Inflation reaching two digit figure..has taken every one by surprise, everyone is tensed over this overshooting commodity prices…its not normally that the economy bleeds like this.
But how do suddenly prices rise?? With my limited knowledge, I can attempt answering this.
Firstly prices don’t rise abruptly, we need to understand the cause behind this..Reason less supply and more money.…This is how we define inflation “ too much prices chasing few commodities” . i.e people have a lot of money to spend but the supply of goods and services not showing similar trends. The easy personal loans, low interest rates., the easy availability of car and white goods with EMI option etc..all raise the purchasing power of the economy….this is an ironic situation for only 14% of the families spend 15k or more on household expenditure and 38% is in the bracket of less than 4k a month. So who is actually having a high purchasing power?? The resources are concentrated in hands of Few Individuals – i.e how Poverty defined in Economics
Neways now with measures such as high Repo rate and CRR, what RBI is trying to do, is getting the excess money supply in place. Increased CRR and Repo rate will ensure banks lending capacity go down, and thus we will see the increase in PLR. All these will take time to get back the things to normal. All these will also impact the foreign inflow of cash in the economy. The stock market currently looks very depressing but it will bounce back.
Lets hope things get back to some shape soon….
Lets listen to the music life plays for us..every day...every moment...lets enjoi and cherish every sound of life...
Popular Posts
-
The Alarm went up at its usual time, but it was unusually difficult for Trisha to get up. The last 15 days have been super hectic – with S...
-
It was 6pm and the office was almost empty. Trisha was helplessly staring at herself in the mirror in the restroom. Despite of trying ...
-
These days lot of people are doing work for various social causes- be it child education, women upliftment, health etc. I want to do s...
-
These days its rare we see happy faces around. I am not saying we see sad faces. What we see these days are blank faces, expression less fa...
Monday, June 30, 2008
Friday, June 20, 2008
I am Back!!!
Hello everyone, yes I am back!!
Back from - hectic times, vacation, confusion, frustration, depression and passion :) Have been writing a lot for past couple of months, but was unable to post it on blog.
Ne ways....let me talk about the latest thing fascinating me the most - its the Delhi Weather.
I don't remember seeing summers being so cool. Everyday seeing the cloudy sky, the drizzling, at times heavy rains is just so much fun . It happened thrice with me and my family- we left home for having dinner outside. Everything is just fine, no remote signs of rains or storms....BUT the moment we step out we are greeted by thunder storms and heavy rains.... I wonder at times whether GOD giving us signals of not increasing any more kilos and refrain from eating outside. But as I have my filters right in my head , comfortably ignore God's deary message .
The toughest time you have in such weather is working in office. The weather outside directly affects your work productivity at office. The studies of " RIAS" i.e Ruchi Institute of Advanced Sciences shows in cloudy or rainy weather, the body releases a special enzyme which provokes you to go outside and may be hazardous in case you work. But unfortunately no company subscribes to this view and employees are left wanting more.
But still no cribs..this summer is the best I have seen in my life...it feels i am in Bangalore or Pune.
I love my Delhi even more !!!
But still no cribs..this summer is the best I have seen in my life...it feels i am in Bangalore or Pune.
I love my Delhi even more !!!
Subscribe to:
Comments (Atom)