“Hamare Jamane me to ek Rupia me puri almari bhar ke saaman aata thaa !!”
“Ab to sirf thenga milta hai”, “Jaane Kaha gaye wo din”, “Acche din Kab aayenge”
These are not just tales; but the facts which we are facing every day.
The article is compiled by Cartoonist Mayank
1. When dinner bill in restaurant was only rs 26/- & Dal makhani for rs 5
2. when breakfast of dosa and tea for 2 people was only Rs 2/-
3. When movie ticket was only Rs 3/-
4. When 5 Ltr petrol was for Rs 3/- only
5. When you could send a courier for only rs 1/-
6. Wehn bus ticket was really cheap
7. When you could travel between dacca and calcutta for really cheap
8. when train reservation ticket was for only Rs 25/-
9. Pahele Ek Rupiye ma Anaaj Milta tha…..Ab to sirf thenga milta hai
The roaring rate of inflation in our country, that impacts the purchasing power of every Indians, is not usually taken into consideration by us when they plan for their retirement, while only one out of every two salaried Indians have some idea about how much they would require for retirement.
Indian economy is like old wine in brand new bottle is partially true because our economy is rising up in its way but not that much, it should be, this is the reason why we are still a developing nation. The key problem is that cost of living or you can say that our life standard is rising day by day but the earning of common man is yet the same as it was in the past.
The root cause of fall of Value of Rs. compared to $ currency is the Lack of action in last few years. We are growing under five percent growth rate. The condition is uncontrollable as the Cost of Life is raised but the earning of citizens is still the same.
India’s battle with inflation is as old as all other problems. There has been no budget that has not been nervous about it, no five year plan that didn’t consider it, no election where it was not an agenda and no government that hasn’t kicked to tackle it.
India’s inflation is mostly about food price, located at the juncture of short agricultural production and poor distribution networks that result in scarcity and fuel price hikes.
High inflation has been a mess for India, with consumer and wholesale inflation rates trapped at unbearably high levels for the past few years.
The developing countries are facing the heat of paying more oil prices. All can’t be blamed on conflict among Middle East about crude prices hike. Developing economies are upset with inflation and India is not only inflated but also facing the rage of high fuel prices which have a greater link with the pocket of the end consumer. India must discover alternate energy resources so that inflation can be managed. We are aiming on infrastructure to a much greater degree but we are not aware that this infrastructure will be of no use if inflation keeps on rising and building the infrastructure projects more costly with less profit.