Monday, July 8, 2013

Falling rupee and Common man


Falling rupee will result in climbing prices of all commodities and servicesThe increase in prices will be passed through the common man as he hasno choice but to receive the burden. As it is the common man has no hopesof getting any reliefs from price rise experienced in food prices, transportation costs, house rents, school fees, medical expenses, and other maintenance costs. What theory of economics the Government is following needs to be explained to people so that they can have their own theory to circumvent if possible. Dr.T.V.Gopalakrishnan  ( This comment is in response to a write up " Falling rupee is not just pinching but it is killing all of us " that appeared in Times of India dated 9/7/13)

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