inflation keep raising at superfast level I used to buy onion for 20rskg now it's 70 and not decreasing for months everything is now costing to much ,good quality rice was like 50 now it's 80 ,chaki atta was 22 now it's 34,egg today price is 190 tray on wholesale used to be 150-160 max during winters
No, 100 is the new 50
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Current inflation has decreased the value of goods and services that can be bought for ₹100.
At current inflation, ₹100 is the new ₹50.
At current inflation, ₹100 is the new ₹50.
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https://www.desidime.com/comments/permalink/10478956
https://www.desidime.com/comments/permalink/10478961
Now imagine, India as non agrarian place where agriculture is difficult !
Bharat atta stock all gone to blackmarket. 🙁
View 12
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https://www.desidime.com/comments/permalink/10479032
The luckier you are if you find the now 50 equal to 100,1000 or 10,000
for the ONE who gave you mouth , gave food and health till that time.
Our generation behind had to do 10 times more physical work for the same food.
https://www.desidime.com/comments/permalink/10479042
The original post 🙃
20 is the new 10
Please Visit
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https://www.desidime.com/comments/permalink/10479594
no idiot uneducated government led this way. accept it and move on and don't cry.
https://www.desidime.com/comments/permalink/10479916
Partially true, global economic situation also played a important role. Let's say 70% Government responsibility and 30% global event's effects.
•Global Pandemic,
•Multiple wars and geopolitical tension between nations,
• Very Risk averse Large-scale investors.
•Low FDI
• Mass lay-offs due to rapid growth of AI and automation.
And Indian Governments:
• Bad policies one after another
• Failed Initiatives like make in India, Smart Cities etc.
• Excessive Taxation on the masses, confusing and unnecessarily complicated tax policy leading to great decline in disposable income and thus decline in consumer spending.
#Tax-Terrorism
• Crony Capitalism
• Unchecked corruption everywhere, every State. More or less.
• State sponsored communal tensions and misinformation Campaigns.
• Extremely incompetent lying selfish MLA, MPs with no vision for our country's future.
Shall I go on????
•Global Pandemic,
•Multiple wars and geopolitical tension between nations,
• Very Risk averse Large-scale investors.
•Low FDI
• Mass lay-offs due to rapid growth of AI and automation.
And Indian Governments:
• Bad policies one after another
• Failed Initiatives like make in India, Smart Cities etc.
• Excessive Taxation on the masses, confusing and unnecessarily complicated tax policy leading to great decline in disposable income and thus decline in consumer spending.
#Tax-Terrorism
• Crony Capitalism
• Unchecked corruption everywhere, every State. More or less.
• State sponsored communal tensions and misinformation Campaigns.
• Extremely incompetent lying selfish MLA, MPs with no vision for our country's future.
Shall I go on????
View 13
more replies
https://www.desidime.com/comments/permalink/10479866
You mean decreased the value of Money, instead of goods. Right?
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Now imagine, India as non agrarian place where agriculture is difficult !
Bharat atta stock all gone to blackmarket. 🙁
no idiot uneducated government led this way. accept it and move on and don't cry.
no idiot uneducated government led this way. accept it and move on and don't cry.
•Global Pandemic,
•Multiple wars and geopolitical tension between nations,
• Very Risk averse Large-scale investors.
•Low FDI
• Mass lay-offs due to rapid growth of AI and automation.
And Indian Governments:
• Bad policies one after another
• Failed Initiatives like make in India, Smart Cities etc.
• Excessive Taxation on the masses, confusing and unnecessarily complicated tax policy leading to great decline in disposable income and thus decline in consumer spending.
#Tax-Terrorism
• Crony Capitalism
• Unchecked corruption everywhere, every State. More or less.
• State sponsored communal tensions and misinformation Campaigns.
• Extremely incompetent lying selfish MLA, MPs with no vision for our country's future.
Shall I go on????