NRIs Deserted BJP, Deposits Rate $2291m PM to $93m PM
March23, 2015 (C) Ravinder Singh ravinderinvent@gmail.com
It was stunning – BJP government collected just 93m from NRIs in December2014 against $55,236m over 24 months under UPA at $2291m per month or (-) 96%.NRI Deposits are Critical For India’s Progress.
All reports are for March month but RBI disclosed data upto December this time, whereas on earlier occasion it used to be up to January.
The latest table indicates $35,147m Growth in NRI Deposits in 9 months Aril-Dec2014 at almost $4000m per month which is down to $93m or (-)98%.
NRI Outstanding Deposits UPA vs NDA
Scheme | 2011-13 | 2012-13 | 2013-14 | Dec.2014 |
1 NRI Deposits | 58,608 | 70,822 | 103,844 | 110,070 |
1.1 FCNR(B) | 14,968 | 15,188 | 41,823 | 42,422 |
1.2 NR(E)RA | 31,408 | 45,924 | 52,908 | 58,367 |
1.3 NRO | 12,232 | 9,710 | 9,114 | 9,281 |
Ravinder Singh, Inventor & Consultant, INNOVATIVE TECHNOLOGIES AND PROJECTS
Y-77, Hauz Khas, New Delhi-110016, India. Ph; 091- 9718280435, 9650421857
Ravinder Singh* is a WIPO awarded inventor specializing in Power, Transportation,
Water, Energy Saving, Agriculture, Manufacturing, Technologies and Project