, you just get worked like a dog. I wasn't living up to my potential with that job and I felt awful for it every minute of every day. I knew that I needed a job where I could use my brain instead of slaving my body to fulfill someone else's dream.
"Someone's gotta put gas in the boss's boat" That's a line my buddy once said that he probably doesn't know sticks with me to this day.
It ain't me. So now it was October 2018, and I'm back living with Mom n' Pops. I was so determined that on my last day of work I gave away all of my painting tools to my buddy like, "here, I don't need this shit." Moving out of my rental was easy because I don't own much, 'can't take it with ya.' Excited for the future I now spend my days bundled up in winter wear in the cold air of our hoarder-like basement with a space heater at my feet. My laptop connected to a TV monitor, I'm looking at stocks next to my dad and his screens in his cluttered corner. Our
Trading Dungeon. I don't trade any money, (I wasn't aware of any real-time sim programs) I just watch and learn from my dad. Now you've got to keep in mind, and look at a chart of the S&P, this is right at the beginning of Oct '18, I came in right at the market top. Right at the start of the shit-show. For the next three or four weeks, I watch my dad pretty much scratch on every trade, taking small loss after small loss, and cursing under his breath at the screen.
Click.
"
dammit." Click. "shit." Click. Click. "you fuck." Click.
This gets really fucking annoying as time goes on, for weeks, and I get this attitude like
ugh, just let me do it. I'll make us some fucking money. So I convince him to let me start trading live. I didn't know anything about brokers so I set up an account using his broker, which was Fidelity. It was a pain and I had to jump through a lot of hoops to be able to day trade with this broker. I actually had to make a joint account with my dad as I couldn't get approved for margin because my credit score is shit (never owned a credit card) and my net worth, not much. Anyways, they straight up discourage day trading and I get all kinds of warning messages with big red letters that made me shit myself like
oooaaahhh what the fuck did I do now. Did I forget to close a position?? Did I fat finger an order? Am I now in debt for thousands of dollars to Fidelity?? They're going to come after me like they came after Madoff. Even after you are approved for PDT you still get these warning messages in your account. Some would say if I didn't comply with "whatever rule" they'd even suspend my account for 60 days. It was ridiculous, hard to describe because it doesn't make sense, and it took the support guy on the phone a good 20 minutes to explain it to me. Basically I got the answer "yea it's all good, you did nothing wrong. As long as you have the cash in your account to cover whatever the trade balance was" So I just kept getting these warnings that I had to ignore everyday. I hate Fidelity.
My fist day trading, I made a few so-so trades and then I got impatient. I saw YECO breaking out and I chased, soon realized I chased, so I got out. -$500.
Shit, I have to make that back, I don't want my dad to see this. Got back in.
Shit. -$400. So my first day trading, I lost $900. My dumbass was using market orders so that sure didn't help. I reeled the risk back and traded more proper position size for a while, but the commissions for a round trip are $10, so taking six trades per day, I'm losing $60 at a minimum on top of my losing trades. Quickly I realized I didn't know what the hell I was doing.
What about my dad? Does HE know? One day, in the trading dungeon, I was frustrated with the experience I'd been having and just feeling lost overall. I asked him.
"So, are you consistently profitable?"
"mmm... I do alright."
"Yea but like, are you consistently profitable over time?"
.........................
"I do alright."
Silence. "Do you
know any consistently profitable traders?"
"Well the one who wrote that book I gave you, Tina Turner.. umm and there's Ross Cameron"
......................
"So you don't know any consistently profitable traders, personally.. People who are not trying to sell you something?"
"no."
...................
Holy fucking shit, what did this idiot get me into. He can't even say it to my face and admit it. This entire life decision, quitting my job, leaving my rental, moving from my city to back home, giving shit away, it all relied on that. I was supposed to be an apprentice to a
consistently profitable day trader who trades for a living. It was so assumed, that I never even thought to ask! Why would you tell your son to quit his job for something that you yourself cannot do?
Is this all a scam? Did my dad get sold a DREAM? Did I buy into some kind of ponzi scheme? How many of those winning trades he showed me did he actually take? Are there ANY consistently profitable DAY TRADERS who TRADE FOR A LIVING? Why do 90% fail? Is it because the other 10% are scamming the rest in some way? Completely lost, I just had no clue what was what. If I was going to succeed at this, if it was even
possible to succeed at this, it was entirely up to me. I had to figure it out. I still remember the feeling like an overwhelming, crushing weight on me as it all sunk in.
This is going to be a big deal.. I'm not the type to give up though. In that moment, I said to myself,
I'm going to fucking win at this. I don't know if this is possible, but I'm going to find out. I cannot say with certainty that I will succeed, but no matter what, I will not give up. I'm going to give all of myself to this. I will find the truth. It was a deep moment for me. I don't like getting on my soapbox, but when I said those things, I meant it.
I really, really meant it. I still do, and I still will. Now it might seem like I'm being hard on my dad. He has done a lot for me and I am very grateful for that. We're sarcastic as hell to each other, I love the bastard. Hell, I wouldn't have the opportunity to trade at all if not for him. But maybe you can also understand how overwhelmed I felt at that time. Not on purpose, of course he means well. But I am not a trusting person at all and I was willing to put trust into him after all the convincing and was very disappointed when I witnessed the reality of the situation. I would have structured this transition to trading differently,
you don't just quit your job and start trading. Nobody was there to tell me that! I was told quite the opposite. I'm glad it happened anyway, so fuck it. I heard Kevin O'Leary once say,
"If I knew in the beginning how difficult starting a business was, I don't know that I ever would've started." This applies very much to my experience.
So what did I do? Well like everyone I read and read and Googled and Youtube'd my ass off. I sure as hell didn't pay for a course because I didn't have the money and I'm like 99% sure I would be disappointed by whatever they were teaching as pretty much everything can be found online or in books for cheap or free. Also I discovered Thinkorswim and I used that to sim trade in real-time for three months. This is way the hell different than going on a sim at 5x speed and just clicking a few buy and sell buttons. Lol, useless. When you sim trade in real-time you're forced to have a routine, and you're forced to experience missing trades with no chance to rewind or skip the boring parts. That's a step up because you're "in it". I also traded real money too, made some, lost more than I made. went back to sim. Traded live again, made some but lost more, fell back to PDT. Dad fronted me more cash. This has happened a few times. He's dug me out of some holes because he believes in me. I'm fortunate.
Oh yeah, about that book my dad gave me. It's called A Beginner's Guide to Day Trading Online by Toni Turner. This book... is shit. This was supposed to be my framework for how to trade and I swear it's like literally nothing in this book fucking works lol. I could tell this pretty early on, intuitively, just by looking at charts. It's basically a buy-the-breakout type strategy, if you want to call it a strategy. No real methodology to anything just vague crap and showing you cherry-picked charts with entries that are way too late. With experience in the markets you will eventually come to find that MOST BREAKOUTS FAIL. It talks about support/resistance lines and describes them as, "picture throwing a ball down at the floor, it bounces up and then it bounces down off the ceiling, then back up." So many asinine assumptions. These ideas are a text book way of how to trade like dumb money. Don't get me wrong, these trades can work but you need to be able to identify the setups which are more probable and identify reasons not to take others. So I basically had to un-learn all that shit.
Present day, I have a routine in place. I'm out of the dungeon and trade by myself in my room. I trade with a discount broker that is catered to day traders and doesn't rape me on commissions. My mornings have a framework for analyzing the news and economic events of the particular day, I journal so that I can recognize what I'm doing right and where I need to improve. I record my screens for later review to improve my tape reading skills. I am actually tracking my trades now and doing backtesting in equities as well as forex. I'm not a fast reader but I do read a lot, as much as I can. So far I have read about 17-18 books on trading and psychology. I've definitely got a lot more skilled at trading.
