Its been quite some time I wrote a blog, but i decided to write this time about an event similar to Occupy Wall-Street that will happen in India sooner rather later. One could say that the Anna movement is similar but I am talking about a moment 10 or 15 times bigger than the Anna Movement. This will be targeting 7 Akbar Road New-Delhi. The object of Indian movement will also be the same, "Wealth parity". I am not preaching socialism, but uncontrolled capitalism in India is taking toll on millions of people. Recently the planning commission talked about people spending Rs 32/ day as non poor. Mr Montek is a well seasoned economist similar to our Prime Minister but the fact that the statement was written to him but some one who doesn't understand economics and only care about the ill gotten money in Swiss bank and going to New York to in tax-payers money to protect their wealth hiding under the disguise of surgery. What they have totally ignored about rs 32 is the inflation. Inflation in India at current rate is about 9% which reduces the purchasing power of people.
Inflation adjusted value of 100 rs = 91 rs (9% inflation)
Based on this the people who are spending Rs 32 now is not because they have more disposable income rather they had to spend that much to afford what they had before. In a layman language this means these people were able to eat a meal with rs 20 before cannot afford the same meal with rs 20 now. If the congress party in India continues their dynasty politics and ignore the common man then is the time for "occupy akbar road".
I say Akbar road because there is no point in occupying the Parliament, the Rashtrapati Bhavan, or even the 7 Race Course Road since none of the decision is made there by the elected members or the council of ministers. whatever is signed into law by the president who is another rubber stamp is all written and executed at 7 Akbar Road.
Lets all not wait for this movement to start rather vote these people out of power and take a oath to not to elect anybody who belong to congress party of India
Jai Hind
Inflation adjusted value of 100 rs = 91 rs (9% inflation)
Based on this the people who are spending Rs 32 now is not because they have more disposable income rather they had to spend that much to afford what they had before. In a layman language this means these people were able to eat a meal with rs 20 before cannot afford the same meal with rs 20 now. If the congress party in India continues their dynasty politics and ignore the common man then is the time for "occupy akbar road".
I say Akbar road because there is no point in occupying the Parliament, the Rashtrapati Bhavan, or even the 7 Race Course Road since none of the decision is made there by the elected members or the council of ministers. whatever is signed into law by the president who is another rubber stamp is all written and executed at 7 Akbar Road.
Lets all not wait for this movement to start rather vote these people out of power and take a oath to not to elect anybody who belong to congress party of India
Jai Hind
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