Is just a marketing ploy, for more shady operations. Why Print the money you used on your forehead, you could as well make the notes barcoded and imprint the Fingerprint on every successive use. If curbing Black Money is sole purpose of the Credit Card. Rather the purpose seems to be completely different. If govt and opposition is going all out against Black money then They are have to pay some bribe for getting business. Is it universally legal. I think then all charity done today is some kind of bribe paid in return for a service provided. What do you say about people teaching in schools for TEACH INDIA, and companies and religious institutions starting and Donating to schools, colleges, hospitals, home for ageds and orphanages, Starting NGOs, Companies deducting amount for charity from employees paycheck? So when Companies are starting private schools, hospitals they all amount to starting a Poultry Farm or a Cattle Farm, where you can milk and egg as much as possible with no accountability. Corruption 2G scam is when people do charity at others expense, 3G scam when people do charity at others others expense. Hope the mobile phone companies dont do Charity on their own at unknowing subscribers expense. They start selling Heads Free mobile phones, so what charity that goes from their subscribers pockets is completely transparent. Some companies have mostly started TELEFORNICATION as a business model. Sorry only means You Scratch my Back and I will scratch yours.
Indeed inflation reduces the worth of money but one aspect we must keep in our mind that this is inflatio which run the actual economy and responsible for generation of demand as well as job creator.
Re: Inflation
by pravin sarode on Feb 20, 2011 06:20 AM
inflation is result of expenditure we carry put in marriage there is main cause of inflation is dowary and it is vicious cycle like smoking, drinking. we spend lavishly in marriage for a day or two and for that we save money for entire life but dowary is such is worst that even after 23 years of marriage some girls find their in laws torture for her property from father's side. Law has failed miserable to control dowary and in turn inflation. dowary and inflation are two sides of one coin and if capital punishment is not imposed for dowary by government servents the girl to boy ratio will further drop below 800 in 2020
The main cause of food inflation in India is Black Marketing.To combat this we,the common people,should form co-operatives which would purchase agro products from farmers and supply them to its members at cost or reasonable profits.
Re: Form co-operatives to beat inflation
by Story editor on Feb 20, 2011 12:23 AM
Brilliant idea...if at "mohalla" levels there are some enterprising people who take the initiative, who can spend half a day a week taking turns and bring in fruits and vegetables like this and this runs a mass movement, then we can cut out the unscrupulous middle men.
Retired Central Governmemt Employees are covered by Defined Benefit Pension Schemes (the good old DA Linked Pension). This is more apt for people covered under EPS of EPFO who end up with a miniscular sum of Rs. 3064/- (full service & max pensionable limit of Rs. 6500/-). Rest all are all right.
Other things remaining same, increasing population is a cause of big concern for inflation and environmental issues. But noone seems to b bothered. China is having one child norm since 1979, we don't hv even 2 child norm due to vote bank politics.
Re: Population control is also important
by pravin sarode on Feb 20, 2011 06:36 AM
cost of flat is actual cost plus political protection money by builder in mumbai minimum 1 crore?
Re: Population control is also important
by Balaji Thudda on Feb 21, 2011 10:55 AM
well said, ram sharma here.! population ctrl is the only remedy to hit many birds at one go. but really doubt when this so called common man understands.
