https://medium.com/@matrubai.srikanth/the-shattered-plane-window-and-your-money-37181fe45a58

Medium

THE SHATTERED PLANE WINDOW AND YOUR MONEY

Greetings Friends,

Finance Minister Nirmala Sitharaman has launched the NPS Vatsalya scheme.?

It aims to secure a child’s financial future from a young age.

Here's what you need to know:

1️⃣Eligibility:

- Open to children under 18 years of age.
- Available to Indian citizens, NRIs, and OCI cardholders.

2️⃣Key Features:

- Parents can contribute as little as ₹1,000 annually.
- The account converts to a regular NPS Tier 1 account when the child turns 18.
- Offers long-term wealth growth through compounding.

3️⃣How to Apply:

- Apply online via platforms like eNPS, NSDL, or CAMS.
- Simple documentation like Aadhaar or Digilocker required.

4️⃣Benefits:

- Flexible investment and contribution options.
- Accessible for families across different income levels.
- Helps build financial security for the child’s future.

Invest in NPS Vatsalya today to secure your child’s future and build a financially independent generation.

Photo from Srikanth Matrubai

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MINT - RESPEST FOR DOING BUSINESS.pdf

Photo from Srikanth Matrubai

Households with AC-2024

- Japan 91%
- USA 90%
- Korea 86%
- China 60%
- Mexico 16%
- Brazil 16%
- Indonesia 9%
- India 6%

India use to produce 13 lacs AC in 2013.

Now we are producing more than 1.2 crs AC.

In 2013 the imported components in AC use to be around 200 USD and now it’s reduced to 73 USD.

Rising income/ affordability/ import substitution/ electrification will increase this in coming years.

India is a multi-decadal story!

Some pitch will have low score match like in USA and so will be some years for equity markets.

? 80% of Gains come in 20% of time. So an investor needs enormous patience and conviction to hold stocks/Mutual funds for 10 or 20 years.