I received an sms joke, in 1990 we can buy a Vada (a south Indian recipe) for 10 paisa and for a phone call we have to spend 10 rupees, But today we can make a phone call at 10 paisa and we have to spend 10 rupees for Vada. When i ask some experts they said, inflation is the reason for Vada's price hike Apart from the joke, This is what the biggest threat to a country like India. Inflation.
- In US we can spend one dollar even today, One riyal still spendable in Saudi, One yen still worthy in japan,
- But in India 1 rupee means nothing today. 5 s and 10 s became very smaller amount. Surely this is not a growth of India, this is how our growth going backwards.
- In japan,There is no price hike in essential commodities in thirty years, That makes the country more stable.
- We all know about Fuel price hikes in India. After oil corporations permitted to Fixing the oil prices,Its became worse. We have to look for every other day for price hike.
- In one hand, 7000000 Crore Rupees Indian black money found unclaimed in Swiss bank. In other hand, Inflation going in drastic numbers. .
Though it sounds funny, triggers lot of questions about our economy.
ReplyDeleteSimple and crisp (like vada) writing :)
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