As of yet I am not net profitable. Writing that sounds like selling myself short though, honestly. Because a lot of my trades are very good and are executed well. I have talent. However, lesser quality trades and trades which are inappropriately sized/ attempted too many times bring down that P/L. I'm not the type of trader to ignore a stop, I'm more the trader that just widdles their account down with small losses. I trade live because at this point, sim has lost its value, live trading is the ultimate teacher. So I do trade live but I just don't go big like I did before, I keep it small.
I could show you trades that I did great on and make people think I'm killing it but I really just don't need the validation. I don't care, I'm real about it. I just want to get better. I don't need people to think I'm a genius, I'm just trying to make some money.
Psychologically, to be honest with you, I currently feel beaten down and exhausted. I put a lot of energy into this, and sometimes I work myself physically sick, it's happened multiple times. About once a week, usually Saturday, I get a headache that lasts all day. My body's stress rebound mechanism you might call it. Getting over one of those sick periods now, which is why I barely even traded this week. I know I missed a lot of volatility this week and some A+ setups but I really just don't give a shit lol. I just currently don't have the mental capital, I think anyone who's been day trading every day for a year or more can understand what I mean by that. I'm still being productive though. Again, I'm not here to present an image of some badass trader, just keeping it real. To give something 100% day after day while receiving so much resistance, it takes a toll on you. So a break is necessary to avoid making bad trading decisions. That being said, I'm progressing more and more and eliminating those lesser quality trades and identifying my bad habits. I take steps to control those habits and strengthen my good habits such as having a solid routine, doing review and market research, taking profits at the right times, etc.
So maybe I can give some advice to some that are new to day trading, those who are feeling lost, or just in general thinking
"...What the fuck..." I thought that every night for the first 6 months lol.
First of all,
manage expectations. If you read my story of how I came to be a trader, you can see I had a false impression of trading in many aspects. Give yourself a realistic time horizon to how progress should be made. Do not set a monetary goal for yourself, or any time-based goal that is measured in your P/L. If you tell yourself, "
I want to make X per day, X per week, or X per year" you're setting yourself up to feel like shit every single day when it's clear as the blue sky that you won't reach that goal anytime soon. As a matter of fact, it will appear you are moving further AWAY from that goal if you just focus on your P/L, which brings me to my next point.
You will lose money. In the beginning, most likely, you will lose money. I did it, you'll do it, the greatest Paul Tudor Jones did it. Trading is a skill that needs to be developed, and it is a process. Just look at it as paying your tuition to the market. Sim is fine but don't assume you have acquired this skill until you are adept at trading real money. So when you do make that leap, just trade small.
Just survive. Trade small. get the experience. Protect your capital. To reach break even on your bottom line is a huge accomplishment.
In many ways, experience and screen time are the secret sauce. Have a routine. This is very important. I actually will probably make a more in-depth post in the future about this if people want it. When I first started, I was overwhelmed with the feeling
"What the fuck am I supposed to DO?" I felt lost. There's no boss to tell you how to be productive or how to find the right stocks, which is mostly a blessing, but a curse for new traders.
All that shit you see, don't believe all that bullshit. You know what I'm talking about. The bragposting, the clickbait Youtube videos, the ads preying on you. "I made X amount of money in a day and I'm fucking 19 lolz look at my Lamborghini" It's all a gimmick to sell you the dream. It's designed to poke right at your insecurities, that's marketing at it's finest. As for the bragposting on forums honestly, who cares. And I'm not pointing fingers on this forum, just any trading forum in general. They are never adding anything of value to the community in their posts. They never say
this is how I did it. No, they just want you to think they're a genius. I can show you my $900 day trading the shit out of TSLA, but that doesn't tell the whole story. Gamblers never show you when they lose, you might never hear from those guys again because behind the scenes, they over-leveraged themselves and blew up.
Some may actually be consistently profitable and the trades are 100% legit. That's fantastic. But again, I don't care, and you shouldn't either. You shouldn't compare yourself to others.
"Everyone's a genius in a bull market" Here's the thing.. Markets change. Edges disappear. Trading strategies were made by traders who traded during times when everything they did worked.
Buy all the breakouts? Sure! It's the fucking tech bubble! Everything works! I'm sure all those typical setups used to work fantastically at some point in time. But the more people realize them, the less effective they are.
SOMEONE has to be losing money on the opposite side of a winning trade, and who's willing to do that when the trade is so obvious? That being said, some things are obvious AND still work. Technical analysis works... sometimes. The caveat to that is, filters. You need to, in some way, filter out certain setups from others. For example, you could say, "I won't take a wedge pattern setup on an intraday chart unless it is in a higher time frame uptrend, without nearby resistance, and trading above average volume with news on that day."
Have a plan. If you can't describe your plan, you don't have one. Think in probabilities. You should think entirely in "if, then" scenarios.
If X has happens, then Y will probably happen. "If BABA breaks this premarket support level on the open I will look for a pop up to short into." Backtest. Most traders lose mainly because they think they have an edge but they don't. You read these books and all this stuff online telling you "this is a high probability setup" but do you know that for a fact? There's different ways to backtest, but I think the best way for a beginner is manual backtesting with a chart and an excel sheet. This builds up that screen time and pattern recognition faster.
This video shows how to do that. Once I
saw someone do it, it didn't seem so boring and awful as I thought it was.
Intelligence is not enough. You're smarter than most people, that's great, but that alone is not enough to make you money in trading necessarily. Brilliant people try and fail at this all the time, lawyers, doctors, surgeons, engineers.. Why do they fail if they're so smart?
It's all a fucking scam. No, a number of reasons, but the biggest is
discipline and
emotional intelligence. Journal every day. K no thanks, bro. That's fucking gay. That's how I felt when I heard this advice but really that is pride and laziness talking. This is the process you need to do to learn what works for you and what doesn't. Review the trades you took, what your plan was, what actually happened, how you executed. Identify what you did well and what you can work on. This is how you develop
discipline and
emotional intelligence, by monitoring yourself. How you feel physically and mentally, and how these states affect your decision-making.
Always be learning. Read as much as you can. Good quality books. Here's the best I've read so far;
Market Wizards -Jack Schwager
One Good Trade -Mike Bellafiore
The Daily Trading Coach -Bret Steenbarger
Psycho-cybernetics -Maxwell Maltz
Why You Win or Lose -Fred Kelly
The Art and Science of Technical Analysis -Adam Grimes
Dark Pools -Scott Patterson
Be nimble. Everyday I do my research on the symbols I'm trading and the fundamental news that's driving them. I might be trading a large cap that's gapping up with a beat on EPS and revenue and positive guidance. But if I see that stock pop up and fail miserably on the open amidst huge selling pressure, and I look and see the broader market tanking, guess what, I'm getting short, and that's just day trading.
The movement of the market, on an intraday timeframe, doesn't have to make logical sense. Adapt. In March I used to be able to buy a breakout on a symbol and swing it for the majority of the day. In the summer I was basically scalping on the open and being done for the day. Volatility changes, and so do my profit targets.
Be accountable. Be humble. Be honest. I take 100% responsibility for every dime I've lost or made in the market. It's not the market makers fault, it wasn't the HFTs,
I pressed the button. I know my bad habits and I know my good habits.. my strengths/ my weaknesses.
Protect yourself from toxicity. Stay away from traders and people on forums who just have that negative mindset. That "can't be done" mentality.
Day trading is a scam!! It can certainly be done.
Prove it, you bastard. I'm posting to this particular forum because I don't see much of that here and apparently the mods to a good job of not tolerating it. As the mod wrote in the rules, they're most likely raging from a loss. Also, the Stocktwits mentality of "AAPL is going to TANK on the open! $180, here we come. $$$" , or the grandiose stories, "I just
knew AMZN was going to go up on earnings.
I could feel it. I went ALL IN. Options money, baby! ka-ching!$" Lol, that is so toxic to a new trader. Get away from that.
How will you be able to remain nimble when this is your thought process? Be good to yourself. Stop beating yourself up. You're an entrepreneur. You're
boldly going where no man has gone before. You've got balls.
