Forex Jobs in London in September 2020 Forex Job ...

Someone posted on here a few days ago asking about forex and forex trading in Kenya, I have gone through the responses and clearly, most people don’t have an idea. It is 3am in the morning and am in a good mood so let me make this post. This will be a comprehensive and lengthy post so grab a pen and paper and sit down. We’ll be here a while.
FIRST OF ALL, who am I..?
I am a forex trader, in Nairobi, Kenya..i have been actively involved in forex since I found out about it in Feb 2016 when I somehow ended up in a wealth creation seminar (lol) in pride inn Westlands, the one close to Mpaka Rd. Luckily for me, it was not one of those AIM global meetings or I’d be on Facebook selling God knows what those guys sell. I did not take it seriously till August of the same year and I have been active ever since.
I don’t teach, mentor or sell a course or signals, I trade my own money. I am also posting from a throwaway account because I don’t want KRA on my ass.
What the fuck is forex and forex trading.
In simple plain English, forex is like the stock market but for currencies. Stock Market = Shares, forex = currencies. If you want more in-depth explanation, google is your friend.
These currencies are pegged on specific countries, united states- dollar, UK- pound, euro zone- euro, Switzerland- Swiss franc, Kenya- Kenya shilling.. you get the point. Now, there are specific events and happenings between these economies that affect the movement and values of the currencies, driving their value (purchasing power up and down). Forex trading exploits these movements to make money. When the value is going up, we buy and vice versa (down –sell)
Is forex trading illegal in Kenya? Is it a scam?
Illegal, no. scam, no. All the banks in the world do it (KCB made about 4 billion from trading forex in 2019)
Have there been scams involving forex in Kenya?
Yes. Here is one that happened recently. This one is the most infamous one yet. Best believe that this is not the end of these type of scams because the stupidity, greed and gullibility of human beings is unfathomable.
However, by the end of this post, I hope you won’t fall for such silliness.
What next how do I make it work..?
Am glad you asked. Generally, there are two ways to go about it. One, you teach yourself. This is the equivalent of stealing our dad’s car and hoping that the pedal you hit is the brake and not the accelerator. It is the route I took, it is the most rewarding and a huge ego boost when you finally make it on your own. Typically, this involves scouring the internet for hours upon hours going down rabbit holes, thinking you have made it telling all your friends how you will be a millionaire then losing all your money. Some people do not have the stomach for that.
The second route is more practical, structured and smarter.
First Learn the basics. There is a free online forex course at www.babypips.com/learn/forex this is merely an introductory course. Basically it is learning the parts of a car before they let you inside the car.
Second, start building your strategy. By the time you are done with the babypips, you will have a feel of what the forex market is, what interests you, etc. Tip..Babypips has a lot of garbage. It is good for introductory purposes but not good for much else, pick whatever stick to you or jumps at you the first time. Nonsense like indicators should be ignored.
The next step is now the most important. Developing the skill and building your strategy. As a beginner, you want to exhaust your naivety before jumping into the more advanced stuff. Eg can you identify a trend, what is a pair, what is position sizing, what is metatrader 4 and how to operate it, what news is good for a currency, when can I trade, what are the different trading sessions, what is technical analysis, what is market sentiment, what are bullish conditions what is emotion management, how does my psychology affect my trading (more on this later) an I a swing, scalper or day trader etc
Mentors and forex courses.. you have probably seen people advertising how they can teach and mentor you on how to trade forex and charging so much money for it. Somehow it seems that these people are focused on the teaching than the trading. Weird, right..? Truth is trading is hard, teaching not quite. A common saying in the industry is “Those who can’t trade, teach” you want to avoid all these gurus on Facebook and Instagram, some are legit but most are not. Sifting the wheat from the chaff is hard but I did that for you. The info is available online on YouTube, telegram channels etc. am not saying not to spend money on a course, if you find a mentor whose style resonates with you and the course is reasonably priced, please, go ahead and buy..it will cut your learning curve in half. People are different. What worked for me might not work for you.
Here are some nice YouTube channels to watch. These guys are legit..

1. Sam sieden
   
2. Cuebanks
   
3. TheCoinFx
   
4. The trading channel
   
5. Astro
   
6. Forex family
   
7. Wicksdontlie
   

Advanced stuff

1. ICT

After a short period of time, you will be able to sniff out bs teachers with relative ease. You will also discover some of your own and expand the list. Two tips, start with the oldest videos first and whichever of these resonates with you, stick with till the wheels fall off.
How long will it take until things start making sense
Give yourself time to grow and learn. This is all new to you and you are allowed to make mistakes, to fail and discover yourself. Realistically, depending on the effort you put in, you will not start seeing results until after 6 months. Could take longeshorter so there is no guarantee.
Social media, Mentality, Psychology and Books
Online, forex trading might not have the best reputation online because it takes hard work and scammers and gurus give it a bad name. However, try to not get sucked into the Instagram trader lifestyle as it is nowhere close to what the reality is. You will not make millions tomorrow or the day after, you might never even make it in this market. But that is the reality of life. Nothing is promised, nothing is guaranteed.
Your mentality, beliefs and ego will be challenged in this market. You will learn things that will make you blood boil, you will ask yourself daily, how is this possible, why don’t they teach this in school..bla bla bla..it will be hard but growth is painful, if it wasn’t we’d all be billionaires. Take a break, take a walk, drink a glass of whatever you like or roll one..detox. Chill with your girl (or man) Gradually you will develop mental toughness that will set you up for life. Personally, I sorta ditched religion and picked up stoicism. Whatever works for you.
Psychology, this is unfortunately one of the most neglected aspects of your personal development in this journey. Do you believe in yourself? Can you stand by your convictions when everyone is against you? Can you get up every day uncertain of the future? There will be moments where you will question yourself, am I even doing the right thing? the right way? It is normal and essential for your growth. People who played competitive sports have a natural advantage here. Remember the game is first won in your head then on the pitch.
Books: ironically, books that helped me the most were the mindset books, Think and grow rich, trading for a living, 4 hour work week, the monk who sold his Ferrari..just google mindset and psychology books, most trading books are garbage. Watch and listen to people who have made it in the investing business. Ray Dalio, warren, Bill Ackman and Carl Icahn.
This is turning out to be lengthier than I anticipated so I’ll try to be brief for the remaining parts.
Brokers
You will need to open up an account with a broker. Get a broker who is regulated. Australian ones (IC Market and Pepperstone) are both legit, reliable and regulated. Do your research. I’d avoid local ones because I’ve heard stories of wide spreads and liquidity problems. International brokers have never failed me. There are plenty brokers, there is no one size fits all recommendation. If it ain’t broke..don’t fix it.
Money transfer.
All brokers accept wire transfers, you might need to call your bank to authorize that, avoid Equity bank. Stanchart and Stanbic are alright. Large withdrawals $10k+ you will have to call them prior. Get Skrill and Neteller if you don’t like banks like me, set up a Bitcoin wallet for faster withdrawals, (Payoneer and Paypal are accepted by some brokers, just check with them.)
How much money can I make..?
I hate this question because people have perceived ceilings of income in their minds, eg 1 million ksh is too much to make per month or 10,000ksh is too little. Instead, work backwards. What % return did I make this month/ on this trade. Safaricom made 19.5% last year, if you make 20% you have outperformed them. If you reach of consistency where you can make x% per month on whatever money you have, then there are no limits to how much you can make.
How much money do I need to start with..?
Zero. You have all the resources above, go forth. There are brokers who provide free bonuses and withdraw-able profits. However, to make a fulltime income you will need some serious cash. Generally, 50,000 kes. You can start lower or higher but if you need say 20k to live comfortably and that is a 10% return per month, then you can do the math on how big your account should be. Of course things like compound interest come into play but that is dependent on your skill level. I have seen people do spectacular things with very little funds.
Taxes..?
Talk to a lawyer or an accountant. I am neither.
Family? Friends?
Unfortunately, people will not understand why you spend hundreds of hours watching strangers on the internet so it is best to keep it from them. Eventually you will make it work and they will come to your corner talking about how they always knew you’d make it.
The journey will be lonely, make some trading buddies along the way. You’d be surprised at how easy it is when people are united by their circumstances (and stupidity) I have guys who are my bros from South Africa and Lebanon who I have never met but we came up together and are now homies. Join forums, ask questions and grow. That is the only way to learn. Ideally, a group of 5-10 friends committed to learning and growth is the best model. Pushing each other to grow and discovering together.
Forex is real and you can do amazing things with it. It is not a get rich quick scheme. If you want a quick guaranteed income, get a job.
And now it is 5am, fuck.
This is oversimplified and leaves out many many aspects.
Happy to answer any questions.

