Poor becoming poor. Iron Walla, teastall owners, pakora sellers are only now cash rich.
All are not as rich as you. People are finding it difficult to feed their children. Any body can make statement but ground reality is 99 percent people are sufferings with hungry.
In India there is no proper and stadardised process to measure data without prejudice. We are unable to believe data coming from different sources. What we are seeing is that milions of people have lost jos. Around 1 crore people have lost jobs due to retrenchment or business closure. Diwali sales this time is 25% down in Chennai. This is unprecedented. We are seeing the slowdown happening in front of our eyes.
THE ECONOMIC SLOWDOWN IS A FAKE AND MANUFACTURED NARRATIVE BY VESTED INTERESTS TO PRESSURE GOVT FOR MORE SOPS REDUCE GST SO THAT THEY CAN RETAIN HIGH AND THE REDUCTION IN GST WILL WILL INDIRECTLY GO TO MAKE THEIR MARGINS AND PROFITS. THE GREATEST CULPRIT IS GODREJ AND KIRAN SHAW AND THE AUTOMOBILE INDUSTRY AND MOST OF THE BUSINESS AND THE TRADING ASSOCIATIONS
Copyright © 2020 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service