Acknowledge your mistakes, don't identify with them. Y
ou are not your mistakes and you are not your bad habits. These are only
things that you do, and you can take action necessary to
do them less. It doesn't matter what people think. Maybe they think you're a fool, a gambler. You don't need their approval. You don't need to talk to your co-workers and friends about it to satisfy some subconscious plea for guidance;
is this a good idea? You don't need anyone's permission to become the person you want to be. They don't believe in you? Fuck 'em.
I believe in you. submitted by - Fragile five to Fastest growing economy - India
- 11th largest to the 5th largest economy - India
- Share of world GDP from 2.43% in 2014 to 3.08% in 2018
- Average GDP 7.3% against 6.7% in previous regime
- Forex reserves from 300 bn USD in 2014 to 420 bn USD in 2018
- Doubling of FDI inflow from 36 bn USD in 2014 to 66 billion USD in 2018
- Inflation less than 2.3 % (Nov 18) against 10.1% in 2014
- Growth of sensex from 24,121.74 in 2014 to 36,395.03 on 12 Feb 19 (50.88%)
- Fiscal deficit under control
- Per capita income increased by 45% from Rs 86,647 in 2014 to Rs 1,25,397
- IT exemption from 2 lakh in 2014 to 5 lakh (effectively 9.85 lakh with home loan)
- Restaurant bills tax reduced from 18% in 2014 to 5%
- Transaction charges through card down from 1% to 0%, domestic money transfer fee down from Rs 5 in 2014 to zero
- Financial inclusion (32 crore bank accounts with 260 billion worth deposits). Almost 100% coverage from earlier 50%
- DBT (savings of 83000 crores @ 15000 crore annually), No of govt schemes DBT applied to increased from 34 in 2014 to 433, 2.7 lakh fake mid-day meal students, 3.3 crore fake LPG connections, 87 lakh fake MNREGA job cards, 3 crore fake ration cards eliminated
- Zero IT for businesses with turnover upto 60 lakhs
- GST exemplifying cooperative federalism, rates of 83 items down from pre-GST rates, out of 1211 items only 35 items in above 18% slab, 39% reduction of cost of basic household items. Average 1 lk crore monthly revenue through GST collection. Exempted for business upto 40 lk
- Insolvency and Bankruptcy Code, constitution of NCLT, 3 lakh crores of NPAs recovered, 66 cases resolved, 260 cases liquidated, resolution of stressed assets, 2100 companies pay back 83000 crore to banks settling their pending loan repayments
- 75 billion $ or Yen to Rupee exchange agreement with Japan
- 1 lakh shell companies deregistered, FCRA licenses of 4800 NGOs cancelled
- Fugitive Economic Offenders Bill, properties of economic fugitives seized and auctioned
- 1.9 lakh km of rural roads. Rural road connectivity at 91% from 55%
- 36 new airports, from 65 in 7 decades to 106, all states now in air connectivity map
- Effective international diplomacy following 59 visits to nations, 38 single, 10 double, 3 triple and 2 quadruple visits by PM.(Seen during Airstrikes,No Country opposed India)
- Benami Act for action against Money Laundering
- Rural sanitation coverage 95 % up from 39% (8.8 crore toilets)
- Solar energy capacity increased 8 fold from 2.63 GW to 22 GW, 19. 8.5 GW of biogas grid installed.
- Ganga waterway transportation, usage by shipping giant Maersk, cost of transportation reduced from 10/ton (road) / Rs 6/ton (rail) to Re 1/ton
- More than 2.4 crore households lit up, rural electricity coverage to households up from 70 to 95%, only 19836 homes remain (in Chhatisgarh) out of 2,48,09,235
- Electricity accessibility rank jump from 99 in 2014 to 26 in 2019
- 7 crore new gas connections to 3.5 crore households @69000 conections per day, coverage 90% from 55%, 82% return for refill, 42% beneficiaries Dalits
- 14.4 crore mudra loans worth Rs 7 lakh crore disbursed
- 18000 remote villages connected with electricity
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- Swachh bharat mission has saved, according to WHO, 3 lakh lives and will save 1.5 lakh lives per year.
- IT filers increase from 3.79 crore to 6.08 crore, enterprises registered for indirect tax up from 64 lk to 118 lakh
- Entry of India in global regimes Missile Technology Control regime (MTCR), WA (Wassenaar Arrangement) and Australia Group
- 17 crore soil health cards
- 1.5 crore houses built, 91.37 crore in rural areas and 13.5 lakh in urban areas against 25 lakh houses built between 2010-2014. House for all target year is 2022.
- 1,78,346 houses built in NE over existing 2875 houses built till 2014
- Home loan interest rate down from 10.3 % in 2014 to 8.4% in 2018, annual savings of Rs 47,160 for 30 lakhs over 30 years, no GST on affordable housing, 5% on remaining
- Trading agreement in rupee with Iran and UAE
- Common service centres up from 84k to 3 Lakh
- OROP implemented after 43 years, 35000 crores disbursed to 8 crore veterans
- India's vaccination programme Indradhanush amongst 12 best practices of world
- 5035 Jan Aushadhi and - 1054 medicines under price control (60-90% discounts).
- More than 150 Amrit stores, reduction of cost of cromium cobalt Knee implant from 1.58-2.5 lakh to 54,720 and high flex implant from Rs181728 to 56490 (69%), 85% reduction in cardiac stent price to Rs 28000
- 87% reduction in 400 cancer drugs
- Rate of Interest on higher education loans dropped from 14.75 in 2013 to 10.88% in 2019, savings of 1.18 lakh on 10 lakh loan over tenure of 60 months, Rs 2000 savings on EMI
- Data revolution: Cost of 1 GB $0.26 in India against $12.37 in US, $6.66 in UK and $75.2 in Zimbabwe. Unlimited mobile+ 45 Gb data = Rs 150 against Rs 1000 in 2013; annual savings of 10,200
- Katra rail line work completed after 16 years
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- Aadhaar act
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- Bansagar canal project after 40 years
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- Maibang-Lumding Stretch completed
- Delhi Meerut Expressway completed
- Ganga Expressway project (world's longest) underway
- Metros in Ahmedabad, Nagpur, Jaipur, Lucknow, Washermenpet
- All umanned level crossings eliminated
- Ayushman Bharat: annual 5 lakh health care to every family, 15.05 lakh hospital admissions for secondary/ tertiary treatment, 2.4 crore e-cards generated as on 10 Mar 19 in 170 days. Target 50 crore people.