1. Fragile five to Fastest growing economy - India
2. 11th largest to the 5th largest economy - India
3. Share of world GDP from 2.43% in 2014 to 3.08% in 2018
4. Average GDP 7.3% against 6.7% in previous regime
5. Forex reserves from 300 bn USD in 2014 to 420 bn USD in 2018
6. Doubling of FDI inflow from 36 bn USD in 2014 to 66 billion USD in 2018
7. Inflation less than 2.3 % (Nov 18) against 10.1% in 2014
8. Growth of sensex from 24,121.74 in 2014 to 36,395.03 on 12 Feb 19 (50.88%)
9. Fiscal deficit under control
10. Per capita income increased by 45% from Rs 86,647 in 2014 to Rs 1,25,397
11. IT exemption from 2 lakh in 2014 to 5 lakh (effectively 9.85 lakh with home loan)
12. Restaurant bills tax reduced from 18% in 2014 to 5%
13. Transaction charges through card down from 1% to 0%, domestic money transfer fee down from Rs 5 in 2014 to zero
14. Financial inclusion (32 crore bank accounts with 260 billion worth deposits). Almost 100% coverage from earlier 50%
15. DBT (savings of 83000 crores @ 15000 crore annually), No of govt schemes DBT applied to increased from 34 in 2014 to 433, 2.7 lakh fake mid-day meal students, 3.3 crore fake LPG connections, 87 lakh fake MNREGA job cards, 3 crore fake ration cards eliminated
16. Zero IT for businesses with turnover upto 60 lakhs
17. GST exemplifying cooperative federalism, rates of 83 items down from pre-GST rates, out of 1211 items only 35 items in above 18% slab, 39% reduction of cost of basic household items. Average 1 lk crore monthly revenue through GST collection. Exempted for business upto 40 lk
18. Insolvency and Bankruptcy Code, constitution of NCLT, 3 lakh crores of NPAs recovered, 66 cases resolved, 260 cases liquidated, resolution of stressed assets, 2100 companies pay back 83000 crore to banks settling their pending loan repayments
19. 75 billion $ or Yen to Rupee exchange agreement with Japan
20. 1 lakh shell companies deregistered, FCRA licenses of 4800 NGOs cancelled
21. Fugitive Economic Offenders Bill, properties of economic fugitives seized and auctioned
22. 1.9 lakh km of rural roads. Rural road connectivity at 91% from 55%
23. 36 new airports, from 65 in 7 decades to 106, all states now in air connectivity map
24. Effective international diplomacy following 59 visits to nations, 38 single, 10 double, 3 triple and 2 quadruple visits by PM.(Seen during Airstrikes,No Country opposed India)
25. Benami Act for action against Money Laundering
26. Rural sanitation coverage 95 % up from 39% (8.8 crore toilets)
27. Solar energy capacity increased 8 fold from 2.63 GW to 22 GW, 19. 8.5 GW of biogas grid installed.
28. Ganga waterway transportation, usage by shipping giant Maersk, cost of transportation reduced from 10/ton (road) / Rs 6/ton (rail) to Re 1/ton
29. More than 2.4 crore households lit up, rural electricity coverage to households up from 70 to 95%, only 19836 homes remain (in Chhatisgarh) out of 2,48,09,235
30. Electricity accessibility rank jump from 99 in 2014 to 26 in 2019
31. 7 crore new gas connections to 3.5 crore households u/69000 conections per day, coverage 90% from 55%, 82% return for refill, 42% beneficiaries Dalits
32. 14.4 crore mudra loans worth Rs 7 lakh crore disbursed
33. 18000 remote villages connected with electricity
34. 2.92 lakh km of optical fibre laid, 0.02% to 50% gram Panchayat connectivity
35. Swachh bharat mission has saved, according to WHO, 3 lakh lives and will save 1.5 lakh lives per year.
36. IT filers increase from 3.79 crore to 6.08 crore, enterprises registered for indirect tax up from 64 lk to 118 lakh
37. Entry of India in global regimes Missile Technology Control regime (MTCR), WA (Wassenaar Arrangement) and Australia Group
38. 17 crore soil health cards
39. 1.5 crore houses built, 91.37 crore in rural areas and 13.5 lakh in urban areas against 25 lakh houses built between 2010-2014. House for all target year is 2022.
40. 1,78,346 houses built in NE over existing 2875 houses built till 2014
41. Home loan interest rate down from 10.3 % in 2014 to 8.4% in 2018, annual savings of Rs 47,160 for 30 lakhs over 30 years, no GST on affordable housing, 5% on remaining
42. Trading agreement in rupee with Iran and UAE
43. Common service centres up from 84k to 3 Lakh
44. OROP implemented after 43 years, 35000 crores disbursed to 8 crore veterans
45. India's vaccination programme Indradhanush amongst 12 best practices of world
46. 5035 Jan Aushadhi and - 1054 medicines under price control (60-90% discounts).
47. More than 150 Amrit stores, reduction of cost of cromium cobalt Knee implant from 1.58-2.5 lakh to 54,720 and high flex implant from Rs181728 to 56490 (69%), 85% reduction in cardiac stent price to Rs 28000
48. 87% reduction in 400 cancer drugs
49. Rate of Interest on higher education loans dropped from 14.75 in 2013 to 10.88% in 2019, savings of 1.18 lakh on 10 lakh loan over tenure of 60 months, Rs 2000 savings on EMI
50. Data revolution: Cost of 1 GB $0.26 in India against $12.37 in US, $6.66 in UK and $75.2 in Zimbabwe. Unlimited mobile+ 45 Gb data = Rs 150 against Rs 1000 in 2013; annual savings of 10,200
51. Katra rail line work completed after 16 years
52. Dhola Sadiya bridge work completed after 16 years
53. Sardar Sarovar Dam work completed after 15 years
54. Aadhaar act
55. Pakyong airport completed after 10 years
56. Chennai Nashri Tunnel after 10 years
57. Assam NRC after 40 years
58. National War Memorial after 50 years
59. NE cpas after 60 years
60. Kollam bypass after 43 years
61. Indo-Bangladesh enclaves after 42 years
62. Bansagar canal project after 40 years
63. Bogibeel bridge after 23 years
64. Western peri expressway after 15 years
65. Kota Chambal bridge after 11 years
66. Maibang-Lumding Stretch completed
67. Delhi Meerut Expressway completed
68. Ganga Expressway project (world's longest) underway
69. Metros in Ahmedabad, Nagpur, Jaipur, Lucknow, Washermenpet
70. All umanned level crossings eliminated
71. Ayushman Bharat: annual 5 lakh health care to every family, 15.05 lakh hospital admissions for secondary/ tertiary treatment, 2.4 crore e-cards generated as on 10 Mar 19 in 170 days. Target 50 crore people.
72. 59minutes loan portal: 92,000 loan applications of MSME amounting to 30,000 crores approved, 6000 crores sanctioned till Nov 18
73. 87% of farming house (owning land of 2 hctrs) or 12 cr ppl to get kisaan sammaan nidhi of Rs 6000 pr year. Rs 5215 cr transferred directly to 2.6 crore farmers in 37 days (for households with holding less than 0.01 hectares incm per month so far was Rs 8136 agnst exp of 6594
74. 1.5 million electric rickshaws
75. Procurement of 36 Rafale on Government to Government Basis avoiding middlemen
76. 05 billion$ S 400 Triumf air defence missile system deal with Russia
77. 145 M777 howitzer deal
78. 22 Apache AH 64E multi-role combat helos
79. 200 KA-226T helicopters
80. 56 EADS CASA C-295 transport aircraft
81. 15 CH 47 Chinook tactical transport helicopters
82. 2.3 lakh Bullet proof jackets
83. 1.6 lakh Bullet-proof helmets
84. 777 mn USD Barak 8 LRSAM contract
85. 5 bn USD S-400 air defence systems
86. 10 Heron TP armed drones
87. 4 additional P8I MR aircraft
88. 40 units of Laser sensor border fence installed
89. 72,400 Sig Sauer Assault rifles
90. 100 self-propelled K9 Vajra howitzers
91. 700000 AK-103 Kalashnikov assault rifles indigenous facility
92. Surgical strikes in Myanmar, across LoC and in Pakistan. Only Country to bomb a Nuclear Powered Country
93. 240 million visitors at Kumbh Mela 2019, cost 4236 crores @ Rs 177 per tourist, revenue 1.2 Lakh crores
94. 833 teraflop supercomputer Param Shivay by IIT BHU at Rs 32.5 crores
95. Divisional status to Ladakh
96. 470 bed ESIC hospital in Ennore
97. 100 bed ESIC hospital in Tiruppur
98. Namami Gange - Ganga is 30% cleaner, 83 out of 97 ganga towns and 4456 villages achieved ODF status, 08 out of 16 drains emptying 16 crore l sewage into Ganga tapped. Target date Mar 2020
99. 5,45,122 ODF villages, 598 ODF districts, 27 ODF states/ villages
100. RERA implementation
101. Udaan scheme - flight cost down from Rs 5000/1000 km in 2013 to 3400/1000 km in 2018, 34 airports operationalised, small towns connected, all states on aerial
102. Preventive conservation of 39275570 folios, curative conservation of 3656863 filios, digitisation of 2.83 lakh manuscripts consisting of 2.93 crore pages
103. India is now world's largest 2-wheeler manufacturer, 2nd largest smartphone manufacturer (94% of mobiles sold now made in India), 4th largest automaker, 2nd largest steel producer
104. 5100 m Mandvi Bridge in Goa in 3.5 years
105. Ease of doing Business ranking jump from 134 in 2014 to 77 in 2019
106. Therubali - Singapur Bridge No 588
107. Restoration of Asurgarh Fort, Kalahandi
108. GeM portal with 731431 product categories, 180,862 registered sellers and 32114 govt buyers
109. 10% EWS reservation
110. 40% of ongoing 700 NH projects completed, adding 40,039 km between 2014-18 against 91,287 km between 1947-2014
111. Highway construction rate jumped from 12 km/day in 2014 to 27 km/day in 2019
112. 101 terrorists and 11 offenders extradited
113. 90,000 ex-partite Indians evacuated
114. Chabahar port, Sittwe port and Duqm port
115. Military installation in Seychelles
116. International logistics agreements with US, France and Singapore
117. Work underway on 25 MLD ZLD Common Effluent Treatment Plant at Gujarat Eco Textile Park and will save 25 million litres of water per day
118. Beautification of 65 railway stations, all stations fitted with LED lights, wi-fi, multi-brand food centres, kiosks, executive lounges, lifts (445 from 97 in 2014), escalators (603 from 199 in 2014), travellators and ramps
119. Record number of foot over bridges built
120. 871 new train services
121. 180 new rail lines
122. Dedicated railway freight corridor - 2 sections completed
123. 100% electrification of railways underway, first solar powered railway station (Guwahati). First solar powered train (world's second), savings of Rs 40 Lakhs and 90,000 ltrs diesel per year
124. Make in India semi-high-speed trains - Tejas, Gatiman and Vande Bharat
125. Humsafar and Antodaya trains, Deen Dayalu and Anubhuti coaches, UDAY double decker, glass dome Vistadome coaches
126. Project Swarn and Project Utkrisht to upgrade Rajdhani/Shatabdi and Mail/Express respectively
127. Largest coach production in world at ICF, Chennai
128. No more human extreta on railway tracks. Installation of 1.37 lakh out of 2.5 lakh completed in Jun 18.
129. 400 wi-fi railway stations (Aug 18)
130. 80% reduction in rail accidents
131. 10 high speed rail corridors underway, target date 2025-26
132. Export of world class customised coaches from MCF, Rae Bareli
133. LIC and Air India register profit
134. 2300 km rail tracks constructed, speed jumped from 4.1 km/day in 2014 to 6.53 km/day in 2018
135. Neem coating of urea
136. Gokul mission - record 160 million ton milk production
137. Online availability of CBSE and NCERT books
138. 10 crore LED bulbs distributed, 5000 crore savings
139. Investment in urban infrastructure jumped from 157703 crores to 795500 crores
140. Statue of Unity to commemorate Iron Man of India
141. Rs 2509 crore sales in Khadi
142. 482.36 million digital transactions worth Rs 74,978 crores in Oct 2018 against 0.3 million transactions worth Rs 90 crores in Nov 2016
143. 30% increase in ATMs, 208% increase of PoS machines from 10.81 lakh in May 14 to 33.32 lakh in Aug 18, 111% increase in credit cards from 1.94 crore in May 14 to 4.10 crore in Aug 18, 144% increase in debit cards from 40.17 crore to 98.02 crore
144. Ease of Doing Business Index 142 (2014) to 100 (2018)
145. Ease of getting electricity index 99 (2014) to 26 (2018)
146. UN's e-govt index 118 (2014) to 97(2018)
147. Globalisation index 112 to 107 (2018)
148. Innovation index 76 to 60 (2018)
149. Competitiveness index 71 to 39
150. Logistics performance index 54 to 35
151. Global peace index 141 to 137
152. DBR ranking 100 to 77
153. India ranks 3rd in global start up ecosystem
154. 06 crore jobs in MSME sector based on CII data
155. 448 million formal jobs based on EPFO, NPS and PPF data
156. 10 crore jobs in entrepreneurship via mudra and other schemes
157. 80% increase in tax payers, 51.3 % increase in gross tax revenue
158. Black Money report card - Voluntary income declaration scheme (Rs 65250 crore), IT search and survey operations (35,460 crore), Pradhan Mantri Garib Kalyan Yojana(5000 crore), Benami transactions Act (4300 crore), Black Money and Imposition of Tax Act (4100 crore)

160 Rs 6000 financial assiatence for pregnant women
161/1 . Sagarmala: port capacity increase from 8 to 14.7 lakh ton, cargo up from 89 to 116 MMT 8 new national waterways including ganga waterway NW-1 and Brahmaputra waterway NW-2.
161/2. domestic cruise service between Mumbai and Goa, ro-ro services on Ghoga-Dahej reducing travel distance from 294 to 31 km
161/3. New international cruise terminals at Chennai and Goa, railway line between Haridaspur and Paradip underway, LNG import terminal at Kamarajar port, Oil berth ai Jawahar Dweep,Coal berth at Mangalore port
161/4 . deep draft Iron ore berth at Paradip berth, JNPT SEZ, Kandla and Paradip smart industrial port city, largest dry dock and international ship repair facility at CSL, modernisation of 17 fishing harbours

1. 800 km Delhi-Mumbai Expressway underway
   
2. Replacement of bio-toilets with upgraded vacuum bio toilets in trains underway. Order for 500 placed on experimental basis.
   
