BUSINESS & ECONOMY: May 2007

Inflation Bytes in Cold Wave

We in the North India are in the grip of chilly cold winds called cold wave in this region.Pakistan too feels the same.The respective state goverments are not providing adequate requirements of bundles of kumbals viz. woolen blankets, ear covering caps, wollen sweaters to our 25 per cent below the poverty line. Good every man and a woman housemaid to laborers to resturant meal waiters need to be in a sync comfort zone.Its the mobile, jeans, lipsticks , maggie, skirts, trousers which develops a nation development in being in the OECD group of rich countries.Even as I write this the 15 per cent of USA population is BPL below the poverty line.Their are jeans wearing poor in USA.Labor is Costly whereas in India 12 Banana's cost Rs 12/-, a KG of Rice Rs.24/- a KG of imported or national pulses for the Lentil soup costs Rs.80/- per KG milk is at Rs.5-40 per liter, chicken is Rs.10/- KG, Goat Meat at Rs.250/- KG,1 Mobile call to Canada Rs.7/- per minute, Petrol at Rs.72/- per liter in best premium quality with Indian Oil IOC and in ordinary kerosene petrool and euclayptus oil is Rs.68/- per liter, an ordinary baseball cap with Adidas logo at Rs 150 made in Bangladesh imported to India from the USA this is globalisation.There are more liqor shops in India then there are schools

Tuesday, 22 May 2007