Dear Arvind, Sensex has nothing to do with the rise of prices. yes we can say that since people earn more they tend to buy more. For your information only 16 crore people invest in Share markets, does this means that the 16 crore people have increased the buying power of India. This is more of Macro economics. My main question is why are the farmers dying when the global food prices are increasing. The wheat we purhase in Mumbai at Rs. 22 is been sold in UP and Punjab at Rs. 8 probably lower by small farmers. What makes the prise rise from 8 to 22. How come major corporates are making Nett profit growth of over 30% when the local farmer cannot makes its ends meet. Please remember we cannot ignore poor people, no doubt the naxalites and maoist are increasing in the rural belt. We need to wake up. just the rise in sensex and GDP without rise in the basic standards of the lower income group is nothing but failure of a country. India needs to revive its complete working procedures and priorities.
