Hell with FM, he does not bother about anything as he gets & earned crores of rupees & happy living! the real struggles are faced by Middle income class and the poor class people! With grate difficult the middle class people have invested in buying a flat by sacrificing their hard earn money to invest in flat to avoid the high rental charges in cities like Bangalore, chennai, Bombay etc. It is unfair to raise the home loan interest and Mr.Chidambaram is unfit for the FM post and did nothing to the poeple of India in his tenure of FM posts for the past 4 1/2 years and he should resign for the economic crises now. Let Govt should take string action against him
RE:Fm & home loan
by Vasan on Jul 14, 2008 02:32 PM Permalink
It is good INvestment. All crib about Raise in Intrest rates, But If today They sell the house bought, It can give money , which settle not only house loan(with Intrest) and still left wit more spare money. It is good investment, Wake up guys
FM still under myth that by raisinf interest rate, inflation will come down
It is only through better inflow/outlow management of essentials, curtailing black market will show the result Also better utilisation of govt funds in projects in infrastructure development
