MHA needs Rs 3,50,000 cr for internal security, border guarding in 2020-25

[ashok321]

MHA needs Rs 3,50,000 cr for internal security, border guarding in 2020-25

Home Ministry has projected a budgetary requirement of more than Rs 3,50,000 crore for internal security, mordernisation of police forces and other related responsibilities during 2020-25.

This was conveyed by Home Minister Rajnath Singh to Chairman of the 15th Finance Commission N K Singh here recently, officials said today.

 

[ashok321]

Its 50 billion dollars = GDP of Tanzania or Lebanon.

Where is the money?

Shouting about two and half wars against nuclear nations and meeting the monetary resources/responsibility to back up such possibility are 2 different things.

 

[Shamsher1990]

Its 50 billion dollars = GDP of Tanzania or Lebanon.

Do you realize its a requirement over 6 years and not yearly expense? 50 billion dollars in six years = 8.5 Billion dollars in one year -- if these expenses are recurring expense. Comparing it to GDP of Tanzania is misleading.

 

[ashok321]

Do you realize its a requirement over 6 years and not yearly expense? 50 billion dollars in six years = 8.5 Billion dollars in one year -- if these expenses are recurring expense. Comparing it to GDP of Tanzania is misleading.

You wanna go this way?
Ok.


8.5 Billion dollars = Bahamas GDP.
Now thats big money for India which borrows measly 48 million dollars from WB.

India inks financing pact with World Bank for $48 million - Times of India

 

[Shamsher1990]

8.5 Billion dollars = Bahamas GDP.

Thats cute!

You know how big is Bahamas as compared to India?

The entire population of Bahamas is about 400 thousand. For comparison, population of Amritsar is more than 1 million. And Amritsar is not even one of Indias metros.

I am not surprised Indian government has that kind of expenditure to keep police force updated all over India. With a population of 1.3 billion people 7-8 dollars per person per year is a very modest amount for law and order maintenance. Even when compared to the really low incomes of Indians.

Now thats big money for India which borrows measly 48 million dollars from WB.

India inks financing pact with World Bank for $48 million - Times of India

World bank was financing a very specific program: 'Nagaland Health Project'. It was very targeted towards only few communities in Nagaland.

 

[ashok321]

Thats cute!

You know how big is Bahamas as compared to India?

View attachment 468489

The entire population of Bahamas is about 400 thousand. For comparison, population of Amritsar is more than 1 million. And Amritsar is not even one of Indias metros.

I am not surprised Indian government has that kind of expenditure to keep police force updated all over India. With a population of 1.3 billion people 7-8 dollars per person per year is a very modest amount for law and order maintenance. Even when compared to the really low incomes of Indians.

Its not how big or small the Bahamas is.
Its richer than India.
And its 8.5 billions that are being talked about.
Don't you bring any deflection here.

World bank was financing a very specific program: 'Nagaland Health Project'. It was very targeted towards only few communities in Nagaland.

Borrowing from WB or IMF this kind of measly amount (by trillion dollars economy) shows what?

A millionaire borrowing couple of dollars from his friends?
How shameful?
Lol

 

[Shamsher1990]

Its not how big or small the Bahamas is.
Its richer than India.

So?
Tom Cruise at net worth of 43 million dollars is vastly richer than most of Indians or Bahamans. Does it mean Bahamans or Indian government cannot take up projects worth 43 million dollars?
Compared to Indian government's annual revenue, 8.5 billion is not more than 2-3% of expenses.

And its 8.5 billions that are being talked about.
Don't you bring any deflection here.

I am not bringing any deflection, you are muddying the water by brining Bahamas or Tanzania into picture! Care to explain how does Bahama's GDP picture into the expenses of Indian Home Ministry?

 

[ashok321]

Tom Cruise at net worth of 43 million dollars

You got even the measlier loan amount again:
India signs $40 million loan agreement with World Bank for UP tourism ...

The list goes on n on for a low income country as India.

Nations are in a different league, why bring an individual just to prove your point albeit in a futile way?
You don't have your Amitabh Bachchans of Panama Papers fame?
So?

 

[Shamsher1990]

Borrowing from WB or IMF this kind of measly amount (by trillion dollars economy) shows what?

A millionaire borrowing couple of dollars from his friends?
How shameful?
Lol

Finances are not run on pride or ego but on prudence. World Bank offers loans on very soft terms for humanitarian purposes. For instance:-

China also takes loans for its programs, some of them are quite petty compared to the size of its economy.

http://www.worldbank.org/en/news/pr...d-bank-to-support-chinas-war-on-air-pollution

US$500 million loan for Air pollution control. For an economy that is supposed to be next america. 11 trillion dollars.