3. No terror strikes in hinterland
   
4. 103 new KVs
   
5. 62 new Navodaya Vidyalayas
   
6. 6 new IITs against 16 in previous 57 years
   
7. 6 new IIMs against 13 in previous 57 years
   
8. 7 IIITs against 7 in previous 57 years
   
9. 02 new IISER
   
10. 12 new AIIMS against 7 in previous 57 years.
    
11. 141 new universities against 30 in previous 57 years
    
12. 01 new NIT
    
13. Life Insurances @ Rs 12 annual and @ Rs 12 monthly premiums
    
14. Atal Pension Yojana
    
15. Pension to 42 crore people of unorganised sector
    
16. Ambedkar memorial
    
17. BHIM application for digital payments
    
18. Khelo India Initiative for tracking of athletes' development, Rs 5 lk per annum scholarship for 1000 budding athletes per year for eight years each; monthly Rs 50000 out-of -pocket exptr, 2000 PETs, salary cap of coaches doubled from Rs 1-2 lk per month, target 15 yrs
    
19. Special Task Force for Olympics
    
20. RERA Act
    
21. Bullet train maiden project
    

182/1. Rs 6.92 lakh crore Bharatmala project, 44 economic corridors with 9000 km road, 2000 km port connectivity, 9000km roads to connect district HQs with NH,
182/2. 2000 km road with Nepal, Bhutan, Bangladesh and Myanmar, opening up of 185 choke points, road development to char dham, 12 greenfield expressways spanning 1900 km

1. 36 murtis retrieved and brought back to India in 2014-2019 under India Pride Project against 02 between 2000-2013, 02 in 90s, 03 in 80s, 01 in 70s and nil in 50s and 60s
   
2. Unemployment rate 3.8% against 13.8 % in 2013
   
3. India is a less-cash society now
   
4. Develpment of Trincomalee and Columbo port while checkmating China's Hambantota by taking operations of near by (15 km away) Mattala Rajapaksha International Airport
   
5. Plugging the 'double taxation avoidance' black money loophole through a new tax agreement with Mauritius
   
6. Deal with Switzerland for automatic tax data sharing from 01 Jan 2019
   

189/1 Varanasi - Varanasi ring road phase 1 completed, phase 2 underway, inland waterways terminal, Babatpur airport highway, 140 MLD Dinaput STP, facelift to railway station, big cow shelter for stray cattle, BPO centre, piped gas project, Varanasi-Balia rail project,
189/2. Vande Bharat Express, Kashi Vishwanath temple - Ganga Ghat corridor project, renovation of all bathings ghats, LED illuminations of ghats and major roads, underground electricity cabling,
189/3. new sewage plants, 02 cancer treatment facilities, 65th to 29th rank in swachhata sarvekshan (2016), 90% ODF district.

1. Creation of 100 Smart cities, 100 crore per year per city for 05 years, 500 acres for retrofitting, 50 acres for redevelopment, 250 acres for green field projects, 10% of energy from renewable resources, 80% of green building construction, special purpose vehicles.

191/1 Development of 500 AMRUT cities underway, urbanization project of rejuvenation and transformation which includes beach front development, prevention of beach erosion, improvement of water supply, replacement of pipelines,
191/2. New sewerage connections, greenery and open spaces, digital and smart facilities, e-governance, LED streetlights, public transport, storm water drainage projects in a phased manner, Target date 2022

1. Increase in Child Sex Ratio (CSR) in 104 BBBP (Beti Bachao Beti Padhao) districts, anti-natal care registration in 119 districts and institutional deliveries in 146 out of total 640 districts as in Mar 18. CSR of Haryana increased from 871 to 914.
   
2. International Yoga Day
   
3. Aspirational Districts Programme: 115 'backward' districts placed under 'prabharis' and for competitive development on the basis of 49 performance indicators, target year 2022.
   

195/1. Make in India: 16.4 lakh crore investment committments, 1.5 lakh crore investment inquiries, 60 bn USD FDI, 26 sectors covered, 23 positions jump in World Bank's Doing Business Report (DBR), 32 places in WEF's Global Competitiveness Index (GCI),
195/2 19 places in Logistics Performance Index, 42 places in Ease of Doing Business index, schemes include Bharatmala, Sagarmala, dedicate freight corridors, industrial corridors, UDAN-RCS, Bharat Broadband Network, Digital India.

1. 251 Passport Seva Kendras (PSKs) and Post Office Passport Seva kendras (POPSKs) against 77 till 2014, target of one PSK every 50 km across India.
   
2. Unanimous election of Justice Dalveer Bhandari to ICJ forcing UK to pull out own nominee Christopher Greenwood, demonstrating India's clout in international arena.
   
3. India Post Payments Bank: India's biggest banking outreach with 1.55 lakh post offices (2.5 times banking network) linked to IPPB system
   
4. Philip Kotler award, Seoul Peace prize, Champion of the Earth Award, Grand Collar of the State of Palestine, Amir Abdulla Khan Award, King Abdulaziz Sash award, Amir Amanullah Khan award.
   
5. 1900 gifts and memorabilia received by Modi auctioned and 11.7 crores added to Namami Gange fund, 1.4 c of Seoul Peace award also to Nammami Gange.
   

New Adds

1. Removal of article 370 and thereby also 35a after several decades.
   
2. Giving citizenship to persecuted minorities in Pakistan, Bangladesh and Afghanistan through passing of CAA.
   
3. Trust for creation of Ram Mandir underway.
   
4. Abolishment of Haj subsidy.
   
5. Abolishment and criminalization of instant triple talak.
   
6. Deal with Bodo community.
   
7. Getting Maulana Masood Azhar listed as an UN designated terrorist.
   

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Source - https://www.reddit.com/IndiaRWResources/comments/bgkus6/200_achievements_of_modi_govt/
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List more achievements in the comment section and lets make the list bigger, a big thank you to our fallen kar sevak u/Alive_Firefighter

1. Fragile five to Fastest growing economy - India
   
2. 11th largest to the 5th largest economy - India
   
3. Share of world GDP from 2.43% in 2014 to 3.08% in 2018
   
4. Average GDP 7.3% against 6.7% in previous regime
   
5. Forex reserves from 300 bn USD in 2014 to 420 bn USD in 2018
   
6. Doubling of FDI inflow from 36 bn USD in 2014 to 66 billion USD in 2018
   
7. Inflation less than 2.3 % (Nov 18) against 10.1% in 2014
   
8. Growth of sensex from 24,121.74 in 2014 to 36,395.03 on 12 Feb 19 (50.88%)
   
9. Fiscal deficit under control
   
10. Per capita income increased by 45% from Rs 86,647 in 2014 to Rs 1,25,397
    
11. IT exemption from 2 lakh in 2014 to 5 lakh (effectively 9.85 lakh with home loan)
    
12. Restaurant bills tax reduced from 18% in 2014 to 5%
    
13. Transaction charges through card down from 1% to 0%, domestic money transfer fee down from Rs 5 in 2014 to zero
    
14. Financial inclusion (32 crore bank accounts with 260 billion worth deposits). Almost 100% coverage from earlier 50%
    
15. DBT (savings of 83000 crores @ 15000 crore annually), No of govt schemes DBT applied to increased from 34 in 2014 to 433, 2.7 lakh fake mid-day meal students, 3.3 crore fake LPG connections, 87 lakh fake MNREGA job cards, 3 crore fake ration cards eliminated
    
16. Zero IT for businesses with turnover upto 60 lakhs
    
17. GST exemplifying cooperative federalism, rates of 83 items down from pre-GST rates, out of 1211 items only 35 items in above 18% slab, 39% reduction of cost of basic household items. Average 1 lk crore monthly revenue through GST collection. Exempted for business upto 40 lk
    
18. Insolvency and Bankruptcy Code, constitution of NCLT, 3 lakh crores of NPAs recovered, 66 cases resolved, 260 cases liquidated, resolution of stressed assets, 2100 companies pay back 83000 crore to banks settling their pending loan repayments
    
19. 75 billion $ or Yen to Rupee exchange agreement with Japan
    
20. 1 lakh shell companies deregistered, FCRA licenses of 4800 NGOs cancelled
    
21. Fugitive Economic Offenders Bill, properties of economic fugitives seized and auctioned
    
22. 1.9 lakh km of rural roads. Rural road connectivity at 91% from 55%
    
23. 36 new airports, from 65 in 7 decades to 106, all states now in air connectivity map
    
24. Effective international diplomacy following 59 visits to nations, 38 single, 10 double, 3 triple and 2 quadruple visits by PM.(Seen during Airstrikes,No Country opposed India)
    
25. Benami Act for action against Money Laundering
    
26. Rural sanitation coverage 95 % up from 39% (8.8 crore toilets)
    
27. Solar energy capacity increased 8 fold from 2.63 GW to 22 GW, 19. 8.5 GW of biogas grid installed.
    
28. Ganga waterway transportation, usage by shipping giant Maersk, cost of transportation reduced from 10/ton (road) / Rs 6/ton (rail) to Re 1/ton
    
29. More than 2.4 crore households lit up, rural electricity coverage to households up from 70 to 95%, only 19836 homes remain (in Chhatisgarh) out of 2,48,09,235
    
30. Electricity accessibility rank jump from 99 in 2014 to 26 in 2019
    
31. 7 crore new gas connections to 3.5 crore households @69000 conections per day, coverage 90% from 55%, 82% return for refill, 42% beneficiaries Dalits
    
32. 14.4 crore mudra loans worth Rs 7 lakh crore disbursed
    
33. 18000 remote villages connected with electricity
    
34. 2.92 lakh km of optical fibre laid, 0.02% to 50% gram Panchayat connectivity
    
35. Swachh bharat mission has saved, according to WHO, 3 lakh lives and will save 1.5 lakh lives per year.
    
36. IT filers increase from 3.79 crore to 6.08 crore, enterprises registered for indirect tax up from 64 lk to 118 lakh
    
37. Entry of India in global regimes Missile Technology Control regime (MTCR), WA (Wassenaar Arrangement) and Australia Group
    
38. 17 crore soil health cards
    
39. 1.5 crore houses built, 91.37 crore in rural areas and 13.5 lakh in urban areas against 25 lakh houses built between 2010-2014. House for all target year is 2022.
    
40. 1,78,346 houses built in NE over existing 2875 houses built till 2014
    
41. Home loan interest rate down from 10.3 % in 2014 to 8.4% in 2018, annual savings of Rs 47,160 for 30 lakhs over 30 years, no GST on affordable housing, 5% on remaining
    
42. Trading agreement in rupee with Iran and UAE
    
43. Common service centres up from 84k to 3 Lakh
    
44. OROP implemented after 43 years, 35000 crores disbursed to 8 crore veterans
    
45. India's vaccination programme Indradhanush amongst 12 best practices of world
    
46. 5035 Jan Aushadhi and - 1054 medicines under price control (60-90% discounts).
    