- 59minutes loan portal: 92,000 loan applications of MSME amounting to 30,000 crores approved, 6000 crores sanctioned till Nov 18
- 87% of farming house (owning land of 2 hctrs) or 12 cr ppl to get kisaan sammaan nidhi of Rs 6000 pr year. Rs 5215 cr transferred directly to 2.6 crore farmers in 37 days (for households with holding less than 0.01 hectares incm per month so far was Rs 8136 agnst exp of 6594
- 1.5 million electric rickshaws
- Procurement of 36 Rafale on Government to Government Basis avoiding middlemen
- 05 billion$ S 400 Triumf air defence missile system deal with Russia
- 145 M777 howitzer deal
- 22 Apache AH 64E multi-role combat helos
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- 2.3 lakh Bullet proof jackets
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- 4 additional P8I MR aircraft
- 40 units of Laser sensor border fence installed
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- 700000 AK-103 Kalashnikov assault rifles indigenous facility
- Surgical strikes in Myanmar, across LoC and in Pakistan. Only Country to bomb a Nuclear Powered Country
- 240 million visitors at Kumbh Mela 2019, cost 4236 crores @ Rs 177 per tourist, revenue 1.2 Lakh crores
- 833 teraflop supercomputer Param Shivay by IIT BHU at Rs 32.5 crores
- Divisional status to Ladakh
- 470 bed ESIC hospital in Ennore
- 100 bed ESIC hospital in Tiruppur
- Namami Gange - Ganga is 30% cleaner, 83 out of 97 ganga towns and 4456 villages achieved ODF status, 08 out of 16 drains emptying 16 crore l sewage into Ganga tapped. Target date Mar 2020
- 5,45,122 ODF villages, 598 ODF districts, 27 ODF states/ villages
- RERA implementation
- Udaan scheme - flight cost down from Rs 5000/1000 km in 2013 to 3400/1000 km in 2018, 34 airports operationalised, small towns connected, all states on aerial
- Preventive conservation of 39275570 folios, curative conservation of 3656863 filios, digitisation of 2.83 lakh manuscripts consisting of 2.93 crore pages
- India is now world's largest 2-wheeler manufacturer, 2nd largest smartphone manufacturer (94% of mobiles sold now made in India), 4th largest automaker, 2nd largest steel producer
- 5100 m Mandvi Bridge in Goa in 3.5 years
- Ease of doing Business ranking jump from 134 in 2014 to 77 in 2019
- Therubali - Singapur Bridge No 588
- Restoration of Asurgarh Fort, Kalahandi
- GeM portal with 731431 product categories, 180,862 registered sellers and 32114 govt buyers
- 10% EWS reservation
- 40% of ongoing 700 NH projects completed, adding 40,039 km between 2014-18 against 91,287 km between 1947-2014
- Highway construction rate jumped from 12 km/day in 2014 to 27 km/day in 2019
- 101 terrorists and 11 offenders extradited
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- Chabahar port, Sittwe port and Duqm port
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- International logistics agreements with US, France and Singapore
- Work underway on 25 MLD ZLD Common Effluent Treatment Plant at Gujarat Eco Textile Park and will save 25 million litres of water per day
- Beautification of 65 railway stations, all stations fitted with LED lights, wi-fi, multi-brand food centres, kiosks, executive lounges, lifts (445 from 97 in 2014), escalators (603 from 199 in 2014), travellators and ramps
- Record number of foot over bridges built
- 871 new train services
- 180 new rail lines
- Dedicated railway freight corridor - 2 sections completed
- 100% electrification of railways underway, first solar powered railway station (Guwahati). First solar powered train (world's second), savings of Rs 40 Lakhs and 90,000 ltrs diesel per year
- Make in India semi-high-speed trains - Tejas, Gatiman and Vande Bharat
- Humsafar and Antodaya trains, Deen Dayalu and Anubhuti coaches, UDAY double decker, glass dome Vistadome coaches
- Project Swarn and Project Utkrisht to upgrade Rajdhani/Shatabdi and Mail/Express respectively
- Largest coach production in world at ICF, Chennai
- No more human extreta on railway tracks. Installation of 1.37 lakh out of 2.5 lakh completed in Jun 18.
- 400 wi-fi railway stations (Aug 18)
- 80% reduction in rail accidents
- 10 high speed rail corridors underway, target date 2025-26
- Export of world class customised coaches from MCF, Rae Bareli
- LIC and Air India register profit
- 2300 km rail tracks constructed, speed jumped from 4.1 km/day in 2014 to 6.53 km/day in 2018
- Neem coating of urea
- Gokul mission - record 160 million ton milk production
- Online availability of CBSE and NCERT books
- 10 crore LED bulbs distributed, 5000 crore savings
- Investment in urban infrastructure jumped from 157703 crores to 795500 crores
- Statue of Unity to commemorate Iron Man of India
- Rs 2509 crore sales in Khadi
- 482.36 million digital transactions worth Rs 74,978 crores in Oct 2018 against 0.3 million transactions worth Rs 90 crores in Nov 2016
- 30% increase in ATMs, 208% increase of PoS machines from 10.81 lakh in May 14 to 33.32 lakh in Aug 18, 111% increase in credit cards from 1.94 crore in May 14 to 4.10 crore in Aug 18, 144% increase in debit cards from 40.17 crore to 98.02 crore
- Ease of Doing Business Index 142 (2014) to 100 (2018)
- Ease of getting electricity index 99 (2014) to 26 (2018)
- UN's e-govt index 118 (2014) to 97(2018)
- Globalisation index 112 to 107 (2018)
- Innovation index 76 to 60 (2018)
- Competitiveness index 71 to 39
- Logistics performance index 54 to 35
- Global peace index 141 to 137
- DBR ranking 100 to 77
- India ranks 3rd in global start up ecosystem
- 06 crore jobs in MSME sector based on CII data
- 448 million formal jobs based on EPFO, NPS and PPF data
- 10 crore jobs in entrepreneurship via mudra and other schemes
- 80% increase in tax payers, 51.3 % increase in gross tax revenue
- Black Money report card - Voluntary income declaration scheme (Rs 65250 crore), IT search and survey operations (35,460 crore), Pradhan Mantri Garib Kalyan Yojana(5000 crore), Benami transactions Act (4300 crore), Black Money and Imposition of Tax Act (4100 crore)
160 Rs 6000 financial assiatence for pregnant women
161/1 . Sagarmala: port capacity increase from 8 to 14.7 lakh ton, cargo up from 89 to 116 MMT 8 new national waterways including ganga waterway NW-1 and Brahmaputra waterway NW-2.
161/2. domestic cruise service between Mumbai and Goa, ro-ro services on Ghoga-Dahej reducing travel distance from 294 to 31 km
161/3. New international cruise terminals at Chennai and Goa, railway line between Haridaspur and Paradip underway, LNG import terminal at Kamarajar port, Oil berth ai Jawahar Dweep,Coal berth at Mangalore port
161/4 . deep draft Iron ore berth at Paradip berth, JNPT SEZ, Kandla and Paradip smart industrial port city, largest dry dock and international ship repair facility at CSL, modernisation of 17 fishing harbours
- 800 km Delhi-Mumbai Expressway underway
- Replacement of bio-toilets with upgraded vacuum bio toilets in trains underway. Order for 500 placed on experimental basis.
- No terror strikes in hinterland
- 103 new KVs
- 62 new Navodaya Vidyalayas
- 6 new IITs against 16 in previous 57 years
- 6 new IIMs against 13 in previous 57 years
- 7 IIITs against 7 in previous 57 years
- 02 new IISER
- 12 new AIIMS against 7 in previous 57 years.
- 141 new universities against 30 in previous 57 years
- 01 new NIT
- Life Insurances @ Rs 12 annual and @ Rs 12 monthly premiums
- Atal Pension Yojana
- Pension to 42 crore people of unorganised sector
- Ambedkar memorial
- BHIM application for digital payments
- Khelo India Initiative for tracking of athletes' development, Rs 5 lk per annum scholarship for 1000 budding athletes per year for eight years each; monthly Rs 50000 out-of -pocket exptr, 2000 PETs, salary cap of coaches doubled from Rs 1-2 lk per month, target 15 yrs
- Special Task Force for Olympics
- RERA Act
- Bullet train maiden project
182/1. Rs 6.92 lakh crore Bharatmala project, 44 economic corridors with 9000 km road, 2000 km port connectivity, 9000km roads to connect district HQs with NH,
182/2. 2000 km road with Nepal, Bhutan, Bangladesh and Myanmar, opening up of 185 choke points, road development to char dham, 12 greenfield expressways spanning 1900 km
- 36 murtis retrieved and brought back to India in 2014-2019 under India Pride Project against 02 between 2000-2013, 02 in 90s, 03 in 80s, 01 in 70s and nil in 50s and 60s
- Unemployment rate 3.8% against 13.8 % in 2013
- India is a less-cash society now
- Develpment of Trincomalee and Columbo port while checkmating China's Hambantota by taking operations of near by (15 km away) Mattala Rajapaksha International Airport
- Plugging the 'double taxation avoidance' black money loophole through a new tax agreement with Mauritius
- Deal with Switzerland for automatic tax data sharing from 01 Jan 2019
189/1 Varanasi - Varanasi ring road phase 1 completed, phase 2 underway, inland waterways terminal, Babatpur airport highway, 140 MLD Dinaput STP, facelift to railway station, big cow shelter for stray cattle, BPO centre, piped gas project, Varanasi-Balia rail project,
189/2. Vande Bharat Express, Kashi Vishwanath temple - Ganga Ghat corridor project, renovation of all bathings ghats, LED illuminations of ghats and major roads, underground electricity cabling,
189/3. new sewage plants, 02 cancer treatment facilities, 65th to 29th rank in swachhata sarvekshan (2016), 90% ODF district.
