include_once "include/js/common.js.php";
Home » Blogs » Others » Welcome to the hell from heaven

Others   Add to My Briefcase

Welcome to the hell from heaven

Gaurav Mishra | Friday 1 June 2012 ( 0 Comment)

             Welcome to the hell from heaven

When I saw today’s news paper (economic times) it was written that Goodbye 2020 and Hello, 1991! – Any lame person will be scared from and think twice what is it all about before reading.

Yes it is bigger shock after touching a record low of 56.38 to a dollar, the value of rupee has been fluctuating in the last few days and on Tuesday it was closed to 55.67. Since early March, the rupee has depreciated by over 10 per cent.

Our honorable prime minister say`s that The sharp fall of rupee is a matter of concern. But I don't think we are anywhere near the 1991 situation. The fall of rupee is taking place against the backdrop of global economic problems and the Euro zone debt crisis.

This is the actual fact that I have collect from economic times - India's current account deficit in 1991 was 3% of GDP, today it is hovering at 4%. The fiscal deficit in 1991 was almost 8% of GDP and that was just for the central government. The deficit right now is a tad lower than 6%, better than 1991 but hardly comfortable.

I am not concerned about 1991 crises or what was will be our future in  2020 , we live in 2012  now we are facing problem the Aam Admi  now the only petrol prices is has increased  and there will be  increases of prices of different commodities  .

It was said right by the chairman of HDFC DEEPAK PAREKH  - this is the wake call for the government  …. The latest figures have shaken up for everyone and will shake the confidence of foreign investors too.

 It was time when I use to hear from my grandparents that  petrol prices were just 10 rs a lter and commodities was for X rupees but its different now.

In future our kids will ask about our countries economics problem and what will say the crises we bearded so now it’s time to think and Act right  

Related to Welcome to the hell from heaven
You can find here our registered lawy...
Property Advocates India | Property Lawyers India 1 year(s) ago
Affordable and effectiveness in perfo...
Four Tips and Tricks to Shortlist the Excellent Moving Company 1 year(s) ago
Nice article.
22 Things to do during your Internship Program [Infographic] 2 year(s) ago
The finest web design company. Excell...
Hadoop Training Can Give Your Career A New Height 3 year(s) ago
Total Blogs: 5172
    Total Entries/Category: 1
    Entries in Last Week: 8
   Login Id
  Forgot Password?

  Containing Text
  Search Title Only    
    CEO Blogs
    Personal Blogs
    Corporate Blogs
2012  (3)
first blog Managem... Kartik... CEO Founder MP Blogs Chanaky... chanaky... cipl CAPACIT... RAT_RACE day 3 managem... statist... mba isbf career self_ma... RETALIA... indian... can... custome... user... web 2 login username email id MBA B-SCHOOL EDUCATION KOLKATA CALCUTTA PCCSB PCCSOB ppt Career Courses Embedde... IT... Students software technol... Bharati... career... career... course debate degrees employment graduation IT BMS AFTER WHAT fun March Money M-Gover... Management Governance day 10 momentum speed MP LTE Broadband Sales Online... Mistakes Avoid Links Customer Shoppin... philip... 2002) Godrej Summer... Total... Marketi... McDonalds certifi... recruiter recruit... Solved... agro corpora... sez Chanaky... Chanaky... Chanaky... Free... one month milestone beta 5Ms adverti... Emotion... Marketi... CUT...
spacer gif
Management Paradise
spacer gif
arrow gif About Us
MBA Projects
Kartik Raichura
spacer gif
spacer gif
spacer gif
spacer gif
spacer gif Terms & Conditions
spacer gif Privacy Policy
spacer gif Disclaimer
spacer gif Copyrights
spacer gif Contact Us
spacer gif
spacer gif
spacer gif
spacer gif
spacer gif Zeitgeist
Our Network

MBA B School Blog

MBA Buy Entrance Exam Forms



MBA BMM Network



Copyright 2004 - 2018 Management Paradise.