47. More than 150 Amrit stores, reduction of cost of cromium cobalt Knee implant from 1.58-2.5 lakh to 54,720 and high flex implant from Rs181728 to 56490 (69%), 85% reduction in cardiac stent price to Rs 28000
    
48. 87% reduction in 400 cancer drugs
    
49. Rate of Interest on higher education loans dropped from 14.75 in 2013 to 10.88% in 2019, savings of 1.18 lakh on 10 lakh loan over tenure of 60 months, Rs 2000 savings on EMI
    
50. Data revolution: Cost of 1 GB $0.26 in India against $12.37 in US, $6.66 in UK and $75.2 in Zimbabwe. Unlimited mobile+ 45 Gb data = Rs 150 against Rs 1000 in 2013; annual savings of 10,200
    
51. Katra rail line work completed after 16 years
    
52. Dhola Sadiya bridge work completed after 16 years
    
53. Sardar Sarovar Dam work completed after 15 years
    
54. Aadhaar act
    
55. Pakyong airport completed after 10 years
    
56. Chennai Nashri Tunnel after 10 years
    
57. Assam NRC after 40 years
    
58. National War Memorial after 50 years
    
59. NE cpas after 60 years
    
60. Kollam bypass after 43 years
    
61. Indo-Bangladesh enclaves after 42 years
    
62. Bansagar canal project after 40 years
    
63. Bogibeel bridge after 23 years
    
64. Western peri expressway after 15 years
    
65. Kota Chambal bridge after 11 years
    
66. Maibang-Lumding Stretch completed
    
67. Delhi Meerut Expressway completed
    
68. Ganga Expressway project (world's longest) underway
    
69. Metros in Ahmedabad, Nagpur, Jaipur, Lucknow, Washermenpet
    
70. All umanned level crossings eliminated
    
71. Ayushman Bharat: annual 5 lakh health care to every family, 15.05 lakh hospital admissions for secondary/ tertiary treatment, 2.4 crore e-cards generated as on 10 Mar 19 in 170 days. Target 50 crore people.
    
72. 59minutes loan portal: 92,000 loan applications of MSME amounting to 30,000 crores approved, 6000 crores sanctioned till Nov 18
    
73. 87% of farming house (owning land of 2 hctrs) or 12 cr ppl to get kisaan sammaan nidhi of Rs 6000 pr year. Rs 5215 cr transferred directly to 2.6 crore farmers in 37 days (for households with holding less than 0.01 hectares incm per month so far was Rs 8136 agnst exp of 6594
    
74. 1.5 million electric rickshaws
    
75. Procurement of 36 Rafale on Government to Government Basis avoiding middlemen
    
76. 05 billion$ S 400 Triumf air defence missile system deal with Russia
    
77. 145 M777 howitzer deal
    
78. 22 Apache AH 64E multi-role combat helos
    
79. 200 KA-226T helicopters
    
80. 56 EADS CASA C-295 transport aircraft
    
81. 15 CH 47 Chinook tactical transport helicopters
    
82. 2.3 lakh Bullet proof jackets
    
83. 1.6 lakh Bullet-proof helmets
    
84. 777 mn USD Barak 8 LRSAM contract
    
85. 5 bn USD S-400 air defence systems
    
86. 10 Heron TP armed drones
    
87. 4 additional P8I MR aircraft
    
88. 40 units of Laser sensor border fence installed
    
89. 72,400 Sig Sauer Assault rifles
    
90. 100 self-propelled K9 Vajra howitzers
    
91. 700000 AK-103 Kalashnikov assault rifles indigenous facility
    
92. Surgical strikes in Myanmar, across LoC and in Pakistan. Only Country to bomb a Nuclear Powered Country
    
93. 240 million visitors at Kumbh Mela 2019, cost 4236 crores @ Rs 177 per tourist, revenue 1.2 Lakh crores
    
94. 833 teraflop supercomputer Param Shivay by IIT BHU at Rs 32.5 crores
    
95. Divisional status to Ladakh
    
96. 470 bed ESIC hospital in Ennore
    
97. 100 bed ESIC hospital in Tiruppur
    
98. Namami Gange - Ganga is 30% cleaner, 83 out of 97 ganga towns and 4456 villages achieved ODF status, 08 out of 16 drains emptying 16 crore l sewage into Ganga tapped. Target date Mar 2020
    
99. 5,45,122 ODF villages, 598 ODF districts, 27 ODF states/ villages
    
100. RERA implementation
     
101. Udaan scheme - flight cost down from Rs 5000/1000 km in 2013 to 3400/1000 km in 2018, 34 airports operationalised, small towns connected, all states on aerial
     
102. Preventive conservation of 39275570 folios, curative conservation of 3656863 filios, digitisation of 2.83 lakh manuscripts consisting of 2.93 crore pages
     
103. India is now world's largest 2-wheeler manufacturer, 2nd largest smartphone manufacturer (94% of mobiles sold now made in India), 4th largest automaker, 2nd largest steel producer
     
104. 5100 m Mandvi Bridge in Goa in 3.5 years
     
105. Ease of doing Business ranking jump from 134 in 2014 to 77 in 2019
     
106. Therubali - Singapur Bridge No 588
     
107. Restoration of Asurgarh Fort, Kalahandi
     
108. GeM portal with 731431 product categories, 180,862 registered sellers and 32114 govt buyers
     
109. 10% EWS reservation
     
110. 40% of ongoing 700 NH projects completed, adding 40,039 km between 2014-18 against 91,287 km between 1947-2014
     
111. Highway construction rate jumped from 12 km/day in 2014 to 27 km/day in 2019
     
112. 101 terrorists and 11 offenders extradited
     
113. 90,000 ex-partite Indians evacuated
     
114. Chabahar port, Sittwe port and Duqm port
     
115. Military installation in Seychelles
     
116. International logistics agreements with US, France and Singapore
     
117. Work underway on 25 MLD ZLD Common Effluent Treatment Plant at Gujarat Eco Textile Park and will save 25 million litres of water per day
     
118. Beautification of 65 railway stations, all stations fitted with LED lights, wi-fi, multi-brand food centres, kiosks, executive lounges, lifts (445 from 97 in 2014), escalators (603 from 199 in 2014), travellators and ramps
     
119. Record number of foot over bridges built
     
120. 871 new train services
     
121. 180 new rail lines
     
122. Dedicated railway freight corridor - 2 sections completed
     
123. 100% electrification of railways underway, first solar powered railway station (Guwahati). First solar powered train (world's second), savings of Rs 40 Lakhs and 90,000 ltrs diesel per year
     
124. Make in India semi-high-speed trains - Tejas, Gatiman and Vande Bharat
     
125. Humsafar and Antodaya trains, Deen Dayalu and Anubhuti coaches, UDAY double decker, glass dome Vistadome coaches
     
126. Project Swarn and Project Utkrisht to upgrade Rajdhani/Shatabdi and Mail/Express respectively
     
127. Largest coach production in world at ICF, Chennai
     
128. No more human extreta on railway tracks. Installation of 1.37 lakh out of 2.5 lakh completed in Jun 18.
     
129. 400 wi-fi railway stations (Aug 18)
     
130. 80% reduction in rail accidents
     
131. 10 high speed rail corridors underway, target date 2025-26
     
132. Export of world class customised coaches from MCF, Rae Bareli
     
133. LIC and Air India register profit
     
134. 2300 km rail tracks constructed, speed jumped from 4.1 km/day in 2014 to 6.53 km/day in 2018
     
135. Neem coating of urea
     
136. Gokul mission - record 160 million ton milk production
     
137. Online availability of CBSE and NCERT books
     
138. 10 crore LED bulbs distributed, 5000 crore savings
     
139. Investment in urban infrastructure jumped from 157703 crores to 795500 crores
     
140. Statue of Unity to commemorate Iron Man of India
     
141. Rs 2509 crore sales in Khadi
     
142. 482.36 million digital transactions worth Rs 74,978 crores in Oct 2018 against 0.3 million transactions worth Rs 90 crores in Nov 2016
     
143. 30% increase in ATMs, 208% increase of PoS machines from 10.81 lakh in May 14 to 33.32 lakh in Aug 18, 111% increase in credit cards from 1.94 crore in May 14 to 4.10 crore in Aug 18, 144% increase in debit cards from 40.17 crore to 98.02 crore
     
144. Ease of Doing Business Index 142 (2014) to 100 (2018)
     
145. Ease of getting electricity index 99 (2014) to 26 (2018)
     
146. UN's e-govt index 118 (2014) to 97(2018)
     
147. Globalisation index 112 to 107 (2018)
     
148. Innovation index 76 to 60 (2018)
     
149. Competitiveness index 71 to 39
     
150. Logistics performance index 54 to 35
     
151. Global peace index 141 to 137
     
152. DBR ranking 100 to 77
     
153. India ranks 3rd in global start up ecosystem
     
154. 06 crore jobs in MSME sector based on CII data
     
155. 448 million formal jobs based on EPFO, NPS and PPF data
     
156. 10 crore jobs in entrepreneurship via mudra and other schemes
     
157. 80% increase in tax payers, 51.3 % increase in gross tax revenue
     
158. Black Money report card - Voluntary income declaration scheme (Rs 65250 crore), IT search and survey operations (35,460 crore), Pradhan Mantri Garib Kalyan Yojana(5000 crore), Benami transactions Act (4300 crore), Black Money and Imposition of Tax Act (4100 crore)
     

160 Rs 6000 financial assiatence for pregnant women
161/1 . Sagarmala: port capacity increase from 8 to 14.7 lakh ton, cargo up from 89 to 116 MMT 8 new national waterways including ganga waterway NW-1 and Brahmaputra waterway NW-2.
161/2. domestic cruise service between Mumbai and Goa, ro-ro services on Ghoga-Dahej reducing travel distance from 294 to 31 km
161/3. New international cruise terminals at Chennai and Goa, railway line between Haridaspur and Paradip underway, LNG import terminal at Kamarajar port, Oil berth ai Jawahar Dweep,Coal berth at Mangalore port
161/4 . deep draft Iron ore berth at Paradip berth, JNPT SEZ, Kandla and Paradip smart industrial port city, largest dry dock and international ship repair facility at CSL, modernisation of 17 fishing harbours

1. 800 km Delhi-Mumbai Expressway underway
   
2. Replacement of bio-toilets with upgraded vacuum bio toilets in trains underway. Order for 500 placed on experimental basis.
   
3. No terror strikes in hinterland
   
4. 103 new KVs
   
5. 62 new Navodaya Vidyalayas
   
6. 6 new IITs against 16 in previous 57 years
   
7. 6 new IIMs against 13 in previous 57 years
   
8. 7 IIITs against 7 in previous 57 years
   
9. 02 new IISER
   
10. 12 new AIIMS against 7 in previous 57 years.
    
