First price Rise by New Government

3.4K Views
0 Replies
1 min read
The new government has announced upward revision in Railway passenger fares by 14.2% and freight charges by 6.5%. Were not they who protested the loudest when UPA would increase prices. How roles change. Only the public gets same treatment. soon there will be rise in petrol and diesel prices. Onions are likely to touch Rs 100 per kg in October as per TOI report yesterday. Good prices are coming !

20 Replies

Prices hike is essential fro developing country.
But it should divided among all people not only middle class people.
Because we know the maximum subsidy goes to the industrialist and corporate ( the amount come from Middle class people Give that Tax), and rest money goes to the below poverty line people.
But we are the only sufferer.
I am now sure no Government is bother about bring black money and Narendra Modi giving sufficient time to move their money from swiss banks by not taking immediate action.
Prices hike is essential fro developing country.
But it should divided among all people not only middle class people.
Because we know the maximum subsidy goes to the industrialist and corporate ( the amount come from Middle class people Give that Tax), and rest money goes to the below poverty line people.
But we are the only sufferer.
I am now sure no Government is bother about bring black money and Narendra Modi giving sufficient time to move their money from swiss banks by not taking immediate action.


I don't think so. What Modi is going to get by this action? It seems a baseless allegation.
Prices hike is essential fro developing country.
But it should divided among all people not only middle class people.
Because we know the maximum subsidy goes to the industrialist and corporate ( the amount come from Middle class people Give that Tax), and rest money goes to the below poverty line people.
But we are the only sufferer.
I am now sure no Government is bother about bring black money and Narendra Modi giving sufficient time to move their money from swiss banks by not taking immediate action.


I don't think so. What Modi is going to get by this action? It seems a baseless allegation.


Why shd he even make an effort to bring back black money since everyone would know the figures and also where will they send the money ? any idea? some other safe haven like the Cayman islands or Dubai ? But it leaves a trail from Swiss banks ...If they withdraw it also it will not be easy since again there will be some formality that gets recorded.By the way Swiss banks have their own code of conduct and although money can be kept there, there are regular records maintained ...
After construction of SIT, it is hopeful for speedy process about black money as India wish to know names of persons who have black money.
After construction of SIT, it is hopeful for speedy process about black money as India wish to know names of persons who have black money.


I believe lot of black money comes back from Mauritius investment route - allegedly a deliberate loophole. Havala routes are used both ways to transact in black money. Availability of black money within the country also is one of the reason why prices do not come down in spite of economic measures taken by RBI and Govt.
It's an undeniable fact that Availability of Black money is a major contributor for the spiraling prices. As long as Black money is there, all other measures are an exercise in futility.
It's an undeniable fact that Availability of Black money is a major contributor for the spiraling prices. As long as Black money is there, all other measures are an exercise in futility.


Black money is generated by the rich to avoid taxes and accounting for illegal profits. Hawala route is also used by common NRI's to transfer funds into India as itv is fast. leaves no trail and many times the exchange rate is higher than official rate. I feel it will be difficult to stop generation of black money. We are after BM abroad because we know where it is parked, but many times more is circulating in the country which no one is after. prices will continue to be impacted by BM esp real estate.
It's an undeniable fact that Availability of Black money is a major contributor for the spiraling prices. As long as Black money is there, all other measures are an exercise in futility.


Black money is generated by the rich to avoid taxes and accounting for illegal profits. Hawala route is also used by common NRI's to transfer funds into India as itv is fast. leaves no trail and many times the exchange rate is higher than official rate. I feel it will be difficult to stop generation of black money. We are after BM abroad because we know where it is parked, but many times more is circulating in the country which no one is after. prices will continue to be impacted by BM esp real estate.


True. But there is nothing wrong in trying to contain BM, though not to eradicating it totally.
It's an undeniable fact that Availability of Black money is a major contributor for the spiraling prices. As long as Black money is there, all other measures are an exercise in futility.


Black money is generated by the rich to avoid taxes and accounting for illegal profits. Hawala route is also used by common NRI's to transfer funds into India as itv is fast. leaves no trail and many times the exchange rate is higher than official rate. I feel it will be difficult to stop generation of black money. We are after BM abroad because we know where it is parked, but many times more is circulating in the country which no one is after. prices will continue to be impacted by BM esp real estate.


