INDIAN ECONOMY

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Hello Friends

In This New year

WE CAN MAKE A HUGE DIFFERENCE TO THE INDIAN ECONOMY BY FOLLOWING FEW SIMPLE STEPS.

 

Please spare a couple of minutes here... for the sake of India ... our country.

 

 

I got this article from one of my friends, but it's true, I can see this in day to day life,

 

Small example,

Some time back 1 US $ = IND Rs 39

And now 1 $ = IND Rs 47

 

Do you think US Economy is booming? No, but Indian Economy is Going Down.

 

Our Economy is in our hands

INDIAN economy is in a crisis. Our country, like many other ASIAN countries is undergoing a severe economic crunch. Many INDIAN industries are closing down And if we do not take proper steps to control those, we will be in a critical situation.

 

 

More than 30000 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.

 

 

A cold drink that costs only 70 / 80 paisa to produce is sold for NINE rupees, and a major chunk of profits from these are sent abroad. This is a serious drain on INDIAN economy.

 

 

We have nothing against Multinational companies, but to protect our own interests we request everybody to use INDIAN products only for next two years. With the rise in petrol prices, if we do not do this, the rupee will devalue further and we will end up paying much more for the same products in the near future.

 

What you can do about it?

1.. Buy only products manufactured by WHOLLY INDIAN COMPANIES.

2. ENROLL as many people as possible for this cause.

 

 

Each individual should become a leader for this awareness.

 

This is the only way to save our country from severe economic crisis. You don't need to give-up your lifestyle. You just need to choose an alternate product.

 

All categories of products are available from WHOLLY INDIAN COMPANIES.

LIST OF PRODUCTS

COLD DRINKS:

USE: - LEMON JUICE, FRESH FRUIT JUICES, CHILLED LASSI (SWEET OR SOUR), BUTTER MILK, COCONUT WATER, JALJEERA, ENERJEE, and MASALA MILK...

INSTEAD OF: -

COCA COLA, PEPSI, LIMCA, MIRINDA, SPRITE

BATHING SOAP:

USE - CINTHOL & OTHER GODREJ BRANDS, SANTOOR, WIPRO SHIKAKAI, MYSORE SANDAL, MARGO, NEEM, EVITA, MEDIMIX, GANGA , NIRMA BATH & CHANDRIKA

INSTEAD OF - LUX, LIFEBOY, REXONA, LIRIL, DOVE, PEARS, HAMAM, LESANCY, CAMAY, PALMOLIVE

 

TOOTH PASTE: -

USE - NEEM, BABOOL, PROMISE, VICCO VAJRADANTI, PRUDENT, DABUR PRODUCTS, MESWAK

 

INSTEAD OF - COLGATE, CLOSE UP, PEPSODENT, CIBACA, FORHANS, MENTADENT.

 

TOOTH BRUSH: -

USE – PRUDENT, AJANTA , PROMISE

INSTEAD OF - COLGATE, CLOSE UP, PEPSODENT, FORHANS, ORAL-B

SHAVING CREAM:

USE - GODREJ, EMAMI

INSTEAD OF - PALMOLIVE, OLD SPICE, GILLETTE

 

BLADE:-

USE - SUPERMAX, TOPAZ, LAZER, ASHOKA

INSTEAD OF - SEVEN-O -CLOCK, 365, GILLETTE

 

TALCUM POWDER:

USE - SANTOOR, GOKUL, CINTHOL, WIPRO BABY POWDER, BOROPLUS

INSTEAD OF - PONDS, OLD SPICE, JOHNSON BABY POWDER, SHOWER TO SHOWER

 

MILK POWDER:

USE - INDIANA, AMUL, AMULYA

INSTEAD OF - ANIKSPRAY, MILKANA, EVERYDAY MILK, MILKMAID.

 

SHAMPOO:

USE - LAKME, NIRMA, VELVET

INSTEAD OF - HALO, ALL CLEAR, NYLE, SUNSILK, HEAD AND SHOULDERS, PANTENE

MOBILE CONNECTIONS:

USE - BSNL, AIRTEL, DOCOMO, TATA indicom,RELIANCE

INSTEAD OF - VODAFONE

Food Items:

Eat Idly, Dosa, Puri, Upma

INSTEAD OF - KFC, PIZZA HUT, A&W

 

Every INDIAN product you buy makes a big difference. It saves INDIA . Let us take a firm decision today.

 

 

BUY INDIAN TO BE INDIAN. We are not against foreign products.

 

WE ARE NOT ANTI-MULTINATIONAL.

 

WE ARE TRYING TO SAVE OUR NATION. EVERY DAY IS A STRUGGLE FOR A REAL FREEDOM.

 

WE ACHIEVED OUR INDEPENDENCE AFTER LOSING MANY LIVES.

 

THEY DIED PAINFULLY TO ENSURE THAT WE LIVE PEACEFULLY.. THE CURRENT TREND IS VERY THREATENING.

