Thanks to recession prices have come down.
A car is affordable, as both purchase and fuel cost have slid. A house is not as expensive as it was six months ago. A five star hotel room is not so costly and even flying is poised be cheaper.
What else one wants to enjoy life?
Everything is ok, alas! where is the money?
When the prices are traveling southwards, people are not able to catch up because their salaries and perks have been drastically cut that is also fallout of the recession. A few who have a little money have turned extremely cautious, as they have to save for rainy days.
P Chidamabaram, when he was finance minister, had pledged to fill cash in the pockets of men and purses of women, in one of his budgets.
Now, the Prime Minister Dr. Manmohan Singh, who had shored up the economy when it had hit the rock bottom, as a finance minister, I 90’s, is in-charge of finances. He needs to remember PC’s pledge and move ahead.
As he put forth a stimulus package to cheer the slumping industries, Dr. Singh needs to stimulate common man to go for shopping.
How to do this? The master of finances knows better.
