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40 years ago...And now: Can't retire with a crore any more


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rajkumar s jain
conversion
by rajkumar s jain on Mar 09, 2015 10:00 PM

the conversion from lac to million and the other way round has not been calculated correctly in the article

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ganesh pillai
With black money
by ganesh pillai on Mar 09, 2015 12:04 PM  | Hide replies

The way, Indians are buying luxury cars, crore is no longer an issue.

With our government encouraging corruption, we can afford to have more Richie Rich in our country, while the poor will suffer from inflation and high taxes.

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Sagar Muniram
Re: With black money
by Sagar Muniram on Mar 09, 2015 12:21 PM
The article has given the reason for devaluation of Crore very perfectly. It is only because of inflated property prices and black money holders the value of rupee has shrunk too much, that on one is feeling Rs. 1 crore is a big amount now a days.

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