It's simple rule if you increase rate of interest burdens will increase to the producers of goods & servises. These producer will pass their burdens to their customer by increasing price of products. This will increase inflation in market. RBI is boosting up this process. Good job doing since independent of this country ! !! !!!!
Re: Wrong direction to think by RBI
by keshav choudhary on Jun 16, 2011 01:57 PM
Absolutely wrong approach eventhough it is damaging action on econoic as wll as social.
Re: Lemon costs 5 times more.
by S P on May 20, 2011 02:03 PM
It's simple rule if you increase rate of interest burdens will increase to the producers of goods & servises. These producer will pass their burdens to their customer by increasing price of products. This will increase inflation in market. RBI is boosting up this process. Good job doing since independent of this country ! !! !!!!
Respected Governor, Kindly check and you will understand that inflation is more service -driven than manufacturing / item driven. Once you realize this, please remove service tax and that will relieve things to a great extent.
Re: Measures to fight inflation
by S P on May 20, 2011 02:07 PM
It's simple rule if you increase rate of interest burdens will increase to the producers of goods & servises. These producer will pass their burdens to their customers by increasing price of products. This will also increase tax burdens. This needs more wages to be paid to working peoples. This increase burdens to GOVT and employers. This will increase inflation in market. RBI is boosting up this process. Good job doing since independent of this country ! !! !!!!
Re: .
by S P on May 20, 2011 02:08 PM
It's simple rule if you increase rate of interest burdens will increase to the producers of goods & servises. These producer will pass their burdens to their customers by increasing price of products. This will also increase tax burdens. This needs more wages to be paid to working peoples. This increase burdens to GOVT and employers. This will increase inflation in market. RBI is boosting up this process. Good job doing since independent of this country ! !! !!!!
RBI s Rao is heading in right path. He should have controlled it by a hike of 100bps in May 3rd . World wide the Central Banks are fighting inflations like anything. Its only in India the Corporates want low interest rate , but wont reduce their prices at all, instead they jack up every month. Low interest shd have transalated into lower cost of Living instead these corprates are amassing wealth in one lot
Re: R B I s Rao is heading on right direction
by S P on May 20, 2011 02:08 PM
It's simple rule if you increase rate of interest burdens will increase to the producers of goods & servises. These producer will pass their burdens to their customers by increasing price of products. This will also increase tax burdens. This needs more wages to be paid to working peoples. This increase burdens to GOVT and employers. This will increase inflation in market. RBI is boosting up this process. Good job doing since independent of this country ! !! !!!!
he has pushed the economy into a decline with his frequent hikes in interest rates.How is he responsible for curtailing inflation while actually his job is to curb black money & adequate funds @ competitive rates for business activities.Inflation should have been controlled in last three years if rate hike is the malady for it.
Re: Rao is a mororn
by S P on May 20, 2011 02:07 PM
It's simple rule if you increase rate of interest burdens will increase to the producers of goods & servises. These producer will pass their burdens to their customers by increasing price of products. This will also increase tax burdens. This needs more wages to be paid to working peoples. This increase burdens to GOVT and employers. This will increase inflation in market. RBI is boosting up this process. Good job doing since independent of this country ! !! !!!!