11. 141 new universities against 30 in previous 57 years
    
12. 01 new NIT
    
13. Life Insurances @ Rs 12 annual and @ Rs 12 monthly premiums
    
14. Atal Pension Yojana
    
15. Pension to 42 crore people of unorganised sector
    
16. Ambedkar memorial
    
17. BHIM application for digital payments
    
18. Khelo India Initiative for tracking of athletes' development, Rs 5 lk per annum scholarship for 1000 budding athletes per year for eight years each; monthly Rs 50000 out-of -pocket exptr, 2000 PETs, salary cap of coaches doubled from Rs 1-2 lk per month, target 15 yrs
    
19. Special Task Force for Olympics
    
20. RERA Act
    
21. Bullet train maiden project
    

182/1. Rs 6.92 lakh crore Bharatmala project, 44 economic corridors with 9000 km road, 2000 km port connectivity, 9000km roads to connect district HQs with NH,
182/2. 2000 km road with Nepal, Bhutan, Bangladesh and Myanmar, opening up of 185 choke points, road development to char dham, 12 greenfield expressways spanning 1900 km

1. 36 murtis retrieved and brought back to India in 2014-2019 under India Pride Project against 02 between 2000-2013, 02 in 90s, 03 in 80s, 01 in 70s and nil in 50s and 60s
   
2. Unemployment rate 3.8% against 13.8 % in 2013
   
3. India is a less-cash society now
   
4. Develpment of Trincomalee and Columbo port while checkmating China's Hambantota by taking operations of near by (15 km away) Mattala Rajapaksha International Airport
   
5. Plugging the 'double taxation avoidance' black money loophole through a new tax agreement with Mauritius
   
6. Deal with Switzerland for automatic tax data sharing from 01 Jan 2019
   

189/1 Varanasi - Varanasi ring road phase 1 completed, phase 2 underway, inland waterways terminal, Babatpur airport highway, 140 MLD Dinaput STP, facelift to railway station, big cow shelter for stray cattle, BPO centre, piped gas project, Varanasi-Balia rail project,
189/2. Vande Bharat Express, Kashi Vishwanath temple - Ganga Ghat corridor project, renovation of all bathings ghats, LED illuminations of ghats and major roads, underground electricity cabling,
189/3. new sewage plants, 02 cancer treatment facilities, 65th to 29th rank in swachhata sarvekshan (2016), 90% ODF district.

1. Creation of 100 Smart cities, 100 crore per year per city for 05 years, 500 acres for retrofitting, 50 acres for redevelopment, 250 acres for green field projects, 10% of energy from renewable resources, 80% of green building construction, special purpose vehicles.

191/1 Development of 500 AMRUT cities underway, urbanization project of rejuvenation and transformation which includes beach front development, prevention of beach erosion, improvement of water supply, replacement of pipelines,
191/2. New sewerage connections, greenery and open spaces, digital and smart facilities, e-governance, LED streetlights, public transport, storm water drainage projects in a phased manner, Target date 2022

1. Increase in Child Sex Ratio (CSR) in 104 BBBP (Beti Bachao Beti Padhao) districts, anti-natal care registration in 119 districts and institutional deliveries in 146 out of total 640 districts as in Mar 18. CSR of Haryana increased from 871 to 914.
   
2. International Yoga Day
   
3. Aspirational Districts Programme: 115 'backward' districts placed under 'prabharis' and for competitive development on the basis of 49 performance indicators, target year 2022.
   

195/1. Make in India: 16.4 lakh crore investment committments, 1.5 lakh crore investment inquiries, 60 bn USD FDI, 26 sectors covered, 23 positions jump in World Bank's Doing Business Report (DBR), 32 places in WEF's Global Competitiveness Index (GCI),
195/2 19 places in Logistics Performance Index, 42 places in Ease of Doing Business index, schemes include Bharatmala, Sagarmala, dedicate freight corridors, industrial corridors, UDAN-RCS, Bharat Broadband Network, Digital India.

1. 251 Passport Seva Kendras (PSKs) and Post Office Passport Seva kendras (POPSKs) against 77 till 2014, target of one PSK every 50 km across India.
   
2. Unanimous election of Justice Dalveer Bhandari to ICJ forcing UK to pull out own nominee Christopher Greenwood, demonstrating India's clout in international arena.
   
3. India Post Payments Bank: India's biggest banking outreach with 1.55 lakh post offices (2.5 times banking network) linked to IPPB system
   
4. Philip Kotler award, Seoul Peace prize, Champion of the Earth Award, Grand Collar of the State of Palestine, Amir Abdulla Khan Award, King Abdulaziz Sash award, Amir Amanullah Khan award.
   
5. 1900 gifts and memorabilia received by Modi auctioned and 11.7 crores added to Namami Gange fund, 1.4 c of Seoul Peace award also to Nammami Gange.
   

1. Fragile five to Fastest growing economy - India
   
2. 11th largest to the 5th largest economy - India
   
3. Share of world GDP from 2.43% in 2014 to 3.08% in 2018
   
4. Average GDP 7.3% against 6.7% in previous regime
   
5. Forex reserves from 300 bn USD in 2014 to 420 bn USD in 2018
   
6. Doubling of FDI inflow from 36 bn USD in 2014 to 66 billion USD in 2018
   
7. Inflation less than 2.3 % (Nov 18) against 10.1% in 2014
   
8. Growth of sensex from 24,121.74 in 2014 to 36,395.03 on 12 Feb 19 (50.88%)
   
9. Fiscal deficit under control
   
10. Per capita income increased by 45% from Rs 86,647 in 2014 to Rs 1,25,397
    
11. IT exemption from 2 lakh in 2014 to 5 lakh (effectively 9.85 lakh with home loan)
    
12. Restaurant bills tax reduced from 18% in 2014 to 5%
    
13. Transaction charges through card down from 1% to 0%, domestic money transfer fee down from Rs 5 in 2014 to zero
    
14. Financial inclusion (32 crore bank accounts with 260 billion worth deposits). Almost 100% coverage from earlier 50%
    
15. DBT (savings of 83000 crores @ 15000 crore annually), No of govt schemes DBT applied to increased from 34 in 2014 to 433, 2.7 lakh fake mid-day meal students, 3.3 crore fake LPG connections, 87 lakh fake MNREGA job cards, 3 crore fake ration cards eliminated
    
16. Zero IT for businesses with turnover upto 60 lakhs
    
17. GST exemplifying cooperative federalism, rates of 83 items down from pre-GST rates, out of 1211 items only 35 items in above 18% slab, 39% reduction of cost of basic household items. Average 1 lk crore monthly revenue through GST collection. Exempted for business upto 40 lk
    
18. Insolvency and Bankruptcy Code, constitution of NCLT, 3 lakh crores of NPAs recovered, 66 cases resolved, 260 cases liquidated, resolution of stressed assets, 2100 companies pay back 83000 crore to banks settling their pending loan repayments
    
19. 75 billion $ or Yen to Rupee exchange agreement with Japan
    
20. 1 lakh shell companies deregistered, FCRA licenses of 4800 NGOs cancelled
    
21. Fugitive Economic Offenders Bill, properties of economic fugitives seized and auctioned
    
22. 1.9 lakh km of rural roads. Rural road connectivity at 91% from 55%
    
23. 36 new airports, from 65 in 7 decades to 106, all states now in air connectivity map
    
24. Effective international diplomacy following 59 visits to nations, 38 single, 10 double, 3 triple and 2 quadruple visits by PM.(Seen during Airstrikes,No Country opposed India)
    
25. Benami Act for action against Money Laundering
    
26. Rural sanitation coverage 95 % up from 39% (8.8 crore toilets)
    
27. Solar energy capacity increased 8 fold from 2.63 GW to 22 GW, 19. 8.5 GW of biogas grid installed.
    
28. Ganga waterway transportation, usage by shipping giant Maersk, cost of transportation reduced from 10/ton (road) / Rs 6/ton (rail) to Re 1/ton
    
29. More than 2.4 crore households lit up, rural electricity coverage to households up from 70 to 95%, only 19836 homes remain (in Chhatisgarh) out of 2,48,09,235
    
30. Electricity accessibility rank jump from 99 in 2014 to 26 in 2019
    
31. 7 crore new gas connections to 3.5 crore households @69000 conections per day, coverage 90% from 55%, 82% return for refill, 42% beneficiaries Dalits
    
32. 14.4 crore mudra loans worth Rs 7 lakh crore disbursed
    
33. 18000 remote villages connected with electricity
    
34. 2.92 lakh km of optical fibre laid, 0.02% to 50% gram Panchayat connectivity
    
35. Swachh bharat mission has saved, according to WHO, 3 lakh lives and will save 1.5 lakh lives per year.
    
36. IT filers increase from 3.79 crore to 6.08 crore, enterprises registered for indirect tax up from 64 lk to 118 lakh
    
37. Entry of India in global regimes Missile Technology Control regime (MTCR), WA (Wassenaar Arrangement) and Australia Group
    
38. 17 crore soil health cards
    
39. 1.5 crore houses built, 91.37 crore in rural areas and 13.5 lakh in urban areas against 25 lakh houses built between 2010-2014. House for all target year is 2022.
    
40. 1,78,346 houses built in NE over existing 2875 houses built till 2014
    
41. Home loan interest rate down from 10.3 % in 2014 to 8.4% in 2018, annual savings of Rs 47,160 for 30 lakhs over 30 years, no GST on affordable housing, 5% on remaining
    
42. Trading agreement in rupee with Iran and UAE
    
43. Common service centres up from 84k to 3 Lakh
    
44. OROP implemented after 43 years, 35000 crores disbursed to 8 crore veterans
    
45. India's vaccination programme Indradhanush amongst 12 best practices of world
    
46. 5035 Jan Aushadhi and - 1054 medicines under price control (60-90% discounts).
    
47. More than 150 Amrit stores, reduction of cost of cromium cobalt Knee implant from 1.58-2.5 lakh to 54,720 and high flex implant from Rs181728 to 56490 (69%), 85% reduction in cardiac stent price to Rs 28000
    
48. 87% reduction in 400 cancer drugs
    
49. Rate of Interest on higher education loans dropped from 14.75 in 2013 to 10.88% in 2019, savings of 1.18 lakh on 10 lakh loan over tenure of 60 months, Rs 2000 savings on EMI
    
50. Data revolution: Cost of 1 GB $0.26 in India against $12.37 in US, $6.66 in UK and $75.2 in Zimbabwe. Unlimited mobile+ 45 Gb data = Rs 150 against Rs 1000 in 2013; annual savings of 10,200
    
51. Katra rail line work completed after 16 years
    
52. Dhola Sadiya bridge work completed after 16 years
    
53. Sardar Sarovar Dam work completed after 15 years
    
54. Aadhaar act
    
55. Pakyong airport completed after 10 years
    
56. Chennai Nashri Tunnel after 10 years
    
57. Assam NRC after 40 years
    
58. National War Memorial after 50 years
    
59. NE cpas after 60 years
    
60. Kollam bypass after 43 years
    
61. Indo-Bangladesh enclaves after 42 years
    
62. Bansagar canal project after 40 years
    
63. Bogibeel bridge after 23 years
    
64. Western peri expressway after 15 years
    
65. Kota Chambal bridge after 11 years
    
66. Maibang-Lumding Stretch completed
    
67. Delhi Meerut Expressway completed
    
68. Ganga Expressway project (world's longest) underway
    
69. Metros in Ahmedabad, Nagpur, Jaipur, Lucknow, Washermenpet
    
70. All umanned level crossings eliminated
    
71. Ayushman Bharat: annual 5 lakh health care to every family, 15.05 lakh hospital admissions for secondary/ tertiary treatment, 2.4 crore e-cards generated as on 10 Mar 19 in 170 days. Target 50 crore people.
    
