BEST WAY TO RECOVER FROM THE PRESENT ECONOMIC CRISIS
In the Manmohan school of economics
Before MODI came to power, a stent for angioplasy cost around 10 Lakhs. It was a time of free market. Now it has been dropped drastically to around ten thousand, due to government regularised prices.
The cost of almost all life saving medicines are also on the same trajectory.
The result was the drastic drop in the GDP index. The growth in the domestic market has shown a negative trend.
So let us together make a claim to the government to increase the cost of these life saving medicines and equipment, so that the GDP growth is sustained to the higher levels. It will also save Indian economy from crisis. Let us take the advice of economist Manmohan Singh.
The best way is to leave the pricing to the market competition, by way of deregulation of pricing by government.
That shall be hailed as bold step in the direction of economic reforms. You can purchase enough reporters and writers by paying 10% of the profit generated out of such increase in revenue to glorify it.
People will believe that they are wise men and the economy is in great shape.
Every family in the evening will boil the GDP data and Sensex along with the other growth indexes and feed their hungry children.
Those are enough for the poor heart patients also.
Manmohan and his economics will declare that Indian economy is in a great shape.
But unfortunately, you and me are not existing in the 'India of his definition'..... The economy of 'his India' will certainly be in good shape...
In the Manmohan school of economics
Before MODI came to power, a stent for angioplasy cost around 10 Lakhs. It was a time of free market. Now it has been dropped drastically to around ten thousand, due to government regularised prices.
The cost of almost all life saving medicines are also on the same trajectory.
The result was the drastic drop in the GDP index. The growth in the domestic market has shown a negative trend.
So let us together make a claim to the government to increase the cost of these life saving medicines and equipment, so that the GDP growth is sustained to the higher levels. It will also save Indian economy from crisis. Let us take the advice of economist Manmohan Singh.
The best way is to leave the pricing to the market competition, by way of deregulation of pricing by government.
That shall be hailed as bold step in the direction of economic reforms. You can purchase enough reporters and writers by paying 10% of the profit generated out of such increase in revenue to glorify it.
People will believe that they are wise men and the economy is in great shape.
Every family in the evening will boil the GDP data and Sensex along with the other growth indexes and feed their hungry children.
Those are enough for the poor heart patients also.
Manmohan and his economics will declare that Indian economy is in a great shape.
But unfortunately, you and me are not existing in the 'India of his definition'..... The economy of 'his India' will certainly be in good shape...
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Date:
06 /09/2019
Place:
New Delhi
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Adv.A.C. PHILIP
Supreme Court of India,
New Delhi
(9769110823)
adv-a-c-philip.blogspot.in
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