Fluctuations in purchasing power.


Various international surveys have projected the Indian consumer-market to grow, but the average consumer's purchasing power is on the decline, weighing on the prevailing economy in India. This time, the Diwali season saw an occasional surge in the market, and Vikram's new year will see a boom in the wedding season. According to a research report on Profitable Growth, the spending power of Indian consumers is likely to reach one trillion dollars annually. If the government does not put any new hurdles, this target can be reached in the next one-two years. We used to have norms of economically lower class, middle class, upper middle class and upper class, but now the picture has changed and there are homogenities in lower class, middle class and upper middle class.

In cities, sometimes a middle-class youth coming or going from college is seen at every petrol pump supplying half a liter of petrol. Although the percentage is small, the number of people who supply only one liter of petrol is very large in the country. They cannot supply a week's worth of petrol in their bikes at once. What was once a thin line between the upper middle class and the middle class has now been erased. Also, the class keeps changing during the year. The debate in the country about the inflation that is taking a toll on the family from all sides is irrelevant now. Sahu has long accepted the inflation and changed his lifestyle. People's lives are disturbed by the constant barrage of new types of laws. A changed lifestyle i.e. austerity is sending an icy chill to the Indian markets. All markets are cooling rapidly. This is a dangerous factor that can lead the economy to a pitfall.

Ten years ago, professor of Emory University of America. Charles Kellstedt was the guest from Gujarat. In the discussions held by the Federation of Gujarat Industries under his chairmanship, it was said then that the government itself is a problem (rather than a solution) for the common citizen of the country these days. If the central government does not deliver the sweet fruit of the so-called development to the common people to increase the purchasing power of the common people, there is a fear of a democratic revolution like Egypt in India. His words were even harsher, at that time Mr. Modi was yet to emerge in the national politics of the country, but even after all these years, the great economists said that not much has changed and the purchasing power of the common citizen is decreasing day by day. The current central government is not unaware of these coincidences, so the efforts of economic revolution as expected by those economists have been made, but unfortunately for the BJP, none of the sweet fruits of those efforts have reached the citizens.

According to surveys, citizens of the capital New Delhi have the highest purchasing power in India. They shop on a whim. There are many houses in Delhi and Mumbai now that do not have kitchens at all. It is true that Tawdi wanted 13 things, but they have got rid of 13 things by destroying the kitchen itself. Maybe have some Koromoro snacks in the house! Apart from that, there is food in the fridge! Mumbai has more purchasing power after Delhi. Then there are Pune, Thane, Calcutta and Ahmedabad. The ranking excludes a number of the country's sickest cities, which show that their vibrancy has been maintained, but the purchasing power of the population has declined, which is a threat to the economy. Ahmedabad's commitment to going out every evening and indulging in delicious (mostly sattva-free) food can't be beat and that's why Ahmedabad has made its way into the top five giant purchasing power cities of the country.

Ahmedabad is considered to be the capital of Avighisar of Gujarat, but it also leads the food and beverage industry. All that was praised in the state and in the country, Ahmedabad has happily settled in itself! A hobby is a hobby after all, it has no relationship with health charts, Gujarati language has asserted! Economists advise not to consider the highest purchasing power as the highest wealth.

Comments

Popular posts from this blog

A sign of the second revolution in China after Mao's revolution

Talk of Delhi: Reconciliation with Gehlot, Pilot supporters confused

China's Insidious Privacy

Adhir's allegation, Mamata's daily expenses of 3 lakhs

Talking about Delhi: The government was shocked by the report about the China border

A minor was killed in public in Delhi, people watched the spectacle

Uproar in UP politics due to attack on Chandrasekhar Ravan

Tribal bus services: Even the tribals do not like private bus service very much

Talking about Delhi: Government will bring home loan subsidy scheme

Ultimatum of Akal Takht, terrorism will flare up in Punjab?