We should work more towards reducing the cost of production of our produce. In Domestic arena it will curb Inflation and for Exporter he can still sell his product as his margins remain healthy despite lower returns on USD vs INR.
This can be done if we rationalise the energy cost. i.e cost of Diesel / Petrol.
Cost of Petrol is kept high to cross subsidise Kerosene and LPG. Which is a big farse. POOR man does not get adequate Kerosene as Kerosene is diverted by powerfull politicians toward Petrol & Diesel Adultration. Resultant black money is used for antisocial activities.
It is also a big illusion that lowering the cost of Kerosene we are doing any favour to poor man. Poor man does not stop producing children and increasing the load on him self & society. He wants more and more things for free, including subsidised bus transport, free immunisation programs, free food for children , free books and fee schools. SC/ST/OBC want Reservation also. Govt. has to work on educating poor man to curb family size and pay for the commodities at market rates.
India becomes more strong and India's internal devils get weeded out
RE:RE:We should not worry about appreciating Rupee against USD
by gatzzz on Jun 21, 2007 03:55 PM Permalink
Before all this, please go and get yourself some education.
RE:We should not worry about appreciating Rupee against USD
by maranare nambi on Jun 21, 2007 06:06 PM Permalink
gatzz what is the fuzz about asoke?? he is talking truth. you will know only when it hurts
RE:RE:RE:We should not worry about appreciating Rupee against USD
by Gopinath D on Jun 21, 2007 06:26 PM Permalink
Give some work for your stupid brian ... if you have one