- Creation of 100 Smart cities, 100 crore per year per city for 05 years, 500 acres for retrofitting, 50 acres for redevelopment, 250 acres for green field projects, 10% of energy from renewable resources, 80% of green building construction, special purpose vehicles.
191/1 Development of 500 AMRUT cities underway, urbanization project of rejuvenation and transformation which includes beach front development, prevention of beach erosion, improvement of water supply, replacement of pipelines,
191/2. New sewerage connections, greenery and open spaces, digital and smart facilities, e-governance, LED streetlights, public transport, storm water drainage projects in a phased manner, Target date 2022
- Increase in Child Sex Ratio (CSR) in 104 BBBP (Beti Bachao Beti Padhao) districts, anti-natal care registration in 119 districts and institutional deliveries in 146 out of total 640 districts as in Mar 18. CSR of Haryana increased from 871 to 914.
- International Yoga Day
- Aspirational Districts Programme: 115 'backward' districts placed under 'prabharis' and for competitive development on the basis of 49 performance indicators, target year 2022.
195/1. Make in India: 16.4 lakh crore investment committments, 1.5 lakh crore investment inquiries, 60 bn USD FDI, 26 sectors covered, 23 positions jump in World Bank's Doing Business Report (DBR), 32 places in WEF's Global Competitiveness Index (GCI),
195/2 19 places in Logistics Performance Index, 42 places in Ease of Doing Business index, schemes include Bharatmala, Sagarmala, dedicate freight corridors, industrial corridors, UDAN-RCS, Bharat Broadband Network, Digital India.
- 251 Passport Seva Kendras (PSKs) and Post Office Passport Seva kendras (POPSKs) against 77 till 2014, target of one PSK every 50 km across India.
- Unanimous election of Justice Dalveer Bhandari to ICJ forcing UK to pull out own nominee Christopher Greenwood, demonstrating India's clout in international arena.
- India Post Payments Bank: India's biggest banking outreach with 1.55 lakh post offices (2.5 times banking network) linked to IPPB system
- Philip Kotler award, Seoul Peace prize, Champion of the Earth Award, Grand Collar of the State of Palestine, Amir Abdulla Khan Award, King Abdulaziz Sash award, Amir Amanullah Khan award.
- 1900 gifts and memorabilia received by Modi auctioned and 11.7 crores added to Namami Gange fund, 1.4 c of Seoul Peace award also to Nammami Gange.
submitted by - Fragile five to Fastest growing economy - India
- 11th largest to the 5th largest economy - India
- Share of world GDP from 2.43% in 2014 to 3.08% in 2018
- Average GDP 7.3% against 6.7% in previous regime
- Forex reserves from 300 bn USD in 2014 to 420 bn USD in 2018
- Doubling of FDI inflow from 36 bn USD in 2014 to 66 billion USD in 2018
- Inflation less than 2.3 % (Nov 18) against 10.1% in 2014
- Growth of sensex from 24,121.74 in 2014 to 36,395.03 on 12 Feb 19 (50.88%)
- Fiscal deficit under control
- Per capita income increased by 45% from Rs 86,647 in 2014 to Rs 1,25,397
- IT exemption from 2 lakh in 2014 to 5 lakh (effectively 9.85 lakh with home loan)
- Restaurant bills tax reduced from 18% in 2014 to 5%
- Transaction charges through card down from 1% to 0%, domestic money transfer fee down from Rs 5 in 2014 to zero
- Financial inclusion (32 crore bank accounts with 260 billion worth deposits). Almost 100% coverage from earlier 50%
- DBT (savings of 83000 crores @ 15000 crore annually), No of govt schemes DBT applied to increased from 34 in 2014 to 433, 2.7 lakh fake mid-day meal students, 3.3 crore fake LPG connections, 87 lakh fake MNREGA job cards, 3 crore fake ration cards eliminated
- Zero IT for businesses with turnover upto 60 lakhs
- GST exemplifying cooperative federalism, rates of 83 items down from pre-GST rates, out of 1211 items only 35 items in above 18% slab, 39% reduction of cost of basic household items. Average 1 lk crore monthly revenue through GST collection. Exempted for business upto 40 lk
- Insolvency and Bankruptcy Code, constitution of NCLT, 3 lakh crores of NPAs recovered, 66 cases resolved, 260 cases liquidated, resolution of stressed assets, 2100 companies pay back 83000 crore to banks settling their pending loan repayments
- 75 billion $ or Yen to Rupee exchange agreement with Japan
- 1 lakh shell companies deregistered, FCRA licenses of 4800 NGOs cancelled
- Fugitive Economic Offenders Bill, properties of economic fugitives seized and auctioned
- 1.9 lakh km of rural roads. Rural road connectivity at 91% from 55%
- 36 new airports, from 65 in 7 decades to 106, all states now in air connectivity map
- Effective international diplomacy following 59 visits to nations, 38 single, 10 double, 3 triple and 2 quadruple visits by PM.(Seen during Airstrikes,No Country opposed India)
- Benami Act for action against Money Laundering
- Rural sanitation coverage 95 % up from 39% (8.8 crore toilets)
- Solar energy capacity increased 8 fold from 2.63 GW to 22 GW, 19. 8.5 GW of biogas grid installed.
- Ganga waterway transportation, usage by shipping giant Maersk, cost of transportation reduced from 10/ton (road) / Rs 6/ton (rail) to Re 1/ton
- More than 2.4 crore households lit up, rural electricity coverage to households up from 70 to 95%, only 19836 homes remain (in Chhatisgarh) out of 2,48,09,235
- Electricity accessibility rank jump from 99 in 2014 to 26 in 2019
- 7 crore new gas connections to 3.5 crore households @69000 conections per day, coverage 90% from 55%, 82% return for refill, 42% beneficiaries Dalits
- 14.4 crore mudra loans worth Rs 7 lakh crore disbursed
- 18000 remote villages connected with electricity
- 2.92 lakh km of optical fibre laid, 0.02% to 50% gram Panchayat connectivity
- Swachh bharat mission has saved, according to WHO, 3 lakh lives and will save 1.5 lakh lives per year.
- IT filers increase from 3.79 crore to 6.08 crore, enterprises registered for indirect tax up from 64 lk to 118 lakh
- Entry of India in global regimes Missile Technology Control regime (MTCR), WA (Wassenaar Arrangement) and Australia Group
- 17 crore soil health cards
- 1.5 crore houses built, 91.37 crore in rural areas and 13.5 lakh in urban areas against 25 lakh houses built between 2010-2014. House for all target year is 2022.
- 1,78,346 houses built in NE over existing 2875 houses built till 2014
- Home loan interest rate down from 10.3 % in 2014 to 8.4% in 2018, annual savings of Rs 47,160 for 30 lakhs over 30 years, no GST on affordable housing, 5% on remaining
- Trading agreement in rupee with Iran and UAE
- Common service centres up from 84k to 3 Lakh
- OROP implemented after 43 years, 35000 crores disbursed to 8 crore veterans
- India's vaccination programme Indradhanush amongst 12 best practices of world
- 5035 Jan Aushadhi and - 1054 medicines under price control (60-90% discounts).
