Thursday, May 23, 2019

India's Gold Reserves As of March 31st 2019: 612 MT

MORE THAN HALF OF INDIA'S WEALTH WITH FOREIGNERS,SOME FROM 1991 AND 2009!

India's Gold Reserves As of March 31st 2019: 612 MT,with 320.26 tonnes being held overseas in safe custody[???!] with the Bank of England and the Bank for International Settlements, while the remaining gold is held domestically.
$257 Billion out of $ 407 in Foreign Currencies is in US Treasuries!
  This shows the major portion of India's wealth is NOT used for India but the USA and the like.

Thursday, January 24, 2019

Desalination Of Sea-Water:Solution For Water Shortage In India

There are reports of groundwater table depleting,lakes going dry early etc.
The reasons are:-
1.Industrialization.Industries guzzle water
2.Soft-drink makers also guzzle water
Results;-
Ground water table depletes resulting in acute water scarcity
Solution:-
1.Locate industries in seashores and make it mandatory for these Industries to have their own Desalination Plants for their water requirements.
2.Have Desalination Plants,in seashores for Drinking Water supply in/to,nearby and even Urban Areas.
  These steps will save India's Agriculture,as water shortage will get reduced.