baabuu Posted January 5, 2019 Share Posted January 5, 2019 Country's prestigious Defence aircraft maker HAL for the first time in many years had to borrow 1000 cr to pay salaries to its employees. It has no money to pay vendors and make purchases from April onwards to manufacture aircrafts. HAL’s business is dependent on Ministry of Defense, which has to allot budget to the armed forces, which in turn pay HAL for the business. “We’ve always been cash rich, this is the first time ever, or at least in the past two to three decades that we’ve borrowed money,” said CMD of HAL Madhavan. First defence minister, to make this happen Link to comment Share on other sites More sharing options...
r_sk Posted January 5, 2019 Share Posted January 5, 2019 2 hours ago, baabuu said: Country's prestigious Defence aircraft maker HAL for the first time in many years had to borrow 1000 cr to pay salaries to its employees. It has no money to pay vendors and make purchases from April onwards to manufacture aircrafts. HAL’s business is dependent on Ministry of Defense, which has to allot budget to the armed forces, which in turn pay HAL for the business. “We’ve always been cash rich, this is the first time ever, or at least in the past two to three decades that we’ve borrowed money,” said CMD of HAL Madhavan. First defence minister, to make this happen In Parliament she said, their Govt have given 1Lakh Cr projects to HAL; Link to comment Share on other sites More sharing options...
baabuu Posted January 5, 2019 Author Share Posted January 5, 2019 anthaku mundi govts entha ichayii entha margin lu ichayiii idi ela undiddi ante, 100 Rs ivvalsina chota 10Rs ichi, memu 10 Rs icham ani cheppukodam, kaani ivvalsina 100Rs gurinchi ekkada mention cheyyaru Link to comment Share on other sites More sharing options...
baabuu Posted January 5, 2019 Author Share Posted January 5, 2019 naaku telisi aa 1Lakh 50 years down the line ani ichi untaru,like how Nitin Gadkari anounced lakhs of lakhs projects in AP & TS, but not even 5% of the funds utilized until now Link to comment Share on other sites More sharing options...
Hello26 Posted January 5, 2019 Share Posted January 5, 2019 48 minutes ago, baabuu said: anthaku mundi govts entha ichayii entha margin lu ichayiii idi ela undiddi ante, 100 Rs ivvalsina chota 10Rs ichi, memu 10 Rs icham ani cheppukodam, kaani ivvalsina 100Rs gurinchi ekkada mention cheyyaru They followed the same strategy in case of AP also. All time worst Government and party in the history of India Link to comment Share on other sites More sharing options...
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