 

MULTINATIONALS CALL IT GLOBALIZATION OF INDIAN ECONOMY. FOR INDIANS LIKE YOU AND ME IT IS RECOLONIZATION OF INDIA ...

 

THE COLONIST'S LEFT INDIA THEN. BUT THIS TIME,THEY WILL MAKE SURE THEY DON'T MAKE ANY MISTAKES.

 

 

WHO WOULD LIKE TO LET A" GOOSE THAT LAYS GOLDEN EGGS" SLIP AWAY.

 

PLEASE REMEMBER: POLITICAL FREEDOM IS USELESS WITHOUT ECONOMIC INDEPENDENCE

 

 

RUSSIA , S.KOREA , MEXICO ..........THE LIST IS VERY LONG!!

LET US LEARN FROM THEIR EXPERIENCE AND FROM OUR HISTORY.

 

LET US DO THE DUTY OF EVERY TRUE INDIAN.

 

 

FINALLY: IT'S OBVIOUS THAT U CAN'T GIVE UP ALL OF THE ITEMS MENTIONED ABOVE,

 

 

SO GIVE UP AT LEAST ONE ITEM FOR THE SAKE OF OUR COUNTRY.

We would be sending useless messages to our friends daily.

Instead please forward this to all your friends to create awareness.

"LITTLE DROPS MAKE A GREAT OCEAN "

 

PLEASE TRY TO BE AN INDIAN

 

From an INDIAN

[K'dash]

I would if i was in India..

[m-JeRi]

Not gonna happen. In India people ape everything western.

 

You remember the article about some Lord from England. He said Indians think everything foreign is good and better than theirs.

Just look at the forums. The buying brands in the what u bought thread, the language use in typing by some, their styles.

 

 

And besides this is a mail forward. I got it like a year back.

 

[pArth]

except amul milk , i dont use any of the above items manufactured in india ... will have to change

[Karooo]

bro that article is wrong on so many levels.

[playstation]

INSTEAD OF - LUX, LIFEBOY, REXONA, LIRIL, DOVE, PEARS, HAMAM, LESANCY, CAMAY, PALMOLIVE

Never knew till know that lifeboy is videshi brand...

Anyways I already do most of the things mentioned...I hardly ever drink cold drinks(its mostly lassi for me)

and even pizza kfc i go once or twice in a year thats it.

Someday Indian 1 Rupees = 45 US$

[93bullets]

Not gonna happen. In India people ape everything western.

 

You remember the article about some Lord from England. He said Indians think everything foreign is good and better than theirs.

Just look at the forums. The buying brands in the what u bought thread, the language use in typing by some, their styles.

 

 

And besides this is a mail forward. I got it like a year back.

so true

[93bullets]

well no cold drinks for me i o usually with nimbu pani and H2O

 

and airtel

 

 

but the problem is that the indian multi nationals also exploit india like the western multi nationals do

[Jigsaw]

Very good point. Respect man

 

I'm chucking my plans to buy the 3rd iteration of that angry,bald, testosterone-filled guy running around slashing poor gods and buying Desi Adda for my psp

Jk

[Angad.]

What about condoms??? Ab nirodh use karne ko mat boliyo

 

 

But jokes apart, bro i dont think you realize this, but what you are suggesting will have a huge negative impact on our economy!! Here are some matter-of-facts which not only negates your suggestion but also imposes tha fact that if we do start following your suggestion, our economy will come crashing down:

 

1) Do you realize that more than 40% of our working population works for MNCs. If we stop buying products from these MNCs, then they will obviously close down, and we will have 40% of our working population sitting at home. The domestic companies would not be able to manufacture jobs at such a high rate to accommodate a majority of these, now, jobless people.

 

2) Majority of our (i.e. domestic comapnies) funding depends on investments from these very MNCs. Our sensex rises only because of the investments from FIIs who mainly invest in these MNCs.

 

3) These MNCs bring in competition, experience, infrastructure etc. without which our markets would fail.

 

4) The salary packages in MNCs being high, it gives more purchase power to the consumers, thus resulting in higher savings + expenditure. Therefore there is a healthy circulation of money in the markets.

 

I could go on and on about how we need both the MNCs and Domestic Companies, and eliminating either of them would just spoil the market balance and thus result in a big market crash!!

[Karooo]

What about condoms??? Ab nirodh use karne ko mat boliyo

 

 

But jokes apart, bro i dont think you realize this, but what you are suggesting will have a huge negative impact on our economy!! Here are some matter-of-facts which not only negates your suggestion but also imposes tha fact that if we do start following your suggestion, our economy will come crashing down:

 

1) Do you realize that more than 40% of our working population works for MNCs. If we stop buying products from these MNCs, then they will obviously close down, and we will have 40% of our working population sitting at home. The domestic companies would not be able to manufacture jobs at such a high rate to accommodate a majority of these, now, jobless people.

