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Tuesday, November 25, 2014

Modi-nomics

Globally oil price is falling but US Dollar is rising;
net cost of oil import for India still the same.
The Indian Rupee is falling but gold imports are rising; 
keeping India's balance of payments in shame. 
If inflation is falling then why cost of essentials rising; 
somewhere there is a scam to tame. 
Production - exports falling but still stock markets are rising; 
higher and higher the indices aim.
Interest rates ain't falling but debt takers are rising;
its hard to understand this banking game.
Real estate ain't falling but unsold inventory is rising; 
on debt this industry stands lame. 
FDI ain't falling but infra investments not yet rising
despite the commitments from leaders that came. 
Are good days coming to see India shining; 
or will Modi-nomics equal bubble-nomics in name? 

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