Inflation is naturally created phenomena we can control it by rotate our money in the market. Though there is risk because we cannot control the market. In modern economy inflation will be there and you have to make profit out of it. But I don%u2019t think our life style gone down. I think it getting better and better every day if you look around yourself carefully you will fill it.
RE:Inflation ..........
by Abhijit Bhowmick on Apr 02, 2007 09:06 PM Permalink
Tuhin....it's the same old feel good factor.....I will survive....I will ....but what about 100s other.....
IT is not going to save india unless agriculture and infrastrcture gets better. but our ministers are not visionaries, we just need some lalus who can identify good administers and get advise from them rather than chidamabrams
RE:even bill gates
by swati jasani on Mar 13, 2007 09:21 AM Permalink
what days have come... people want more lalus in place of chadambrams (the man who started all these reforms :) very interesting..
RE:RE:even bill gates
by Abhi on Mar 15, 2007 04:38 PM Permalink
chidambaram did not start any reforms...neither did manmohan singh...all he did was allow foreign people free entry to india without taking into account ground realities of rich-poor divide in india...actual reforms were done by rajiv gandhi who brought in telecom revoulution, paved the way for economic reforms and did quiet a lot to bring more power to villages through panchayati raj
I know good job, salary, technology and all the latest gadgets are important in life and for country. But we also need clean air, water, lakes, rivers, big urban parks, unspoiled jungles,high octane number fuel for automobiles, civilized society, good garbage and sanity disposal system, clean public transport, good social security, public services and public health care. We need place for walking, running, hiking, swimming pools, river rafting, cycling, skiing, boating and all sorts of sports activities for public.
RE:Green India
by hello on Mar 06, 2007 08:11 AM Permalink
Yeah! So that other country can operate more factory to pollute the world & near by India too!!!
Abhijit, u r correct. I do believe that everything changed for the past 4 years. I am working as a partime call girl in bangalore. I do feel that 2 years back, if I charged 5000/night, now its difficult to work at that rate. The auto charges, bus charges etc. are very high. So, I can't work at the same rate, but I am forced to since more 'middle class' women are in the business. Supply is more than the demand. Something should be done to curb the indian govt. policies. I do also like to live a good life, with a good husband, and kids.
RE:hi
by hello on Mar 06, 2007 04:56 AM Permalink
if it had not already fallen, your quality of LIFE will be going to fall soon. There is no doubt about that.
RE:hi
by manish arora on Apr 05, 2007 03:40 AM Permalink
Young lady your aspirations do not match with your profession.. all you will get is dark hole sooner or later.
i completely agree with you. i stayed in bangalore in 2 yrs back for 5 months. those day was horrible for me. i stayed in jeeven beema nagar (one of the good area in bagalore (??????), this bangalorian thinks). i paid Rs.8000 per month for ugly shit house. in Rs.8000, we can do many things in other small cities. i decided to quit bagalore because of poor infrastucture, high living cost, poor standard of living. i dont mind to pay money for quality things, but spend your money like stupid in bangalore is big mistake.
my advice to all people is, if you want quality of life, relocate yourself to Tier III cities, (where you can find quality of life much better than bangalore). so you can save the money & plan your future.
RE:'My quality of life has fallen'
by Abhijit Bhowmick on Mar 05, 2007 02:15 PM Permalink
You are right, as I feel maybe because I am in Bangalore....and IT pros and other pros feel the heat of inflation too much.....since we already staying in a hyped place...where the ppl think IT pros are stashing away crores in their banks....and the landlord...charging huge amounts( if u a non-kannadiga) u pay a high price....auto-rickshaws charge u abnormally high if they get a hint u r from outside.... I dont understand why does the petrol price in bangalore is highest among all cities..... I surely am trying to move to tier 2/3 cities...as I am not looking for luxury....but a good quality of life...
RE:'My quality of life has fallen'
by Open Talk on Apr 09, 2007 12:31 PM Permalink
hay abhijit, i have been there in bangalore for more then 6 yrs.. and i found that everything in the city is deteriorating day by day.. roads, climet, their behaviour to outsiders, garbage and its making everything to make people not to stay there.. may be it should not be told.. but specially people's behaviour is really bad.. if u talk in hindi.. they behave like u r an alien.. they always take more money from u if u cant speak their language.. they always balme u for the deterioration of the city.. there are very few cultured people u can find on the road (bcoz good, cultured and really educated people of bangalore usually dont walk on the road or travel in the bus).. the bus conductor will always try not to give u back the change.. they ask for ticket as we all are keen to travel without ticket (so funny.. what they think of others).. apart from that.. still there is a good Kannadiga culture.. few people are really gentle n well behaved.. great combination of different cultures(cosmopolitan) IT is great.. but untill the common people (may be 80-90%) will not change their mental structure towards other people, being a good city also bangaluru will have the word "Bangaluru sucks" ..sorry to say
i completely agree with you. i stayed in bangalore in 2 yrs back for 5 months. those day was horrible for me. i stayed in jeeven beema nagar (one of the good area in bagalore (??????), this bangalorian thinks). i paid Rs.8000 per month for ugly shit house. in Rs.8000, we can do many things in other small cities. i decided to quit bagalore because of poor infrastucture, high living cost, poor standard of living. i dont mind to pay money for quality things, but spend your money like stupid in bangalore is big mistake.
my advice to all people is, if you want quality of life, relocate yourself to Tier III cities, (where you can find quality of life much better than bangalore). so you can save the money & plan your future.