Is it shameful on the part of China? I don't think so. And apparently neither does CCP.

Nations are in a different league, why bring an individual just to prove your point albeit in a futile way?

It was a rhetoric. To drive home the simple point : Compare apple to apple. Indian expenses should be compared with respect to its budget and revenue. Why bring other countries GDP in the comparison? Especially the ones which are simply not comparable.

 

[ashok321]

Finances are not run on pride or ego but on prudence. World Bank offers loans on very soft terms for humanitarian purposes. For instance:-

China also takes loans for its programs, some of them are quite petty compared to the size of its economy.

http://www.worldbank.org/en/news/pr...d-bank-to-support-chinas-war-on-air-pollution

US$500 million loan for Air pollution control. For an economy that is supposed to be next america. 10 trillion dollars.

Is it shameful on the part of China? I don't think so. And apparently neither does CCP.

40 million loan for India which touts to be the fastest growing economy with the projections of trillions of dollars economy down the road?

Don't brag & people will not raise such 40 million loans like issues.
Otherwise they have a reason and they will pester you on this. Because it is not commensurate with 2.2 trillion economy to have asked for such a paltry & pitiful loan.
India asked for it and signed on it. WB/IMF don't come running to India on their own.

Would Switzerland ever ask for 40 million loan from WB?
Lol

Finances are not run on pride or ego but on prudence. World Bank offers loans on very soft terms for humanitarian purposes. For instance:-

China also takes loans for its programs, some of them are quite petty compared to the size of its economy.

http://www.worldbank.org/en/news/pr...d-bank-to-support-chinas-war-on-air-pollution

US$500 million loan for Air pollution control. For an economy that is supposed to be next america. 11 trillion dollars.

Is it shameful on the part of China? I don't think so. And apparently neither does CCP.


It was a rhetoric. To drive home the simple point : Compare apple to apple. Indian expenses should be compared with respect to its budget and revenue. Why bring other countries GDP in the comparison? Especially the ones which are simply not comparable.

Was giving you the extent or degree of magnitude as to how much the difference was.
Hence had to bring the nations - and not dogs.

 

[Shamsher1990]

40 million loan for India which touts to be the fastest growing economy with the projections of trillions of dollars economy down the road?

Well, if 500 million dollars loan for pollution control is considered completely 'honorable' -- I still don't understand how honor or shame figures in finances, does it go in asset or liability? -- for an economy which is touted to become the biggest economy on the planet, to be worth tens of trillions. Why is it so 'shameful' for an economy in ball park of 2 trillion dollars to take a 40-50 million dollar loans for public welfare. Both the nations and their respective media glorify themselves to the sky.

 

[ashok321]

Well, if 500 million dollars loan for pollution control is considered completely 'honorable' -- I still don't understand how honor or shame figures in finances, does it go in asset or liability? -- for an economy which is touted to become the biggest economy on the planet, to be worth tens of trillions. Why is it so 'shameful' for an economy in ball park of 2 trillion dollars to take a 40-50 million dollar loans for public welfare. Both the nations and their respective media glorify themselves to the sky.

If India asked the WB to loan it 1 million dollars.
Would it be pitiful or not?

 

[Shamsher1990]

Was giving you the extent or degree of magnitude as to how much the difference was.
Hence had to bring the nations - and not dogs.

References without any real context. Expenses are seen in the context of budget, no matter how big or small.

 

[ashok321]

References without any real context. Expenses are seen in the context of budget, no matter how big or small.

You said:
Compare apple to apple

This is exactly what I was doing. Comparing one nation;India with other nations a la Tanzania.

But what did you do?
Bring Tom Cruise as an individual?
Comparing Apples to Oranges?

You think I can not see your game through?

Reply the following:

If India asked the WB to loan it 1 million dollars.
Would it be pitiful or not?

 

[Shamsher1990]

If India asked the WB to loan it 1 million dollars.
Would it be pitiful or not?

To be honest, my question will be at what terms. In the sense what will be the interest rate or payment terms or moratorium period if any.

Usually these loans are taken when there is a deficit in the budget. A fairly large number of countries run deficit. Now rest is the matter of accounting, ie under what head how much money is taken as a loan. A project which requires a funding of 1 million dollars will need a 1 million dollar loan from someone one. Either bonds will be issued for public to invest or loans will be availed from external parties.