72. 59minutes loan portal: 92,000 loan applications of MSME amounting to 30,000 crores approved, 6000 crores sanctioned till Nov 18
    
73. 87% of farming house (owning land of 2 hctrs) or 12 cr ppl to get kisaan sammaan nidhi of Rs 6000 pr year. Rs 5215 cr transferred directly to 2.6 crore farmers in 37 days (for households with holding less than 0.01 hectares incm per month so far was Rs 8136 agnst exp of 6594
    
74. 1.5 million electric rickshaws
    
75. Procurement of 36 Rafale on Government to Government Basis avoiding middlemen
    
76. 05 billion$ S 400 Triumf air defence missile system deal with Russia
    
77. 145 M777 howitzer deal
    
78. 22 Apache AH 64E multi-role combat helos
    
79. 200 KA-226T helicopters
    
80. 56 EADS CASA C-295 transport aircraft
    
81. 15 CH 47 Chinook tactical transport helicopters
    
82. 2.3 lakh Bullet proof jackets
    
83. 1.6 lakh Bullet-proof helmets
    
84. 777 mn USD Barak 8 LRSAM contract
    
85. 5 bn USD S-400 air defence systems
    
86. 10 Heron TP armed drones
    
87. 4 additional P8I MR aircraft
    
88. 40 units of Laser sensor border fence installed
    
89. 72,400 Sig Sauer Assault rifles
    
90. 100 self-propelled K9 Vajra howitzers
    
91. 700000 AK-103 Kalashnikov assault rifles indigenous facility
    
92. Surgical strikes in Myanmar, across LoC and in Pakistan. Only Country to bomb a Nuclear Powered Country
    
93. 240 million visitors at Kumbh Mela 2019, cost 4236 crores @ Rs 177 per tourist, revenue 1.2 Lakh crores
    
94. 833 teraflop supercomputer Param Shivay by IIT BHU at Rs 32.5 crores
    
95. Divisional status to Ladakh
    
96. 470 bed ESIC hospital in Ennore
    
97. 100 bed ESIC hospital in Tiruppur
    
98. Namami Gange - Ganga is 30% cleaner, 83 out of 97 ganga towns and 4456 villages achieved ODF status, 08 out of 16 drains emptying 16 crore l sewage into Ganga tapped. Target date Mar 2020
    
99. 5,45,122 ODF villages, 598 ODF districts, 27 ODF states/ villages
    
100. RERA implementation
     
101. Udaan scheme - flight cost down from Rs 5000/1000 km in 2013 to 3400/1000 km in 2018, 34 airports operationalised, small towns connected, all states on aerial
     
102. Preventive conservation of 39275570 folios, curative conservation of 3656863 filios, digitisation of 2.83 lakh manuscripts consisting of 2.93 crore pages
     
103. India is now world's largest 2-wheeler manufacturer, 2nd largest smartphone manufacturer (94% of mobiles sold now made in India), 4th largest automaker, 2nd largest steel producer
     
104. 5100 m Mandvi Bridge in Goa in 3.5 years
     
105. Ease of doing Business ranking jump from 134 in 2014 to 77 in 2019
     
106. Therubali - Singapur Bridge No 588
     
107. Restoration of Asurgarh Fort, Kalahandi
     
108. GeM portal with 731431 product categories, 180,862 registered sellers and 32114 govt buyers
     
109. 10% EWS reservation
     
110. 40% of ongoing 700 NH projects completed, adding 40,039 km between 2014-18 against 91,287 km between 1947-2014
     
111. Highway construction rate jumped from 12 km/day in 2014 to 27 km/day in 2019
     
112. 101 terrorists and 11 offenders extradited
     
113. 90,000 ex-partite Indians evacuated
     
114. Chabahar port, Sittwe port and Duqm port
     
115. Military installation in Seychelles
     
116. International logistics agreements with US, France and Singapore
     
117. Work underway on 25 MLD ZLD Common Effluent Treatment Plant at Gujarat Eco Textile Park and will save 25 million litres of water per day
     
118. Beautification of 65 railway stations, all stations fitted with LED lights, wi-fi, multi-brand food centres, kiosks, executive lounges, lifts (445 from 97 in 2014), escalators (603 from 199 in 2014), travellators and ramps
     
119. Record number of foot over bridges built
     
120. 871 new train services
     
121. 180 new rail lines
     
122. Dedicated railway freight corridor - 2 sections completed
     
123. 100% electrification of railways underway, first solar powered railway station (Guwahati). First solar powered train (world's second), savings of Rs 40 Lakhs and 90,000 ltrs diesel per year
     
124. Make in India semi-high-speed trains - Tejas, Gatiman and Vande Bharat
     
125. Humsafar and Antodaya trains, Deen Dayalu and Anubhuti coaches, UDAY double decker, glass dome Vistadome coaches
     
126. Project Swarn and Project Utkrisht to upgrade Rajdhani/Shatabdi and Mail/Express respectively
     
127. Largest coach production in world at ICF, Chennai
     
128. No more human extreta on railway tracks. Installation of 1.37 lakh out of 2.5 lakh completed in Jun 18.
     
129. 400 wi-fi railway stations (Aug 18)
     
130. 80% reduction in rail accidents
     
131. 10 high speed rail corridors underway, target date 2025-26
     
132. Export of world class customised coaches from MCF, Rae Bareli
     
133. LIC and Air India register profit
     
134. 2300 km rail tracks constructed, speed jumped from 4.1 km/day in 2014 to 6.53 km/day in 2018
     
135. Neem coating of urea
     
136. Gokul mission - record 160 million ton milk production
     
137. Online availability of CBSE and NCERT books
     
138. 10 crore LED bulbs distributed, 5000 crore savings
     
139. Investment in urban infrastructure jumped from 157703 crores to 795500 crores
     
140. Statue of Unity to commemorate Iron Man of India
     
141. Rs 2509 crore sales in Khadi
     
142. 482.36 million digital transactions worth Rs 74,978 crores in Oct 2018 against 0.3 million transactions worth Rs 90 crores in Nov 2016
     
143. 30% increase in ATMs, 208% increase of PoS machines from 10.81 lakh in May 14 to 33.32 lakh in Aug 18, 111% increase in credit cards from 1.94 crore in May 14 to 4.10 crore in Aug 18, 144% increase in debit cards from 40.17 crore to 98.02 crore
     
144. Ease of Doing Business Index 142 (2014) to 100 (2018)
     
145. Ease of getting electricity index 99 (2014) to 26 (2018)
     
146. UN's e-govt index 118 (2014) to 97(2018)
     
147. Globalisation index 112 to 107 (2018)
     
148. Innovation index 76 to 60 (2018)
     
149. Competitiveness index 71 to 39
     
150. Logistics performance index 54 to 35
     
151. Global peace index 141 to 137
     
152. DBR ranking 100 to 77
     
153. India ranks 3rd in global start up ecosystem
     
154. 06 crore jobs in MSME sector based on CII data
     
155. 448 million formal jobs based on EPFO, NPS and PPF data
     
156. 10 crore jobs in entrepreneurship via mudra and other schemes
     
157. 80% increase in tax payers, 51.3 % increase in gross tax revenue
     
158. Black Money report card - Voluntary income declaration scheme (Rs 65250 crore), IT search and survey operations (35,460 crore), Pradhan Mantri Garib Kalyan Yojana(5000 crore), Benami transactions Act (4300 crore), Black Money and Imposition of Tax Act (4100 crore)
     

160 Rs 6000 financial assiatence for pregnant women
161/1 . Sagarmala: port capacity increase from 8 to 14.7 lakh ton, cargo up from 89 to 116 MMT 8 new national waterways including ganga waterway NW-1 and Brahmaputra waterway NW-2.
161/2. domestic cruise service between Mumbai and Goa, ro-ro services on Ghoga-Dahej reducing travel distance from 294 to 31 km
161/3. New international cruise terminals at Chennai and Goa, railway line between Haridaspur and Paradip underway, LNG import terminal at Kamarajar port, Oil berth ai Jawahar Dweep,Coal berth at Mangalore port
161/4 . deep draft Iron ore berth at Paradip berth, JNPT SEZ, Kandla and Paradip smart industrial port city, largest dry dock and international ship repair facility at CSL, modernisation of 17 fishing harbours

1. 800 km Delhi-Mumbai Expressway underway
   
2. Replacement of bio-toilets with upgraded vacuum bio toilets in trains underway. Order for 500 placed on experimental basis.
   
3. No terror strikes in hinterland
   
4. 103 new KVs
   
5. 62 new Navodaya Vidyalayas
   
6. 6 new IITs against 16 in previous 57 years
   
7. 6 new IIMs against 13 in previous 57 years
   
8. 7 IIITs against 7 in previous 57 years
   
9. 02 new IISER
   
10. 12 new AIIMS against 7 in previous 57 years.
    
11. 141 new universities against 30 in previous 57 years
    
12. 01 new NIT
    
13. Life Insurances @ Rs 12 annual and @ Rs 12 monthly premiums
    
14. Atal Pension Yojana
    
15. Pension to 42 crore people of unorganised sector
    
16. Ambedkar memorial
    
17. BHIM application for digital payments
    
18. Khelo India Initiative for tracking of athletes' development, Rs 5 lk per annum scholarship for 1000 budding athletes per year for eight years each; monthly Rs 50000 out-of -pocket exptr, 2000 PETs, salary cap of coaches doubled from Rs 1-2 lk per month, target 15 yrs
    
19. Special Task Force for Olympics
    
20. RERA Act
    
21. Bullet train maiden project
    

182/1. Rs 6.92 lakh crore Bharatmala project, 44 economic corridors with 9000 km road, 2000 km port connectivity, 9000km roads to connect district HQs with NH,
182/2. 2000 km road with Nepal, Bhutan, Bangladesh and Myanmar, opening up of 185 choke points, road development to char dham, 12 greenfield expressways spanning 1900 km

1. 36 murtis retrieved and brought back to India in 2014-2019 under India Pride Project against 02 between 2000-2013, 02 in 90s, 03 in 80s, 01 in 70s and nil in 50s and 60s
   
2. Unemployment rate 3.8% against 13.8 % in 2013
   
3. India is a less-cash society now
   
4. Develpment of Trincomalee and Columbo port while checkmating China's Hambantota by taking operations of near by (15 km away) Mattala Rajapaksha International Airport
   
5. Plugging the 'double taxation avoidance' black money loophole through a new tax agreement with Mauritius
   
6. Deal with Switzerland for automatic tax data sharing from 01 Jan 2019
   

189/1 Varanasi - Varanasi ring road phase 1 completed, phase 2 underway, inland waterways terminal, Babatpur airport highway, 140 MLD Dinaput STP, facelift to railway station, big cow shelter for stray cattle, BPO centre, piped gas project, Varanasi-Balia rail project,
189/2. Vande Bharat Express, Kashi Vishwanath temple - Ganga Ghat corridor project, renovation of all bathings ghats, LED illuminations of ghats and major roads, underground electricity cabling,
189/3. new sewage plants, 02 cancer treatment facilities, 65th to 29th rank in swachhata sarvekshan (2016), 90% ODF district.

1. Creation of 100 Smart cities, 100 crore per year per city for 05 years, 500 acres for retrofitting, 50 acres for redevelopment, 250 acres for green field projects, 10% of energy from renewable resources, 80% of green building construction, special purpose vehicles.