- More than 150 Amrit stores, reduction of cost of cromium cobalt Knee implant from 1.58-2.5 lakh to 54,720 and high flex implant from Rs181728 to 56490 (69%), 85% reduction in cardiac stent price to Rs 28000
- 87% reduction in 400 cancer drugs
- Rate of Interest on higher education loans dropped from 14.75 in 2013 to 10.88% in 2019, savings of 1.18 lakh on 10 lakh loan over tenure of 60 months, Rs 2000 savings on EMI
- Data revolution: Cost of 1 GB $0.26 in India against $12.37 in US, $6.66 in UK and $75.2 in Zimbabwe. Unlimited mobile+ 45 Gb data = Rs 150 against Rs 1000 in 2013; annual savings of 10,200
- Katra rail line work completed after 16 years
- Dhola Sadiya bridge work completed after 16 years
- Sardar Sarovar Dam work completed after 15 years
- Aadhaar act
- Pakyong airport completed after 10 years
- Chennai Nashri Tunnel after 10 years
- Assam NRC after 40 years
- National War Memorial after 50 years
- NE cpas after 60 years
- Kollam bypass after 43 years
- Indo-Bangladesh enclaves after 42 years
- Bansagar canal project after 40 years
- Bogibeel bridge after 23 years
- Western peri expressway after 15 years
- Kota Chambal bridge after 11 years
- Maibang-Lumding Stretch completed
- Delhi Meerut Expressway completed
- Ganga Expressway project (world's longest) underway
- Metros in Ahmedabad, Nagpur, Jaipur, Lucknow, Washermenpet
- All umanned level crossings eliminated
- Ayushman Bharat: annual 5 lakh health care to every family, 15.05 lakh hospital admissions for secondary/ tertiary treatment, 2.4 crore e-cards generated as on 10 Mar 19 in 170 days. Target 50 crore people.
- 59minutes loan portal: 92,000 loan applications of MSME amounting to 30,000 crores approved, 6000 crores sanctioned till Nov 18
- 87% of farming house (owning land of 2 hctrs) or 12 cr ppl to get kisaan sammaan nidhi of Rs 6000 pr year. Rs 5215 cr transferred directly to 2.6 crore farmers in 37 days (for households with holding less than 0.01 hectares incm per month so far was Rs 8136 agnst exp of 6594
- 1.5 million electric rickshaws
- Procurement of 36 Rafale on Government to Government Basis avoiding middlemen
- 05 billion$ S 400 Triumf air defence missile system deal with Russia
- 145 M777 howitzer deal
- 22 Apache AH 64E multi-role combat helos
- 200 KA-226T helicopters
- 56 EADS CASA C-295 transport aircraft
- 15 CH 47 Chinook tactical transport helicopters
- 2.3 lakh Bullet proof jackets
- 1.6 lakh Bullet-proof helmets
- 777 mn USD Barak 8 LRSAM contract
- 5 bn USD S-400 air defence systems
- 10 Heron TP armed drones
- 4 additional P8I MR aircraft
- 40 units of Laser sensor border fence installed
- 72,400 Sig Sauer Assault rifles
- 100 self-propelled K9 Vajra howitzers
- 700000 AK-103 Kalashnikov assault rifles indigenous facility
- Surgical strikes in Myanmar, across LoC and in Pakistan. Only Country to bomb a Nuclear Powered Country
- 240 million visitors at Kumbh Mela 2019, cost 4236 crores @ Rs 177 per tourist, revenue 1.2 Lakh crores
- 833 teraflop supercomputer Param Shivay by IIT BHU at Rs 32.5 crores
- Divisional status to Ladakh
- 470 bed ESIC hospital in Ennore
- 100 bed ESIC hospital in Tiruppur
- Namami Gange - Ganga is 30% cleaner, 83 out of 97 ganga towns and 4456 villages achieved ODF status, 08 out of 16 drains emptying 16 crore l sewage into Ganga tapped. Target date Mar 2020
- 5,45,122 ODF villages, 598 ODF districts, 27 ODF states/ villages
- RERA implementation
- Udaan scheme - flight cost down from Rs 5000/1000 km in 2013 to 3400/1000 km in 2018, 34 airports operationalised, small towns connected, all states on aerial
- Preventive conservation of 39275570 folios, curative conservation of 3656863 filios, digitisation of 2.83 lakh manuscripts consisting of 2.93 crore pages
- India is now world's largest 2-wheeler manufacturer, 2nd largest smartphone manufacturer (94% of mobiles sold now made in India), 4th largest automaker, 2nd largest steel producer
- 5100 m Mandvi Bridge in Goa in 3.5 years
- Ease of doing Business ranking jump from 134 in 2014 to 77 in 2019
- Therubali - Singapur Bridge No 588
- Restoration of Asurgarh Fort, Kalahandi
- GeM portal with 731431 product categories, 180,862 registered sellers and 32114 govt buyers
- 10% EWS reservation
- 40% of ongoing 700 NH projects completed, adding 40,039 km between 2014-18 against 91,287 km between 1947-2014
- Highway construction rate jumped from 12 km/day in 2014 to 27 km/day in 2019
- 101 terrorists and 11 offenders extradited
- 90,000 ex-partite Indians evacuated
- Chabahar port, Sittwe port and Duqm port
- Military installation in Seychelles
- International logistics agreements with US, France and Singapore
- Work underway on 25 MLD ZLD Common Effluent Treatment Plant at Gujarat Eco Textile Park and will save 25 million litres of water per day
- Beautification of 65 railway stations, all stations fitted with LED lights, wi-fi, multi-brand food centres, kiosks, executive lounges, lifts (445 from 97 in 2014), escalators (603 from 199 in 2014), travellators and ramps
- Record number of foot over bridges built
- 871 new train services
- 180 new rail lines
- Dedicated railway freight corridor - 2 sections completed
- 100% electrification of railways underway, first solar powered railway station (Guwahati). First solar powered train (world's second), savings of Rs 40 Lakhs and 90,000 ltrs diesel per year
- Make in India semi-high-speed trains - Tejas, Gatiman and Vande Bharat
- Humsafar and Antodaya trains, Deen Dayalu and Anubhuti coaches, UDAY double decker, glass dome Vistadome coaches
- Project Swarn and Project Utkrisht to upgrade Rajdhani/Shatabdi and Mail/Express respectively
- Largest coach production in world at ICF, Chennai
- No more human extreta on railway tracks. Installation of 1.37 lakh out of 2.5 lakh completed in Jun 18.
- 400 wi-fi railway stations (Aug 18)
- 80% reduction in rail accidents
- 10 high speed rail corridors underway, target date 2025-26
- Export of world class customised coaches from MCF, Rae Bareli
- LIC and Air India register profit
- 2300 km rail tracks constructed, speed jumped from 4.1 km/day in 2014 to 6.53 km/day in 2018
- Neem coating of urea
- Gokul mission - record 160 million ton milk production
- Online availability of CBSE and NCERT books
- 10 crore LED bulbs distributed, 5000 crore savings
- Investment in urban infrastructure jumped from 157703 crores to 795500 crores
- Statue of Unity to commemorate Iron Man of India
- Rs 2509 crore sales in Khadi
- 482.36 million digital transactions worth Rs 74,978 crores in Oct 2018 against 0.3 million transactions worth Rs 90 crores in Nov 2016
- 30% increase in ATMs, 208% increase of PoS machines from 10.81 lakh in May 14 to 33.32 lakh in Aug 18, 111% increase in credit cards from 1.94 crore in May 14 to 4.10 crore in Aug 18, 144% increase in debit cards from 40.17 crore to 98.02 crore
- Ease of Doing Business Index 142 (2014) to 100 (2018)
- Ease of getting electricity index 99 (2014) to 26 (2018)
- UN's e-govt index 118 (2014) to 97(2018)
- Globalisation index 112 to 107 (2018)
- Innovation index 76 to 60 (2018)
- Competitiveness index 71 to 39
- Logistics performance index 54 to 35
- Global peace index 141 to 137
- DBR ranking 100 to 77
- India ranks 3rd in global start up ecosystem
- 06 crore jobs in MSME sector based on CII data
- 448 million formal jobs based on EPFO, NPS and PPF data
- 10 crore jobs in entrepreneurship via mudra and other schemes
- 80% increase in tax payers, 51.3 % increase in gross tax revenue
- Black Money report card - Voluntary income declaration scheme (Rs 65250 crore), IT search and survey operations (35,460 crore), Pradhan Mantri Garib Kalyan Yojana(5000 crore), Benami transactions Act (4300 crore), Black Money and Imposition of Tax Act (4100 crore)
160 Rs 6000 financial assiatence for pregnant women
161/1 . Sagarmala: port capacity increase from 8 to 14.7 lakh ton, cargo up from 89 to 116 MMT 8 new national waterways including ganga waterway NW-1 and Brahmaputra waterway NW-2.
