[MoF] Mid term report from the Finance Ministry
Kismu
Ministry provided a report in end of week 1. It can be seen here.
This report is divided into following Sections
1. INR Loan Status
2. Transcation details (Except Purchases)
3. Purchases Details
4. Products Status
5. Assets Status
6. Making Sense of all this
1. INR Loan Status
Amount outstanding at the start of term : 538025
Amount Issued this term : 1192000
Amount Recovered from all loans this term : 725891.7
Current Outstanding Loans : 1,029,740.7265 INR (<<< Look 1 Million)
Detailed Statement:
Loans that have been cleared.
Loans that are still pending
2. Transaction Details
Complete detail of transactions
3. Purchases
The Govt has been buying, for various reason, for NDA, for MoMC and for storing. Here is the complete details of all purchases made till now. Special Thanks to mekong whisky for donating 300 Q6 weapons to Indian Govt.
4. Products Tracks
So the govt purchased so many things. What happened to them? Where is it and where did it all go?
Special Thanks to Ashwamedh for agreeing to hold 5000 Q6 tanks with him for the govt, until the need for them arise.
5. Assets
Finally, what are our current assets?
6. Making Sense
Now that you have seen lotta numbers, let me try and simplify crudely on the financial activities.
---
Start of Term CBI Had : 484669.31
CBI Received : 99999 * 4 Donations from Treasury = 399996
So CBI Virtually had : 884665.31
---
CBI Currently Has : 129993.96
CBI owes : -26878.11
Diff in Loan in Start and Now : 501715.72
Purchases : 296589.81
Total : 901421.38
---
Difference = 16756.07 <= This is the amount we have earned due to Interest from Loans.
Disclaimer : In case you find there are some data not accurate, please point them. I will try and correct them.
End of Statement.
Comments
first!!!
Second, and voted. 🙂
o7
voted
Voted. Wht abt Gold loans?
@DrShYaM, Not much Changed in Gold Loans. So Nothing much to report there. There were very few repayments. Will be there in the final report in a week.
\m/
awesome report, voted ofc 🙂
v+s
v
o7
o7
The best MoF report ever ...... Simply awesome o7
good article,vote