Economics of Common Man

The Economics of Common Man [pic] The Manmohan Singh Government has announced the diesel engine expenditure hike, his words seems appealing to m each of us. As a school-age child of Economics, I do, in much(prenominal) than one substance view the PMs c tout ensemble for price hike. With the increase in Govt. expenditure, and with more projects to come, no Govt would consider cutting on its revenue side. Had it been BJP in Power, they would pay back done the same thing. All the points he has mentioned, from the economic pint of view, seems to be viable. To stand tall, as a country, if FDI- in sell is what it takes for the boom in economy, then thats the way. With more competition, the consumers surely ordain be benefited, and in the long run, the downcast traders will defecate their sh are of gain. India has been very unique in terms of the economy, it is aleatory and the global companies have also show it difficult to deduct the market structure, and consumer p attern of India. In Ahmedabad itself, the ratanpol market, the CEPT and Nehrunagar footpath market, and global brands akin Levis, etc. are doing equally well. The funniest erupt is- the same consumer who wears a Levis jeans also goes to the ratanpol market. When it comes to Diesel scathe Hike, Most of us will allege that govt.

can hardly increase the prices by keeping the taxes constant, that way, the burden will not totally light upon on the consumers. precisely as the rate Death and Taxes are Inevitable! Just like any profit do organization, the Govt knows that the people will complain exactly finally reelect the price hike. And surely, the g! ovt. doesnt want to give away its revenue. But there is one thing that we all have overlooked in this matter- The Govts loss in figures, as stated by the PM- Rs 2,00,000 crores The Govt Losses in the various study scams (considering year 2012) char gate Scam-185,591.34 crores UP NRHM SCam-10000 crores Karnataka Board agriculture Scam- 200000crores The total is 395591.34 crores The figures say it all-...If you want to get a fully essay, order it on our website: OrderCustomPaper.com

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