191/1 Development of 500 AMRUT cities underway, urbanization project of rejuvenation and transformation which includes beach front development, prevention of beach erosion, improvement of water supply, replacement of pipelines,
191/2. New sewerage connections, greenery and open spaces, digital and smart facilities, e-governance, LED streetlights, public transport, storm water drainage projects in a phased manner, Target date 2022

1. Increase in Child Sex Ratio (CSR) in 104 BBBP (Beti Bachao Beti Padhao) districts, anti-natal care registration in 119 districts and institutional deliveries in 146 out of total 640 districts as in Mar 18. CSR of Haryana increased from 871 to 914.
   
2. International Yoga Day
   
3. Aspirational Districts Programme: 115 'backward' districts placed under 'prabharis' and for competitive development on the basis of 49 performance indicators, target year 2022.
   

195/1. Make in India: 16.4 lakh crore investment committments, 1.5 lakh crore investment inquiries, 60 bn USD FDI, 26 sectors covered, 23 positions jump in World Bank's Doing Business Report (DBR), 32 places in WEF's Global Competitiveness Index (GCI),
195/2 19 places in Logistics Performance Index, 42 places in Ease of Doing Business index, schemes include Bharatmala, Sagarmala, dedicate freight corridors, industrial corridors, UDAN-RCS, Bharat Broadband Network, Digital India.

1. 251 Passport Seva Kendras (PSKs) and Post Office Passport Seva kendras (POPSKs) against 77 till 2014, target of one PSK every 50 km across India.
   
2. Unanimous election of Justice Dalveer Bhandari to ICJ forcing UK to pull out own nominee Christopher Greenwood, demonstrating India's clout in international arena.
   
3. India Post Payments Bank: India's biggest banking outreach with 1.55 lakh post offices (2.5 times banking network) linked to IPPB system
   
4. Philip Kotler award, Seoul Peace prize, Champion of the Earth Award, Grand Collar of the State of Palestine, Amir Abdulla Khan Award, King Abdulaziz Sash award, Amir Amanullah Khan award.
   
5. 1900 gifts and memorabilia received by Modi auctioned and 11.7 crores added to Namami Gange fund, 1.4 c of Seoul Peace award also to Nammami Gange.
   

Alright people, here it is, I am now going to try and explain the whole rupee fall phenomenon as simply as I can. We're going to first try and discuss the concepts involved here and then look at what our policy makers have done. Here's hoping that you last till the end cause it was quite a lot of effort.
Why am I doing this?
I am tired of all the lame rupee fall jokes that flooded my WhatsApp last week. I am tired of all the people telling the government to 'Make it stop!' (Spoiler: It's not that simple). Also, I am going to get out in the job market soon and am too lazy to brush up my basics in a formal way. The prospect of educating fellow redditors makes it worth the effort.
Why should you read all of this?
Because you care and by the end of this, hopefully, you'll be able to talk about this in a smarter way which will potentially improve your chances with that girl.
It is likely that you may already know the answers to some of the questions here. Go right ahead and skip them because I am trying to do an ELI5 here.
Let's take it from the top.
What is a foreign exchange rate?
It is the rate at which one currency will be exchanged with another.
Why do foreign exchange rates exist?
Simply because the currency of one country will not be accepted in another. We have a lot of countries and we have a lot of currencies and judging by the feeds on facebook, people travel a lot.
Fun fact#1: The US dollar and the Euro account for approximately 50 percent of all currency exchange transactions in the world. Adding British pounds, Canadian dollars, Australian dollars, and Japanese yen to the list accounts for over 80 percent of currency exchanges altogether.
Who or what decides the exchange rate between two currencies?
On a fundamental level, The value of currency, like the price of any other good or service, depends on its demand and supply. And demand for a currency, say, the US dollar, typically comes from Indian importers, people or institutions that invest in the US and travellers to the US. All these agents require dollars for transacting in the US.
Analogously, exporters to the US, travellers to India and investor inflows supply US dollars in return for rupees to transact in India. If the demand for the rupee decreases compared to, say, the US dollar, the value of the rupee goes down, and vice-versa
So, it's all driven by market (buyers and sellers) forces?
No, There are other factors too. But we'll take them up when we're discussing the Indian context.
What role does something like RBI do in all this?
To understand this, we're going to dive into a little bit of theory. Broadly speaking, there are two ways of handling your currency's exchange rate:
A. The Floating Exchange Rate: The market determines a floating exchange rate. In other words, a currency is worth whatever buyers are willing to pay for it. This is determined by supply and demand, which is in turn driven by foreign investment, import/export ratios, inflation, and a host of other economic factors. Generally, countries with mature, stable economic markets will use a floating system. Virtually every major nation uses this system. Floating exchange rates are considered more efficient, because the market will automatically correct the rate to reflect inflation and other economic forces.
The floating system isn't perfect, though. If a country's economy suffers from instability, a floating system will discourage investment. Investors could fall victim to wild swings in the exchange rates, as well as disastrous inflation.
Did that previous paragraph ring a bell? Interestingly though, we don't follow a floating rate system.
Fun fact#2: Canada is the only country whose currency's value is determined absolutely and entirely by the foreign exchange market or as we just learned, by means of a 'floating exchange rate'. Their Central Bank has never intervened in years.
B. The Fixed or Pegged Exchange Rate: A pegged, or fixed system, is one in which the exchange rate is set and artificially maintained by the government. The rate will be pegged to some other country's dollar, usually the U.S. dollar. The rate will not fluctuate from day to day. You decree that 1 US Dollar will always be equal to 35 Rupees and that is it. Countries that have potentially unstable economies usually use a pegged system. Developing nations can use this system to prevent out-of control-inflation.
And now your thinking:
Holy shit! We can do that? Why aren't we doing that? Why don't we get our currency pegged as seen in the Fixed or Pegged Exchange Rate system?
For starters, the system can backfire. If the real world market value of the currency is not reflected by the pegged rate, a black market may spring up, where the currency will be traded at its market value, disregarding the government's peg. When people realize that their currency isn't worth as much as the pegged rate indicates, they may rush to exchange their money for other, more stable currencies. This can lead to economic disaster, since the sudden flood of currency in world markets drives the exchange rate very low. So if a country doesn't take good care of their pegged rate, they may find themselves with worthless currency.
To further explain, assume that the demand for US dollar increases. Consequently, its value increases, such that each dollar can now buy 10 rupees instead of 4 previously. To offset such an increase, the RBI pumps in sufficient amount of dollars into the market to meet the increased demand. This process ensures that the value of the dollar is restored to its original one. The central bank can supply and draw dollars from forex reserves, which is its official kitty.
Well, the problem is, we ain't got much forex reserves.
India’s forex reserves, which stand at $270 billion(As of the end of August, 2013) approximately, cannot defend the falling rupee eternally. To make sense out of that figure, let us assume that one bad day, all foreign investors in our country decide to take back their money (which is extremely unlikely). In that dire situation, the RBI would have to borrow to a tune of $215 million to pay them all back.
To make matters worse, the increasing oil imports and falling export share in the recent months have contributed significantly towards draining (the already concerning levels of) our forex reserves. The arguments above indicate that the RBI does not have sufficient cushion to strictly adhere to a fixed rate regime.
In fact, forex reserves are the only major 'reactionary tool' we have to prevent any speculation based downfall in the value of rupee.
So if Forex reserves are so damn important, why haven't we been building them up?
Actually, we have been trying to. Refer this graph. If you do a simple forex reserves News based search on Google, you'll find that the last month has seen a lot of ups and downs in it implying that the RBI is scrambling to plug the hole by raising and spending these reserves. But it's still not good enough.
But but...that is a good graph, why is it not good enough?
Enter Mr. CAD, the media's favourite buzzword
At the end of 2007, the Current Account Deficit(Mr. CAD) of India stood at $8 billion. If you refer the above graph, you'll notice that we had a forex reserve of around 300 billion by that time. That means our forex reserves were 37.5 times the CAD. For 2013, the current account deficit is at $90 billion whereas the foreign exchange reserves are down to around $270 billion. That's just around 3 times that of the CAD. That is an alarming fall.
What is a Current Account Deficit?
Occurs when a country's total imports of goods, services and transfers is greater than the country's total export of goods, services and transfers. This situation makes a country a net debtor to the rest of the world. So, evidently, it has an impact with your foreign exchange rates. A substantial current account deficit is not necessarily a bad thing for certain countries. Developing countries may run a current account deficit in the short term to increase local productivity and exports in the future.
Why is our Current Account Deficit so bad?
Simply because we get a lot of our stuff from the outside. The most significantly burdensome items that we import are Gold and Oil. The two of them together constitute almost 50% of our total imports!
Gold
No kidding, we Indians love the yellow metal. We are in fact the largest consumer of Gold in the world. No seriously, our country is single handedly responsible for upto 20% consumption of the worldwide gold consumption. It makes sense to us because not only can we show it off at social events, we can also readily sell it later. In effect, it's like a Saving from the perspective of the mango people. Most Indians are blithely unaware that gold is not locally sourced but actually imported from countries such as Switzerland and the United Arab Emirates.
Which is why we had Mr. Chidambaram 'appealing' to us. But nobody's going to listen to your appeals, Sir. My own financial security will always be more important than your CAD-MAD bullshit. Which is why we have steadily increased the import tariffs on Gold imports in an attempt to discourage gold consumption. Not very effective but it's something.
Make no mistake though, although it will be 'nice' to have people buy less gold this season, in the long run, it will save yo ass.
Fun Fact#3: "I have never bought gold at any point of time in my life. I don’t wear any jewelry — be it a ring or a chain, For me gold is just another metal, it just shines a little bit more.” - P. Chidambaram, Finance Minister of India - A country which is the largest consumer of Gold.
Contd as Comment Below Due to Character Restrictions. Continue Reading at 'Oil'

So my girlfriend has a great job offer in Switzerland (she is German but lived in Zurich for years and will now be going back), and I'm moving with her. From what I understand, it will be almost impossible for me to get a work visa or a job with my very limited German.
I studied event management in college and I've worked in or owned a few different businesses. (I'm 30) - Restaurant Manager (my longest and most successful career) - Event plannefestival organizer (a company i owned for a coupe years) - Aerial Imaging company (my friend an I started it last year but its honestly more of a hobby with income. We've desperately tried to make it successful but it would also be starting from zero to restart in Switzerland.
I've been looking into some digital nomad type ventures like: - app development (not a coder, but managing a team of coders and designers to bring my ideas to life) - graphic design/web design (I would need to go back to school) - Forex or day trading (I'm not rich, maybe I could start with like 10K or something
I would love any tips that anyone has on good paths for online small businesses or jobs that are looking up and not already drying up or a race to the lowest bidder like web design is now.
Thanks everyone!

Hey all,
Swiss born abroad in Canada. Have the Swiss passport, German is okay(B1).
Recently started working in finance (forex). Planning on sticking with this for the rest of my life, getting the CFA, climbing the career ladder etc.
I've been trying to get a job in Switzerland but I've come to realize that it is unlikely it will happen unless I go there and have interviews in person. Had nearly 8 hours of interviews for two different companies but was ultimately passed over for people who were able to do the interview in person. I'm thinking of spending some time in Switzerland to job hunt in a couple years. I'd likely use my Uncle's address as my place of residence (this is where I would stay initially after all) and then fly out should I qualify for an interview. Before I do I want to know if anyone had any thoughts on the finance industry in CH. Doing something like this is a large risk in any industry, but I feel it be even more so considering Switzerland's pedigree in international finance.
Is the fiannce job market in CH New York/London competitive? Are UBS/ Credit Suisse/ Julius Baer the same level as Goldman Sachs/ Barclays for interviews? Will my defacto auslander status and accented high German hold me back?
Any thoughts, tips, critiques?