161/2. domestic cruise service between Mumbai and Goa, ro-ro services on Ghoga-Dahej reducing travel distance from 294 to 31 km
161/3. New international cruise terminals at Chennai and Goa, railway line between Haridaspur and Paradip underway, LNG import terminal at Kamarajar port, Oil berth ai Jawahar Dweep,Coal berth at Mangalore port
161/4 . deep draft Iron ore berth at Paradip berth, JNPT SEZ, Kandla and Paradip smart industrial port city, largest dry dock and international ship repair facility at CSL, modernisation of 17 fishing harbours
- 800 km Delhi-Mumbai Expressway underway
- Replacement of bio-toilets with upgraded vacuum bio toilets in trains underway. Order for 500 placed on experimental basis.
- No terror strikes in hinterland
- 103 new KVs
- 62 new Navodaya Vidyalayas
- 6 new IITs against 16 in previous 57 years
- 6 new IIMs against 13 in previous 57 years
- 7 IIITs against 7 in previous 57 years
- 02 new IISER
- 12 new AIIMS against 7 in previous 57 years.
- 141 new universities against 30 in previous 57 years
- 01 new NIT
- Life Insurances @ Rs 12 annual and @ Rs 12 monthly premiums
- Atal Pension Yojana
- Pension to 42 crore people of unorganised sector
- Ambedkar memorial
- BHIM application for digital payments
- Khelo India Initiative for tracking of athletes' development, Rs 5 lk per annum scholarship for 1000 budding athletes per year for eight years each; monthly Rs 50000 out-of -pocket exptr, 2000 PETs, salary cap of coaches doubled from Rs 1-2 lk per month, target 15 yrs
- Special Task Force for Olympics
- RERA Act
- Bullet train maiden project
182/1. Rs 6.92 lakh crore Bharatmala project, 44 economic corridors with 9000 km road, 2000 km port connectivity, 9000km roads to connect district HQs with NH,
182/2. 2000 km road with Nepal, Bhutan, Bangladesh and Myanmar, opening up of 185 choke points, road development to char dham, 12 greenfield expressways spanning 1900 km
- 36 murtis retrieved and brought back to India in 2014-2019 under India Pride Project against 02 between 2000-2013, 02 in 90s, 03 in 80s, 01 in 70s and nil in 50s and 60s
- Unemployment rate 3.8% against 13.8 % in 2013
- India is a less-cash society now
- Develpment of Trincomalee and Columbo port while checkmating China's Hambantota by taking operations of near by (15 km away) Mattala Rajapaksha International Airport
- Plugging the 'double taxation avoidance' black money loophole through a new tax agreement with Mauritius
- Deal with Switzerland for automatic tax data sharing from 01 Jan 2019
189/1 Varanasi - Varanasi ring road phase 1 completed, phase 2 underway, inland waterways terminal, Babatpur airport highway, 140 MLD Dinaput STP, facelift to railway station, big cow shelter for stray cattle, BPO centre, piped gas project, Varanasi-Balia rail project,
189/2. Vande Bharat Express, Kashi Vishwanath temple - Ganga Ghat corridor project, renovation of all bathings ghats, LED illuminations of ghats and major roads, underground electricity cabling,
189/3. new sewage plants, 02 cancer treatment facilities, 65th to 29th rank in swachhata sarvekshan (2016), 90% ODF district.
- Creation of 100 Smart cities, 100 crore per year per city for 05 years, 500 acres for retrofitting, 50 acres for redevelopment, 250 acres for green field projects, 10% of energy from renewable resources, 80% of green building construction, special purpose vehicles.
191/1 Development of 500 AMRUT cities underway, urbanization project of rejuvenation and transformation which includes beach front development, prevention of beach erosion, improvement of water supply, replacement of pipelines,
191/2. New sewerage connections, greenery and open spaces, digital and smart facilities, e-governance, LED streetlights, public transport, storm water drainage projects in a phased manner, Target date 2022
- Increase in Child Sex Ratio (CSR) in 104 BBBP (Beti Bachao Beti Padhao) districts, anti-natal care registration in 119 districts and institutional deliveries in 146 out of total 640 districts as in Mar 18. CSR of Haryana increased from 871 to 914.
- International Yoga Day
- Aspirational Districts Programme: 115 'backward' districts placed under 'prabharis' and for competitive development on the basis of 49 performance indicators, target year 2022.
195/1. Make in India: 16.4 lakh crore investment committments, 1.5 lakh crore investment inquiries, 60 bn USD FDI, 26 sectors covered, 23 positions jump in World Bank's Doing Business Report (DBR), 32 places in WEF's Global Competitiveness Index (GCI),
195/2 19 places in Logistics Performance Index, 42 places in Ease of Doing Business index, schemes include Bharatmala, Sagarmala, dedicate freight corridors, industrial corridors, UDAN-RCS, Bharat Broadband Network, Digital India.
- 251 Passport Seva Kendras (PSKs) and Post Office Passport Seva kendras (POPSKs) against 77 till 2014, target of one PSK every 50 km across India.
- Unanimous election of Justice Dalveer Bhandari to ICJ forcing UK to pull out own nominee Christopher Greenwood, demonstrating India's clout in international arena.
- India Post Payments Bank: India's biggest banking outreach with 1.55 lakh post offices (2.5 times banking network) linked to IPPB system
- Philip Kotler award, Seoul Peace prize, Champion of the Earth Award, Grand Collar of the State of Palestine, Amir Abdulla Khan Award, King Abdulaziz Sash award, Amir Amanullah Khan award.
- 1900 gifts and memorabilia received by Modi auctioned and 11.7 crores added to Namami Gange fund, 1.4 c of Seoul Peace award also to Nammami Gange.
submitted by Investors rushing back to risk assets this month just got a reminder of the kind of simmering geopolitical threats out there. That could be good news for the dollar.
The drone strike on one of the world’s biggest oil facilities over the weekend raises the specter of escalating tensions across the Middle East — exactly the kind of scenario that typically fuels demand for assets denominated in the world’s reserve currency.
“Any retaliatory measures by Saudi Arabia would inevitably lead to an increased geopolitical risk scenario, i.e. the demand for safe-haven currencies can be expected to remain buoyant,” wrote Marc-André Fongern, strategist at MAF Global Forex. “From a fundamental perspective, there is still hardly any alternative to the dollar.”
Throw in still-festering trade tensions, record policy uncertainty, weak growth in Europe — with no fiscal stimulus in sight — and the continued outperformance of American markets, and the stage may be set for a new phase of greenback strength if the bulls have it right.
Even after a September pullback, the dollar is the best performing G-10 currency this quarter, and the Bloomberg Dollar Spot Index remains close to levels notched two years ago. The latter gained 0.3% at 10:19 a.m. in New York on Monday as the drone strike in Saudi Arabia rippled through markets.
The latest flow data underscore the kind of support the exchange rate is enjoying from global investors these days. Numbers from EPFR Global Data released last week show cash was piling into stocks amid the global bond sell-off, but beneath the surface it all headed one way: American equity funds attracted more than $17 billion in the week through Sept. 11. Shares in Europe, Japan and the emerging markets all recorded outflows.
Trade War
As the trade war drags on, haven demand for the U.S. currency is likely to continue, according to Ned Rumpeltin, the European head of G-10 currency strategy at Toronto Dominion Bank. He points out there have been several false dawns in the protectionist spat, and says it’ll be no surprise if that happens again.
“The dollar remains the best house in a very bad neighborhood,” he said. “There are few places in the G-10 where the dollar can underperform.”
Analysis from
JPMorgan Chase& Co. and
Goldman Sachs Group Inc. shows the dollar is getting a lift from weakness in developing nations spurred by fears of a slowdown in China.