True. But there is nothing wrong in trying to contain BM, though not to eradicating it totally.


Including myself I have seen many times given an option to pay against a bill and pay taxes or pay without bill and save taxes.everyone chooses the latter and expect govt to control BM.
It's an undeniable fact that Availability of Black money is a major contributor for the spiraling prices. As long as Black money is there, all other measures are an exercise in futility.


Black money is generated by the rich to avoid taxes and accounting for illegal profits. Hawala route is also used by common NRI's to transfer funds into India as itv is fast. leaves no trail and many times the exchange rate is higher than official rate. I feel it will be difficult to stop generation of black money. We are after BM abroad because we know where it is parked, but many times more is circulating in the country which no one is after. prices will continue to be impacted by BM esp real estate.


True. But there is nothing wrong in trying to contain BM, though not to eradicating it totally.


Including myself I have seen many times given an option to pay against a bill and pay taxes or pay without bill and save taxes.everyone chooses the latter and expect govt to control BM.


Yes. Human nature is always drawn towards unhealthy practices.
It's an undeniable fact that Availability of Black money is a major contributor for the spiraling prices. As long as Black money is there, all other measures are an exercise in futility.


Black money is generated by the rich to avoid taxes and accounting for illegal profits. Hawala route is also used by common NRI's to transfer funds into India as itv is fast. leaves no trail and many times the exchange rate is higher than official rate. I feel it will be difficult to stop generation of black money. We are after BM abroad because we know where it is parked, but many times more is circulating in the country which no one is after. prices will continue to be impacted by BM esp real estate.


True. But there is nothing wrong in trying to contain BM, though not to eradicating it totally.


Including myself I have seen many times given an option to pay against a bill and pay taxes or pay without bill and save taxes.everyone chooses the latter and expect govt to control BM.


Yes. Human nature is always drawn towards unhealthy practices.


So inhuman behavior will control BM.
It's an undeniable fact that Availability of Black money is a major contributor for the spiraling prices. As long as Black money is there, all other measures are an exercise in futility.


Black money is generated by the rich to avoid taxes and accounting for illegal profits. Hawala route is also used by common NRI's to transfer funds into India as itv is fast. leaves no trail and many times the exchange rate is higher than official rate. I feel it will be difficult to stop generation of black money. We are after BM abroad because we know where it is parked, but many times more is circulating in the country which no one is after. prices will continue to be impacted by BM esp real estate.


True. But there is nothing wrong in trying to contain BM, though not to eradicating it totally.


Including myself I have seen many times given an option to pay against a bill and pay taxes or pay without bill and save taxes.everyone chooses the latter and expect govt to control BM.


Yes. Human nature is always drawn towards unhealthy practices.


So inhuman behavior will control BM.


If it is necessary and if it is thought inhuman ways work, Why not?
it was necessary to hike prices. it was the decision of UPA govt, NDA has just implemented .
it was necessary to hike prices. it was the decision of UPA govt, NDA has just implemented .


True. Whosoever has introduced, in the present conditions price rise is imminent .
it was necessary to hike prices. it was the decision of UPA govt, NDA has just implemented .


No one likes price rises but genuine price rises are accepted. However the BJP would make such hue and cry and even stall House proceedings and come on roads to protest against price rises by UPA , that when it does so today many people find it double faced behavior. They should have practiced what they preached to UPA to avoid price rise. We all know prices in a growing economy will go up, but consistency in stand by political parties should be there.
it was necessary to hike prices. it was the decision of UPA govt, NDA has just implemented .


No one likes price rises but genuine price rises are accepted. However the BJP would make such hue and cry and even stall House proceedings and come on roads to protest against price rises by UPA , that when it does so today many people find it double faced behavior. They should have practiced what they preached to UPA to avoid price rise. We all know prices in a growing economy will go up, but consistency in stand by political parties should be there.


BJP is very clear in its stance. Double standards and dual talk took birth in the corridors of Congress. It's the pioneer.
it was necessary to hike prices. it was the decision of UPA govt, NDA has just implemented .


