Hey !!
I was perplexed,mystified,infuriated and petrified, all at the same time.It was not because of a terrorist attack or an equivocal statement by the Ministry of Foreign Affairs.It was just that i was out in the market buying grocery for my family.I had never done this before.However,I had fair idea of the prices of the items.I bought 2 Kg. Sugar,2 Kg. Potato and 1 Kg. Arhar Dal.I know you must me thinking why I am giving you all these details.However,as we move on,you would surely get the rationale behind this.Now moving on with the story,I took out a hundred rupee note with an anticipation of getting some back and surprise or rather impress my mom with the acumen I had for shopping.To my surprise,i was asked to pay another hundred rupees.I paid without any fuss.But,here is Economics.A flat 100% Inflation.. Government can definitely blame it on the late arrival of monsoons.But,the truth is that this inflation is the culmination of Hoarding and Black Marketing prevalent across the nation.A farmer,even today,sells at less than half the market price.But,the distributors and middlemen earn more than the farmers for nothing.A proper Public Distribution System is the need of the hour.This Inflation is bound to bring about an Inflection in the Consumerism in India.A lot of questions are waiting around the corner with the hope of getting noticed.
Is it really Inflation or Inflection for our economy? Will this end somehow or will it bring our economy to a level where we will be required to combat it everyday? People are quiet till now as they are pinning their hope on the Prime Minister,Manmohan Singh and waiting for that miracle.However,prime minister should not test the patience to the hilt.
I hope Prime Minister is Aware..........
I was perplexed,mystified,infuriated and petrified, all at the same time.It was not because of a terrorist attack or an equivocal statement by the Ministry of Foreign Affairs.It was just that i was out in the market buying grocery for my family.I had never done this before.However,I had fair idea of the prices of the items.I bought 2 Kg. Sugar,2 Kg. Potato and 1 Kg. Arhar Dal.I know you must me thinking why I am giving you all these details.However,as we move on,you would surely get the rationale behind this.Now moving on with the story,I took out a hundred rupee note with an anticipation of getting some back and surprise or rather impress my mom with the acumen I had for shopping.To my surprise,i was asked to pay another hundred rupees.I paid without any fuss.But,here is Economics.A flat 100% Inflation.. Government can definitely blame it on the late arrival of monsoons.But,the truth is that this inflation is the culmination of Hoarding and Black Marketing prevalent across the nation.A farmer,even today,sells at less than half the market price.But,the distributors and middlemen earn more than the farmers for nothing.A proper Public Distribution System is the need of the hour.This Inflation is bound to bring about an Inflection in the Consumerism in India.A lot of questions are waiting around the corner with the hope of getting noticed.
Is it really Inflation or Inflection for our economy? Will this end somehow or will it bring our economy to a level where we will be required to combat it everyday? People are quiet till now as they are pinning their hope on the Prime Minister,Manmohan Singh and waiting for that miracle.However,prime minister should not test the patience to the hilt.
I hope Prime Minister is Aware..........
2 comments:
Think about the situation of poor workers working in the same grocery store and working for a mere 2000Rs/- who will save them...God lives so far!!
Hey, I've felt same thing while shopping for grocery items yesterday. Oh god, these things are so costly. And unlike you, i've removed most of middle-men from the chain. Not that i'm buying from farmer directly. I'm actually paying just one middle-man Mr Anil Dhirubhai Ambani or Ratan Tata.
God help me, I can't even bargain at these stores.
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