Saturday 28 June 2014

HOW CAN WE DE LINK LOCAL INDIAN MARKET FROM GLOBAL MARKET ?

Why PETROL, DIESEL or GOLD prices are determined by international market why not disconnect all that is linked by umbilical cord to the global market  ?  A price of a say "x " article  is estimated in dollar because we sell to global clients and buy from global clients and so that price is determined by demand and offer of global market. Why not government create two system of price fixing ? Let me explain by an example :  Those who want to export rice to America , let them use dollar price which is determined by the give and take of "offer and demand" of world market but let central government  RETAIN THE POWER OF DETERMINING PRICES THAT MAY MAKE PEOPLE SUFFER LIKE PETROL, gas ALL DESTINED TO LOCAL CONSUMPTION. That is, the shopkeeper who wants to sell rice to local client will have to apply the price fixed by central government that is automatically indexed with a formula determining the buying capacity of the people (rate of salary growth ) and the incremental tendency of the prices of commonly used  commodities (rate of inflation). These commonly used commodities' list  may be annexed to that law as  follows :  petrol, diesel, milk, butter, oil, all food items, gold, silver,  all building construction, all leisure activities, all transportation vehicles, education, medical care, agricultural, industrial products and every other imaginable commodity that is needed to run a family,  Conclusion : Central government should make a law to propose two price system for the same commodity, one PRICE for export and import and another PRICE (for local selling and buying activities) that should be strictly protected from fluctuation of global market . Separating and safeguarding our prices from the global market that make it fluctuate should be our priority. Please twit this to as many BJP ministers and to MODI and share with all your friends and families to end INFLATION .

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