No one likes price rises but genuine price rises are accepted. However the BJP would make such hue and cry and even stall House proceedings and come on roads to protest against price rises by UPA , that when it does so today many people find it double faced behavior. They should have practiced what they preached to UPA to avoid price rise. We all know prices in a growing economy will go up, but consistency in stand by political parties should be there.


BJP is very clear in its stance. Double standards and dual talk took birth in the corridors of Congress. It's the pioneer.


All ruling parties (Congress/ BJP) and main opposition(Congress. BJP act alike. Only roles change. BJP govt. has rolled back MST rail fares. They have also no deferred proposed gas cylinder subsidy reduction. Obviously tey have slowed down hard decisions in view of popular reaction. It will be foolhardy to assume that BJP is in any way different from Congress as regards economic policies.
it was necessary to hike prices. it was the decision of UPA govt, NDA has just implemented .


No one likes price rises but genuine price rises are accepted. However the BJP would make such hue and cry and even stall House proceedings and come on roads to protest against price rises by UPA , that when it does so today many people find it double faced behavior. They should have practiced what they preached to UPA to avoid price rise. We all know prices in a growing economy will go up, but consistency in stand by political parties should be there.


BJP is very clear in its stance. Double standards and dual talk took birth in the corridors of Congress. It's the pioneer.


All ruling parties (Congress/ BJP) and main opposition(Congress. BJP act alike. Only roles change. BJP govt. has rolled back MST rail fares. They have also no deferred proposed gas cylinder subsidy reduction. Obviously tey have slowed down hard decisions in view of popular reaction. It will be foolhardy to assume that BJP is in any way different from Congress as regards economic policies.


As far as administrative ways and implementation are concerned BJP has an edge over Congress.
it was necessary to hike prices. it was the decision of UPA govt, NDA has just implemented .


No one likes price rises but genuine price rises are accepted. However the BJP would make such hue and cry and even stall House proceedings and come on roads to protest against price rises by UPA , that when it does so today many people find it double faced behavior. They should have practiced what they preached to UPA to avoid price rise. We all know prices in a growing economy will go up, but consistency in stand by political parties should be there.


BJP is very clear in its stance. Double standards and dual talk took birth in the corridors of Congress. It's the pioneer.


All ruling parties (Congress/ BJP) and main opposition(Congress. BJP act alike. Only roles change. BJP govt. has rolled back MST rail fares. They have also no deferred proposed gas cylinder subsidy reduction. Obviously tey have slowed down hard decisions in view of popular reaction. It will be foolhardy to assume that BJP is in any way different from Congress as regards economic policies.


As far as administrative ways and implementation are concerned BJP has an edge over Congress.


This is immature. So far, there is only propaganda and press/ TV are still behaving in frenzied manner. It will be better to wait for full one year to arrive at sensible and realistic conclusions.
it was necessary to hike prices. it was the decision of UPA govt, NDA has just implemented .


No one likes price rises but genuine price rises are accepted. However the BJP would make such hue and cry and even stall House proceedings and come on roads to protest against price rises by UPA , that when it does so today many people find it double faced behavior. They should have practiced what they preached to UPA to avoid price rise. We all know prices in a growing economy will go up, but consistency in stand by political parties should be there.


BJP is very clear in its stance. Double standards and dual talk took birth in the corridors of Congress. It's the pioneer.


All ruling parties (Congress/ BJP) and main opposition(Congress. BJP act alike. Only roles change. BJP govt. has rolled back MST rail fares. They have also no deferred proposed gas cylinder subsidy reduction. Obviously tey have slowed down hard decisions in view of popular reaction. It will be foolhardy to assume that BJP is in any way different from Congress as regards economic policies.


As far as administrative ways and implementation are concerned BJP has an edge over Congress.


This is immature. So far, there is only propaganda and press/ TV are still behaving in frenzied manner. It will be better to wait for full one year to arrive at sensible and realistic conclusions.


Their first month performance gives a clear picture what would be their future performance. Yes. People are ready to wait now after seeing their initial performance.

Topic Author

V

vijay

@vijsaf

Topic Stats

Created Friday, 20 June 2014 15:02
Last Updated Tuesday, 30 November -0001 00:00
Replies 0
Views 3.4K
Likes 0

Share This Topic