 

2) Majority of our (i.e. domestic comapnies) funding depends on investments from these very MNCs. Our sensex rises only because of the investments from FIIs who mainly invest in these MNCs.

 

3) These MNCs bring in competition, experience, infrastructure etc. without which our markets would fail.

 

4) The salary packages in MNCs being high, it gives more purchase power to the consumers, thus resulting in higher savings + expenditure. Therefore there is a healthy circulation of money in the markets.

 

I could go on and on about how we need both the MNCs and Domestic Companies, and eliminating either of them would just spoil the market balance and thus result in a big market crash!!

 

+100

[killzone123]

SHAMPOO: NIRMA

nirma detergent ka shampoo bhi hai

[Madmage]

Use KS not durex ...

[Solitaire]

How about chucking all the western-made games and game consoles and instead buying stuff from Indian companies???

 

 

Note: If you want to chuck your old Non-Indian game discs, I'm willing to help take them off your hands for free

 

[Jigsaw]

Bas gaurav... Fokat mein mila toh aa gaya... Yeh le

[lastAvenger]

Dude!

When a company like Coke does business here, its employing Indians and using Indian resources which in turn its paying taxes too and generating income and employment. The only part which is going to Western countries is the 'profit' part. You know what will happen if other countries start ditching our products ?

 

Your 1$ = 47Rs will go much higher.

 

Balance of Trade will be even more irregular than what it is now.

[Nemo]

wow the Opening post has so much fail !!

 

having a weaker rupee does NOT necessarily mean that the economy is going down.

 

Weaker rupee = More buyers of indian goods from abroad = Indian export industry booming = more forex reserve coming to india.

 

Stronger rupee = less buyers of indian goods abroad, export industry suffers as a result. Not to mention the (huge number of) Indian workers employed in IT out sourcing will suffer.

 

Of course there is a flip side to it,

 

Weaker rupee means having huge import bill and negative in balance of payment (which incidentally is highly negative as it is), India being predominantly an importing country would suffer a bit more if rupee is weak compared to strong, yes.

 

BUT ALL IS NOT BLACK AND WHITE IN ECONOMICS. One cannot just say strong rupee >>>>> weak rupee. Both have their pros and cons, its not so simple, hell even i am not sure about the whole thing when i am in final year of my eco graduation.

 

SO what is needed is not having an extreme value but somewhere in the middle that would enable India to maintain its competitiveness in world market (weak rupee) while also giving faith to foreign investors to invest via FIIs (strong rupee). Now how to go about that ?? rest assured its a complex process and not just solvable by having a mass movement of consuming domestic only goods, there is a Planning commission and a RBI who are more than capable enough to formulate a median.

 

I suggest you to have a read here for a better detail.

EDIT- i am not doubting the effort of scorpioguy, he obviously has a very noble intention but i was just kinda stupefied at the drawing of conclusion w/o thinking ALL the economic complications behind them, sorry if my post came a bit harsh.

[Cyborg]

 

 

India is a free democracy, its people are free to use whatever they want. FAIL forward email.

 

[Angad.]

And just to add a fact about the dollar rate fluctuations, there are 10000 reasons for it going up or down. Obviously, outflow of the currency is one of them, but you need to look at other facts as well.

 

Lets see the rate fluctuations first (man...im enjoying this now ):

 

Here are the dollar rates (Monthly average) for the years 2007, 2008 and 2009.

 

Now, you can clearly see that the rate (i.e 39) that you mentioned, started from May 2007 and continued till May 2008. If you remember, this was the golden period for our economy when the IT stocks were booming!! We were getting shitloads of business from US, during this period, and thus the inflow of the foreign currency was enormous. FII were heavily investing in our economy during this period. This brings me to the most important fact that has resulted in the american dollar rate moving from 39 to 50 within just 2 months (August 2008 - October 2008), and that is the sudden decline in the "foreign currency inflow", as the US economy got hit hard by the sub-prime lending fiasco. Due to that, 80% of the business, that we were getting from US, got severly affected (basically we lost all that business). That is the sole reason why the dollar rate moved from Rs.39 to Rs.50!!

 

The whole world's markets (being so dependant on the US economy) fell into recession. India (even though it was HEAVILY dependant on the US economy) was one of the only few countries that had minimal impact of this recession (as compared to the other countries). The domestic companies that are closing down, are not doing so because people are buying products manufactured by the MNCs, but because they had huge investments in the US markets which crashed (there are many other reasons as well).

 

However, we (infact the whole world) is now recovering pretty well (and quickly) from the recession, and you can see how the dollar rate is now steadily depreciating (its now at Rs. 46). Do not worry about the brands n all.....whatever you buy is helping the Indian Economy. Infact, the more you buy, the better the markets perform !!

[Nemo]

nice write up angy. very well put. you too an eco student by any chance ??