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Music	Green Day - Macy's Day Parade Alternative/Indie	Macy's
worldnews	Footage released of Harrison Ford's plane near-miss - BBC News	BBC
AskReddit	Facebook users of Reddit, what's the stupidest thing you've ever gotten into a Facebook argument about?	Facebook
videos	Ghost In the Shell 1995 - Chase Scene	Shell
videos	Ghost In the Shell 1995 - Chase Scene	Chase
worldnews	Man jailed for live-streaming Cardiff court case - BBC News	BBC
news	Bull Captured After Leading Police On Chase In Jamaica, Queens Has Died	Chase
Jokes	Whenever I see an Xbox 360	Xbox
funny	Kublai Khan. If this reaches the front page it will be the top Google search of the top Google search for Kublai Khan.	Google
todayilearned	TIL Mike Tyson has coped with negative emotions throughout his life by caring for pigeons. As a child he suffered bullying & depression the first punch he ever threw was at a bully that killed one of his birds & as an adult with his sunk career and death of his 4 year-old daughter.	Tyson
funny	Seen at Walmart in OKC........	Walmart
Music	Miley Cyrus and Flaming Lips - Lucy In The Sky With Diamonds Psychedelia	Sky
AskReddit	People of Walmart that voted for Trump, what do you think of his performance thus far?	Walmart
AskReddit	Why are Youtube beauty gurus so much naturally beautiful? Is it a trick or harsh reality?	Youtube
EarthPorn	The Barren Spell Continues. Glutton Bridge, England, United Kingdom. By Andrew Mowbray 2048 X 1161.	United
pics	Neil deGrasse Tyson at a high school wrestling match	Tyson
explainlikeimfive	ELI5: What would the United States look like today if no humans have ever explored the land?	United
AskReddit	How often does Google preform a backup on Android?	Google
nosleep	It was all because I clicked on a Facebook invitation	Facebook
Jokes	You stole my Microsoft Office and for that you’re going to pay...	Microsoft
AskReddit	Breaking News Donald Trump will be the 45th President of the United States. What can we expect from Donald Trump?	United
worldnews	Kevin O'Leary: Canada's Donald Trump? - BBC News	BBC
movies	Cult Japanese Helmer Seijun Suzuki Dies Tokyo Drifter, Branded to Kill	Suzuki
gaming	How cool? Lego Defender Arcade Cabinet.	Lego
funny	Only on Facebook 🙄	Facebook
videos	the cast of Sesame Street Google Sesame Street and themselves	Google
personalfinance	Incorrect balance in online Chase account..? 30 dollars more than it should be	Chase
pics	Has anyone ever noticed that the optical sensor on the old Dell mice is shifted to the LEFT by like, three millimetres? I have. And now I'm angry.	Dell
UpliftingNews	Teen in China crashes into BMW and learns why honesty is the best policy	BMW
explainlikeimfive	ELI5: Was the United States really protecting Latin America from European colonization with the Monroe Doctrine?	United
gadgets	AMD Ryzen pricing: $500 for 8-core 1800X CPU, undercutting Intel by $600	Intel
movies	Review: The Lego Dark Knight Begins 2017	Lego
worldnews	Sweden’s official Twitter account debunks Donald Trump claims line by line	Twitter
mildlyinteresting	These slices of bread with spreads of varying colors look like a meal from a Michelin star restaurant.	Michelin
worldnews	Facebook confusion over fake cancer babies U-turn - BBC News	BBC
worldnews	Police appoints first female chief Cressida Dick - BBC News	BBC
AskReddit	Microsoft programmers: How does Microsoft spin writing spy software for Windows 10 around the office to make it look like something totally acceptable?	Microsoft
explainlikeimfive	ELI5: What causes the Coca-Cola and Liquid Nitrogen bottle rocket to take off "like a rocket"?	Coca-Cola
mildlyinteresting	When you Google "vice president of the united states" you still get far more responses for Joe Biden than Mike Pence	Google
AskReddit	Reddit, what's your most crazy true Waffle House OR Walmart story?	Walmart
WritingPrompts	WP A 2nd American civil war between California and its allies versus the United States.	United
worldnews	Green campaigners welcome Coca-Cola U-turn on bottle & can recycling scheme - Environmentalists hail ‘landmark moment’ as world’s biggest soft drinks company agrees to set up pilot scheme in Scotland	Coca-Cola
Showerthoughts	Imagine if Facebook and Whatsapp notified you when someone took a screenshot of your conversation.....	Facebook
AskReddit	Serious What is your favorite Twitter account?	Twitter
Showerthoughts	Chuck E. Cheese's are a farm system for kids to become Casino enthusiasts as adults	Casino
movies	My partner and I recorded an episode of our podcast reviewing The Lego Batman Movie.	Lego
worldnews	Beware! Don't Fall For "Font Wasn't Found" Google Chrome Malware Scam	Google
Showerthoughts	With all the tracking Google does, you'd think they'd show me some ads for products I'd actually buy.	Google
mildlyinteresting	3 separate photos taken of the finish of my race, stitched together beautifully by Google Photos. The only discernable mistake is the man standing by the water.	Google
AskReddit	Serious Drunks of Reddit, what is the perfect Taco Bell order?	Bell
photoshopbattles	PsBattle: Bill Gates holding an Xbox controller and cheeseburger	Xbox
AskReddit	What are some things that the Liberals and Conservatives in the United States can agree on TODAY?	United
sports	[Why it matters that Bills QB Tyrod Taylor reportedly has a clean bill of health	FOX Sports](https://www.reddit.com/sports/comments/5vjiok/why_it_matters_that_bills_qb_tyrod_taylo)
funny	How to Pronounce Porsche - Tom School	Porsche
videos	Pinocchio's story as told by a Playstation 2 Game...	Playstation
todayilearned	TIL in addition to patenting the first practical telephone, Alexander Graham Bell developed a hydrofoil motorboat that broke the world marine speed record.	Bell
news	Panda's first flight: FedEx sends Bao Bao to China	FedEx
todayilearned	TIL Neil deGrasse Tyson Was an Undefeated Jigh School Wrestling Captain and Wrestled for Harvard	Tyson
videos	BEYOND BORDERS - The BMW Motorrad LEGO bike	BMW
videos	Every Nike Commercial	Nike
AskReddit	People who have lived all over the United States, where are your favorite/least favorite places to live?	United
funny	Apparently Victoria's Secret forgot how to photo shop. NSFW	Victoria's Secret
movies	in the Lego batman movie they kept calling the Daleks "British robots". did the film makes genuinely not know the daleks aren't technically robots, or is the idea that the kid playing with the lego in the real world doesn't know what they are?	Lego
space	Neil DeGrasse Tyson discussing what NASA could be announcing today. Potential atmosphere readings very well explained.	Tyson
news	Here's the best argument for Apple buying Netflix	Apple
worldnews	Switzerland's ABB hit by $100 million South Korean fraud	ABB
worldnews	Switzerland's ABB company hit by $100 million South Korean fraud	ABB
nottheonion	McDonald's reengineered the straw and is marketing it like an Apple product.	Apple
space	Labour deputy leader 'dabs' during PMQs - BBC News	BBC
Showerthoughts	What if Apple had made The Matrix? What would it look like?	Apple
funny	This showed up on my Facebook feed	Facebook
todayilearned	TIL Carmel, Indiana has become internationally known for its roundabout network. It now has 100 roundabouts, more than any other city in the United States.	United
AskReddit	What is a Youtube channel that you always watch but would never subscribe to?	Youtube
AskReddit	Serious Who was actually the worst U.S. president in United States history?	United
videos	Neil DeGrasse Tyson tells Joe Rogan that some infinities are bigger than others	Tyson
space	Star's seven Earth-sized worlds set record - BBC News	BBC
space	Astronomers Discover 7 Earth-Like Planets Orbiting Nearby Star	Discover
worldnews	Mexico will not accept new "unilateral" U.S. immigration proposals, and will not hesitate in approaching the United Nations to defend immigrants, the country's Foreign Minister Luis Videgaray said on Wednesday, ahead of a meeting with senior U.S. officials.	United
worldnews	Star's seven Earth-sized worlds set record - BBC News	BBC
AskReddit	Besides Donald Trump, which meme would you want elected into office as president of the United States?	United
AskReddit	In regards to the "Miracle on Ice" anniversary, what are some other amazing underdog stories from other countries victories against the United States?	United
gaming	Possibly Sony's best un-official Playstation gaming headphones - The Sony MDR-ZX110NA Overhead Noise Cancelling Headphones.#bargain	Sony
gaming	Possibly Sony's best un-official Playstation gaming headphones - The Sony MDR-ZX110NA Overhead Noise Cancelling Headphones.#bargain	Playstation
science	Star's seven Earth-sized worlds set record - BBC News	BBC
gifs	Harrison Ford landing on a taxiway at SNA	Ford
mildlyinteresting	There's a mummified gecko in my tail light. Yes, I have Geico insurance	Geico
Music	Frida Amundsen - Nothing Compares 2U Piano Cover After watching the Google Pixel commercial, I had to figure out who this was. Amazing cover.	Google
tifu	TIFU by pasting theLegend27 in a Google Doc	Google
history	The Untold History of the United States accuracy	United
Jokes	Have you noticed that if you Google the phrase, "Lost mediaeval servant boy"...	Google
mildlyinteresting	This McDonald's has a hand sanitizer dispenser on the bathroom door handle	McDonald's
news	Astronomers Discover 7 Earth-sized Planets Orbiting Nearby Star	Discover
photoshopbattles	PsBattle: McDonald's in 1980	McDonald's
funny	The all new Suzuki Swfit	Suzuki
AskReddit	What are the "hidden gems" of Apple apps?	Apple
personalfinance	How to not pay the $95 annual fee on your Chase Sapphire Preferred card year 2+	Chase

I need some help figuring out the Minimum Capital Requirements regarding FOREX for these regulators...I just got this job and it would make me look awesome if I could come through. Any ideas?
FCA- Financial Conduct Authority – UK CySec – Cyprus Securities and Exchange Commission – Cyprus FMA – Financial Markets Authority – New Zealand ASIC – Australian Secrities and Investments Commission – Australia RAFMM – Russian Association of Financial Markets Members – Russia BVI FSC – British Virgin Islands Financial Services Commission – British Virgin Islands HCMC – Hellenic Capital Market Commission – Greece FINMA – Swiss Financial Market Supervisory Authority – Switzerland BaFin – Federal Financial Supervisory Authority – Germany IIROC – Investment Industry Regulatory Organization of Canada – Canada MiFID – Markets in Financial Instruments Directive – European Union PRA – Prudential Regulation Authority – UK FSA – Financial Services Agency – Japan AMF – Financial Markets Authority – France MAS – Monetary Authority of Singapore – Singapore CONSOB – Italian Securities Exchange Commission – Italy AFM – Netherlands Authority for the Financial Markets – Holland CSRC - China Securities Regulatory Commission – China CIRC - China Insurance Regulatory Commission - China CBRC - China Banking Regulatory Commission – China CVM -Securities and Exchange Comission – Brazil BCB - Central Bank of Brazil- Brazil SUSEP - Superintendence of Private Insurance – Brazil