Absent a significant pick-up in risk appetite that diminishes the dollar’s flight-to-quality credentials, even fresh U.S. monetary easing would struggle to materially undercut the currency, according to Jane Foley, Rabobank’s head of currency strategy.
Bear Hunt
There remains plenty of ammo for dollar bears. The U.S. has twin deficits and the greenback is the most expensive G-10 currency based on the Bank for International Settlement’s real effective exchange rate.
One of the biggest bulls — HSBC Holdings Plc — acknowledges risks are rising to its strong-dollar call issued in April 2018. In a recent note, it stress-tested the potential impact of three scenarios: fiscal stimulus outside America, thawing trade relations, and U.S. intervention to weaken the currency. They all pose “serious negative consequences” for the greenback, HSBC said.
But nominal rate differentials matter in a world where more than $13 trillion of bonds globally yield below zero.
Around 60 trillion yen ($560 billion) Japanese government bonds with a coupon of over 1% will mature within three years and that money is likely to be reinvested in U.S. bonds where the whole curve is still positive, said Naoya Oshikubo, a senior economist at Sumitomo Mitsui Trust Asset Management. The company is one of the managers of Japan’s Government Pension Investment Fund, the world’s largest.
“The dollar will be well supported because of these flows,” Oshikubo said.
Japanese investors bought 2.47 trillion yen of U.S. government bonds in July, the most since 2016, according to the latest data.
“The dollar is still ticking a lot of boxes for a currency to be long: high liquidity, high security, high yield. Its economic situation still better than others,” said Andreas Koenig, head of global foreign exchange at Amundi Asset Management. “It’s difficult to find attractive alternatives.”
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—Passive investing has exploded. But [fears of a bubble are overblown
](
https://fortune.com/2019/09/14/passive-investing-stock-market-bubble-etfs/)—Why the
next recession may feel very different than 2008
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Social Security increases in 2020 will be noticeably smaller than this year
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U.S. recession indicators haven’t made up their minds
Don’t miss the dailyTerm Sheet, Fortune’s newsletter on deals and dealmakers. * More Details Here submitted by So ive had delivery jobs on and off my whole life ever since high school, ive worked for pretty much every resturant in my local area and have had different compensations from good and bad.
My first one when i was 18 got me to know my area pretty good. 7 resturants later i jus look at a ticket and go, no need for gps. its seccond nature by now. The worst job i had was for a company that let you use their fleet of cars and they paid for gas but thought that ment it was okay to pay you 20 dollars for a 10 hour shift plus your tips.. I made it a year and a half in that one before leaving to enjoy a summer with my savings. My current job has been a rollercoaster ride to say the least. A sushi place opened up in 2014 ( i live in long island ny ) and i became buddy buddy with the owner who is a pretty cool dude. I work from 11-9 with a 1 hour break from 3-4 because all sushi resturants like to close for a hour (chefs break)
i always drove stick so it keeps the job pretty physical, But my boss is so chill that i dont even have to be there in between any deliverys. I live less then 5 minutes from the store so im pretty much a on call driver. When i get a text saying the letter D it means a delivery just came in, if i get a text R that means it just got ready and i need to step on it to dock at the store but im usually there before that, well why you wonder? because to my benefit and my misfortune, i am the only driver. My boss is too cheap to hire more then one driver, this means i am responsible for every single order that comes in throughout the day near or far. we take around a 4.5 mile radius but because i know my hood like the back of my hand i cut threw all the back streets, Avoid lights and get this shit done. i work in a very weathy neighborhood and usually deliver to mansions in the bay area and lots of residential houses, businesses, docters and the like but if i get into a accident, am feeling under the weather or god forbid broke a leg or some shit im fucked. My boss has tried other ppl and they cant pull it off the way i do. I worked for 2 years straight eventually worked some 7 day weeks. I get paid $50 a day house pay and thats suppose to cover my gas and stuff.
Sushi tips are for the most part better then pizza tips. In the past week i got 40 from 1 guy on new years and multiple 20 dollar tips, And 70 bux for delivering to a private jet company at JFK Airport, which was like 9 miles away and i had to sacrifice my break so they could get it done. The worst part about this line of work is you miss out on Life, you litterally live behind the wheel. Im my bosses right hand man and as much as i dont want to let him down, Im not struggling for money or anything. I trade the forex market on the side and invest in crypto currencies and during those 2 years i had a awsome clientel for 420, so i helped out alot of people. It got to the point where i was making more then double what i would make in a day from the sushi alone. One day in october 2016 i overslept and woke up to a bunch of pissed texts from my boss and decided to Quit. My hustle grew and i got to the point where i was banking like 500-1000 profit from that then caught a case when i jus made the wrong turn at the wrong time dec 29 2016. with something not stashed and a cop pulled me over for having a ipad mounted on my dash. I was riding w 2 other people and all 3 of us got arrested. my car is jus mad suspect to begin with, scion coupe, tinted windows, 18 inch rims, loud subs. Im never the type to smoke in my car ever and everything stays vaccume sealed always. 3 Grand to lawyer fees and a few months of draged out court dates but steered clear of probation or jailtime. So i consider myself lucky i guess? After laying low for a few months i burned threw alot of my savings. Although i got into a cool hobby racing drones and building them from scratch while i was on that year off from delivering. I discovered a new passion but its by no means a cheap hobby with plenty of expensive gear and components. In october 2017 i stop by the sushi place for the first time in a year and sit down just to eat, chat and catch up and see how the business was because i left on a bad note, even though i was having the time of my life. He said you ready to start driving again and as we were eating, i seen the chinese guy, my replacement, running in and out of the store and it brought back all the memorys of the job. So i said "yea part time" He only gave me one day a week so i was like whatever because what off the boat asian delivery guy wants to work less then 6 days a week. So i took him up on the offer and the next week the guy quit after working 9 months to take care of his kid or some shit. He was obviously looking for a ticket out and i was it. So now i went from working 1 day back to 5 and its like i never left now. He is forced to close the resturant 1 day a week this winter which he has never done before to save on bills and payroll because the store hasnt been doing as good, probably because his other drivers throughout the year sucked balls and couldnt handle the pressure. Now im stuck in the same trap as a year ago. I had a taste of my dream career but it got snatched from me because im stuck in this loop again. Im not a big pothead but i know alot of them. I havent fliped anything since i got off with a slap on the wrist but i dont know if im going to fall back into that too. I dont really care about the money, its the free time i miss and 50 hours a week in the winter is really sending waves of thoughts threw my head. Snowstorms are just gonna get worse. The main point of my thread is after reading all this, If you are a delivery driver would you think i have it easy as a driver with this one? Would u switch in a heart beat or stay with yours? I make 140-160 a day consistantly but at the expense of no life. Shifting all day 10 hours is taxing and sitting all day in my coupe just pools the fat. I was a avid gym goer now i jus get exhuasted after a days work. It was fun when i was younger but im 26 now and kinda want to get into something that doesnt involve wasting away in traffic all the time. My boss looked out for me when i met him in 2014 and was down and out but 3 years later im kinda ready for the next chapter of my life. I have a gf of 3 years that i met when i first got the job way back, i had 2017 to myself but got sticked with a full schedual now. 2-3 days a week i can handle but if he finds another asian dude they are gonna wanna work like 6-7 days a week and ill be shut out. Any advice or thoughts? Whats the most amount of hours you guys work and how do you not let it break you. i get 7 to 10 dollar tips all around locally.
Sushi orders are cold so time doesnt matter too much in that respect but if its sent with hot food it gets crazy because as the only driver sent with 3-4 deliveries at a time i get to pick the late one and the hood deliverys to far rockaway suck balls. They take 15 minutes to 20 to drive to and almost never get over a 5 dollar tip. Lucky to get 3 out there.. This is just my 2 cents rant from a guy whos not a newbie to this industry by any means. In between deliverys i get free time but not much sometimes its almost not worth it to leave the store but i do have the option.i feel like a on call EMT but for sushi. I kinda dont know where 2018 will take me. if you read all this, thankyou just one drivers story to another man! I
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