It is in response to one letter addressed to PM by senior citizen on reduction of bank interest on fixed deposit
But this Government is only worried about industries and capitalists . They benifited at both ends, first loan at lowest rate and then income tax on profit is also reduced to 22 % plus 3 % surcharge which means lowest. We are paying 30 percent , a big gap of nearly 5-6 percent which is totally unjustified. Not this only they are allowed many more hidden costs which are only to reduce their profit on papers means taxeable profit is reduced thereby they actually pay 15 to 20 percent
For example jio's capital have increased to 4.5 lacs crore in just 3 years only by investing app. 40 thousand crore taken from banks at such low interest which is at the cost of the poor helpless people of this country. Not only this Ambani group sold nearly 10 percent worth share to facebook owner for nearly 45 thousand crore and Ambany cleared whole bank loan in one go
We say Modi is working for Ambany and Adani like few capital houses at the cost of 80 % helpless people of India
Not only this he is showing that he is helping poor by giving subcidised food and LPG to poor and also transfering amount to farmers
But this amount is nearly 1 lacs crore in last 6 years
Comapred to it corporate houses were given 1.45 lacs crores per year benifits by reducing rate of income tax from 25 % to 22 % . Earlier this government reduced corporate income tax from 30 % to 25% which means they have been benifited to the tune of 15 lacs crores a very conservative esitimation
But why it is being given is to be calibrated with funds they are getting in bonds to party fund of which 95 % of it being received by BJP alone and not only this bonds are not made public which means one can not know who gave how much to which party. And this has been done by Modi to whom our friends say he is most honest and transperent PM
You know in vertual raillies nearly 72 thousand LED costing hundreds of crores were installed were of चीन's production to which they are saying to bycot to Indian public may be given by corporate which will not be counted for party fund which mean BJP party and people are getting richer at the cost poor people of India at one hand and Govt exchequer on the other hand
It is clear loot of public money as well of faith of innocent people of this great nation
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