Multinationals ruining Indian economy
The Indian economy is getting drained every second. With every Multinational company product we buy we degrade our own currency and upgrade the dollar. As a result inflation is rising. We the consumers can do a lot to remedy the situation.
INDIA IS suffering from a great economic crisis. Inflation is on the rise every day. The government has surrendered before the situation and said that they can't control it. But we the people can control it and save our country on our own. And we don’t have to martyr ourselves to the cause either. No shedding of our blood or making any sacrifice is necessary; we just have to abandon multi-national products totally. Every product we buy from a multinational company degrades our rupee and upgrades the dollar. So automatically western countries are becoming richer and we are getting poorer. Let us overcome our witless frenzy for imported and multinational goods.
More than 60,000 crore rupees of foreign exchange are being siphoned out of our country on products such as cosmetics, snacks, tea, beverages, etc. which are grown, produced and consumed here. MNCs set up their businesses in India with a very low investment and make huge profits or turn over by fooling us with sexy and tempting ads on T.V. Our superstars also serve their cause by endorsing these products.
Let us vow to be Indian and buy Indian. Every product is available here by wholly made by Indian companies. We have just to choose an alternate Indian product. It will simply incline our rupee and strengthen our economy.
.Do you like apples?
India and Indians always gloat that India is one of the ������Tiger������ nations with strong economic growth, and they base the success of their Country only on this basis, its economic strength. Well sorry to burst your bubble but a Country is only considered successful after many more factors have been met, with millions of Indian people half staving, 1.3 million child prostitutes, and people defecating in the streets, India has a long way to go to become ������successful������ or even to be civilized for that matter, I have been there many times on business, I have met Indian Billionaires who never give a rupee back to their communities, how much help did India offer to Haiti? Or Chile? Nothing, Indians only care for themselves, littersally themselves not their neighbour but just them. India has the second largest amount of Billionaires in the world. So why do I am I having to sponsor a child from deli at $50 per month so he wont starve?, I������ll tell you why so that he can grow up and steal a job from my daughter, and that Indians don������t give a damn about him.
In the UK and Dubai and even the States, Indians arrive and steal the jobs of the locals why? Are they better at their job? NO they ARE CHEAPER, don������t kid yourselves there is any other reason at all because there is not. I.T Companies hire them by the KG, a tipper truck tips them out on the pavements ready to undercut anyone with a laptop.
������.How d������you like dem apples?
.Production meant for domestic consumption versus production meant for exports : some analysis have been done on this issue andthe findings are : Wherever manufacturing is done for domestic consumption, lot of things are taken for granted like thefollowing (chief ones): (a) family businessess can thrive on through dynasty rule that is, father-son-grand son and so on can keep runningthe businesses for furthering their vested interests (b) When it comes to transperency, much of the happenings are concealedgiving way to lots of favouritims and nepotism right from the purchase of raw materials to supplying the finished products(c) Because, things are taken for granted, quality definitely suffer (d) Control on keeping the price of the finished goodswithin acceptable limits also take a beating (e) Many a time, black money gets generated either knowingly or unknowingly whichultimate finds its way in foreign bank accounts without coming back to the main stream. On the reverse, wherever manufacturingis made with earning export income as objective the following are derived : (a) Greater transperency in all areas ofoperations are needed for preventing mis match at any of point of time in the entire manufacturing process (b) Forign buyerscan come and inspect the goings on at periodical intervals to find out whether any exploitation of labour is taking place likemeagre salary, not so good work environment, lack of basic facilities etc. (c) Export earnings always aim at sterngtheningthe country's financial position in the best right manner. Today USA is in need of money in a big way and look at how china ishelping USA in parking its surplus funds earned through decades of export earnings. Whereas in India, a good amount of moneyis in foreign accounts which is neither helping our country nor can we park the same as a helpful gesture to other friendlycountries in need of finance because India has been domestic oriented for a long time. If only China withdraws the fundsfrom the USA accounts, the dollor will fall like nine pins, which I am sure, China is NOT going to do. Therefore, time has come to chalk out great plans for exportingIndian made goods reach different parts of the world which will guarantee not only great foreign exchange earnings but alsogreat job creation with acceptable standardised benefits to enable a good number of bottom class & low middle class to become respectable middle class family. With more and more export earnings, country's image gets a solid boost - finding a range of made in India goods at nook and corner of the world should make every citizen feel real proud!!!
Login
 Login through Social ID
|
