Study the attached price rise and lower taxes

How prices of essentials have risen in last 10 years. Middle class is badly hit because earnings have not grown in this
proportion.

Middle class needs to thrive in India so that the economy thrives. The true economic growth is when the most part of the society grows and it converts into virtuous cycle.

Reducing taxes on middle class, controlling inflation to the level of 4-5%, and real GDP growth of 7%+ are three important ingredients for moving towards healthy economic growth and prosperous society. more  

via_LocalCircles_IMG_9370___20241225104634___.jpeg
View all 11 comments Below 11 comments
I do not know from where the rates for 2013 were computed. For example, in 2013, rice was 50 rs per kg in Chennai and now 60. Toor dal price went through the roof from about 80 to 160 when the UPA govt allowed forward trading. As Sri Harpal Singh says, vegetable prices are prone to seasonal fluctuation. Even then, Potato was never less than 25 Rs per kg in Chennai in the last 15 years. Further, the salaries for workers and for domestics has increased by more than 50-75% in the last 15 years. Unfortunately, many posts seem to be politically motivated nowadays. more  
The data is debatable. In India, where a large portion of the population is dependent on a single income source, the wage-to-expense ratio has worsened, leading to an increasing sense of financial insecurity among the middle class. more  
Suggest to provide details for 1993-2003,2003-2013 for perfect comparison. Your comparison smells politically motivated. In 1970, petrol was 1.55 per litre. You have given details just like what Rahul Gandhi gives in public.. more  
This is for getting the floor area of each flat. ________________________________ From: RN Chopra Sent: Wednesday, December 25, 2024 12:05 PM To: reddygr@hotmail.com Subject: "Study the attached price ..." more  
The GOvernment employees should also be treatedlike Pvt organisation employees. Pay based on Performance & Retirement benefits limited to PF & Gratuity. They cant sit and lavish their life based on the next generations taxes, the taxes paid by new Gen should be used for facilitating them and not to pay pensions of retired lazzy babus more  
Post a Comment

Related Posts

    • Vehicle Sales Declining

      2 Wheelers Sales Down By -19.96% YoY Total Vehicle Sales Down By -15.26% YoY Even Basic Motorcycle is Taxed at 28% in India People Need Relief From High Taxes on Ne...

      By Swati M
      /
    • GST on used cars will impact dealers/online platforms

      And in turn prices for consumers who buy from such platforms Let me clear some myths on GST on used cars. Example 1: You buy a car for 15 lacs. Use it for 2-3 years and s...

      By Sanjit Jha
      /
    • Clowns in Paradise

      Really pissed off. Time is ticking - already effectively, nearly 15% of the 3rd term is over (because you can't do anything in last few months leading up to elections). And the Government appears t...

      By Sudesh Rai
      /
    • Clueless parliamentarians of India

      Successful countries talk about their present. Struggling countries keep talking about their past. China talks about its dominance in the EV industry. China talks about trains that run ...

      By Ruchika L Maheshwari
      /
    • Why tourism sector is broken in India

      There is an easier hypothesis why holidays in India have become Ultra expensive. Most of the luxury hotels in India are not a source of livelihood for the people who run them. It is not ...

      By Satvik Singh
      /
    • Major squeeze in middle class

      Our savings rate is at 5 decade low. Our consumption of even essential FMCG goods has slowed down. Two key essentials of every kitchen - wheat and oil, hugely impacted by infl...

      By Radha Puri
      /
    • Rampant Milk Adulteration

      Over 21700 kilos of chemicals recovered from the factory of Ajay Agarwal of Agarwal Traders of Bulandshahr. 500 liters of milk can be prepared from 1 kg of chemical. One man in one city. In the e...

      By Ashima Gupta
      /
    • Electric Cars in India

      Our friends undertook a Bengaluru to Hyderabad journey in an all Electric car attempting to be at mercy of roadside EV Charging Stations. They left Bengaluru at 230 pm and reached Hyder...

      By Shikha Chhabra
      /
    • Lost Decade of India

      Basic problems India had in 2014:- - Corruption - Reservation - Pollution - Lack of jobs - Not growing fast enough to build genuine wealth Basic proble...

      By Rohit Garg
      /
    • Tourism in India

      I am a yoga expert who has spent considerable amount of time learning the same in India. Many of my friends are unsure about visiting India because of visa process and then having to figure out how...

      By Ashley Jones
      /
Share
Enter your email and mobile number and we will send you the instructions

Note - The email can sometime gets delivered to the spam folder, so the instruction will be send to your mobile as well

All My Circles
Invite to
(Maximum 500 email ids allowed.)