Re: economy
by pradip doshi on Apr 30, 2009 07:06 PM Permalink
The movement in foreign countries will be adversely affected. People will avoid to move from one place to another. This affects sale of airline tickets, consequent air fuel and hotel/restaurant, conveyance (bus, taxis) etc. This thing contribute to sale of goods in big stores and goods exported from India do get adversely affected. If a person from rural area desires to go to U.S./U.K., he has to travel to nearest air-port so he has to use rail/bus/taxi and on the way buy eatables. When thousands of people drop their journey, it has effect on Indian economy. Drop of consumption of air-fuel will effect prices of crude oil and it might have adverse affect on sensex.
Re: economy
by pradip doshi on Apr 30, 2009 07:08 PM Permalink
Even people from U.S. and U.K. will drop their journey plan to India and world over. When a foreigner is in our country, he spent on hotels, taxis, eatables and do shop handicraft like commodities.