RE:Buying Capacity Increses
by Abhijit Bhowmick on Mar 05, 2007 10:37 AM Permalink
well tomorrow if I gto to middle east I wont complain...where I was offered 5 times what I earn here (tax free) with housing and free petrol....
RE:RE:Buying Capacity Increses
by gaurav shrivastav on Mar 05, 2007 01:42 PM Permalink
abhijit, what about the cost of living in those gulf countries? today, maybe you are not able to save much if you try to have a good life. But tell me sincerely, if you had graduated 15 years earlier, when India was in the shackles of the license-permit raj, what chance would you have even to get a decent job. In those days, unless you were from the IITs, you would end up with a job paying 3000-5000Rs, if you were lucky. Today, if one is educated, whether BE, BSc, BCOM or LLB, he has very good job opportunities thanks to the outsourcing boom and liberalisation.
In any growing economy, a somewhat high inflation is not unusual, since supply typically lags demand. This high inflation has given us a good wake up call, and if we can remove the supply constraints, through higher crop yields and increased manufacturing, better infrastructure and spread of retail chains, we will be able to take care of it in the next couple of years.
RE:RE:RE:Buying Capacity Increses
by Abhijit Bhowmick on Mar 05, 2007 02:24 PM Permalink
I agree to you what you say and dont deny. Concern is why are we dancing in euphoria, thenlet the government not to beat the drums of growing economy, if gov. is taxing us, no prob....why cant they provide better healthcare and education. I said I am lucky to be born atleast as a middle class guy...my aim was to encompass ppl who have sub-standard life....you spoke about retail, that has doomed the career of several petty traders.....I am not looking for luxury...but a quality of life....managing finances means compromising on ur quality of life....considerign the house rents in different cities, government should provide housing rent exception form income tax for such cities liek Bangalore where it is high....let the gov. tax the houseowners as well, who earns black money through us....
outsourcing ...wait for another 5 years...and then we would have a discussion..already BPO jobs have started to move to Phillipines, Indonesia where it is much cheaper....many copanies have started to accept that Indian proposition is getting expensive as ppl are charging higher salary every year than what the client would prefer to give.....thats y so much attrition....I give a damn care if prices of cigarettes or liquor goes up...but why food items??? and transport....
RE:RE:RE:RE:Buying Capacity Increses
by gaurav shrivastav on Mar 05, 2007 03:14 PM Permalink
I think we can see the glass as either being half empty or half full. Yes, there are problems for the poor, but the poor had problems for last hundreds of years. The point is that today, a lot more of the poor can find a job, due to the trickle down effect. The IT professionals need to go to the malls and multiplexes, they need housing, domestic help etc, and all these activities generate jobs for the poor. Yes retail will destroy several petty traders, but it also has the potential to expand the market, provide additional income to farmers and provide cheaper goods to the consumer. But I must admit, I am not sure whether the benefits of organised retail will outweigh its implications for the traditional retailers. Besides, though corruption is still there, and infrastructure is still poor in India, there has been a marked improvement in both these areas in the last decade. Now the poor also have tools like RTI which can help them a lot. On outsourcing, I doubt that anyone except china can challenge us. Phillipines, eastern europe etc simply dont have the manpower to scale BPOs the way India can. Their attrition and pay hikes will be much worse, if they had half as many people employed in these services as India presently does.
RE:RE:RE:RE:RE:Buying Capacity Increses
by M Haseena on Mar 13, 2007 02:32 AM Permalink
I think, your right guarav, if your buying something means your providing job for others, so in this way money is not centralised to only few people. This may be one solution for the problem which india have, i.e rich becoming richer and poor is more poorer, it may balance the state of money.
In the capitalistic economy, things move along the theory of exploitation..The IT professional exploits the boom asking for higher pay packages and shifting jobs..The house owners and builders exploit the IT guys with exorbitant rents and rates as they knew these ppl have no other options left but to stay back paying high prices..Even the level of exploitation trickles down to the lowest level when the bus conductor purposefully forgets the balance seeing your scoial stature, or the autowallah always assumes extra 10 or 20 seeing the financial power and need if his customer..This is a vicious circle which will get worsen and worsen over time ..Those who cannot learn the theory of exploitation ( like farmers in rural region) will perish in the process..The solution to this issue has been suggested by our own great Gandhiji decades ago , but we indians conveniently forgot it !! It is the de-centrailized development..Don't allow people with lot of purchasing power to clutter in a small geaographical region which will worsen the lives of all..Reduce the gap ( financial, intellectual and economical) between the urban and rural regions..It is not an easy task , but once the efforts directed to this keep going, things will get stabilized by itself..
RE:theory of exploitation
by Abhijit Bhowmick on Mar 05, 2007 10:11 AM Permalink
I agree with you. The wealth needs to be distributed geographically. Government should start considering smaller cities for economic development. Consider this cities as SEC (special economic cities).....and provide sops to firms opening business there.....there will be a stop of ppl influx from smaller cities to bigger ones....that way we can balance out the infrastructure overload....
