SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

FM rules out any roll-back in diesel, LPG and FDI decision

18 Sep 2012 Evaluate

Despite the hue and cry by the allies of the government and opposition, Finance Minister P Chidambaram has ruled out rolling back decisions on diesel, LPG and FDI in retail and has expressed confidence that the government faces no threat from allies either inside or outside.

Not only this, the Finance Minister said that the government will take more policy steps in the next one-and-half months to revive growth, ‘I am very confident that between now and October 30, the government is expected to take a number of additional policy measures and also lay out a plan of fiscal consolidation.’

Chidambaram also appreciated the RBI’s initiative of reduction in CRR by 0.25 per cent to unlock Rs 17,000 crore of banking funds and said that the response of RBI on October 30 will be far more supportive of growth. The Reserve Bank is scheduled to come out with second quarter monetary policy review on October 30.

However, he raised his apprehensions about fiscal deficit target not being achieved and said that we will be lucky if we can achieve the fiscal deficit target of 5.1 percent of GDP and conceded that there could be some slippage.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×