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Sreekrishna Koppuravuri

I am an economist.

Disciple [?]

Sreekrishna Koppuravuri agreed with a discussionNov, 12 2016

AMA with Dr. JayaPrakash Narayan

JPNarayan is now live to discuss the Agricultural reforms in India. AskHimAnything
Sreekrishna Koppuravuri started a new discussionNov, 08 2016

People should not depend on governments for growth

Why should people depend on governments for growth?

People are desperately depending on governments for growth. So, development became an agenda in elections. Every government is trying to boast themselves as champions of development. Governments are creating fictitious figures to show high growth rates. But, understand that earning capacity of common person decreased in Capitalism. Let us compare the earning capacity of a common man in this aspect. About 25 years back, the salary of a fresh graduate was Rs: 600/- per month and price of a meal was Rs: 2.25. It means that one could buy 267 meals with that salary. Nowadays, we can take Rs: 8,000/- as an average salary for a fresh graduate and the price of a meal is Rs: 80/-. It means that one can buy 100 meals with this salary. Then, whose purchasing capacity is more? Actually, the standard of living of an average Indian has come down by about 2.7 times from the last 25 years. Previously, even if one man in a family earns money, they could bring up about 3 – 4 children. But, it is very difficult to bring up one child nowadays even if both parents work hard in their jobs. It is enough proof that our standards of living have come down. So, we should not depend on growth rates of governments

Why should people depend on governments for growth?People are desperately depending on governments for growth. So, development became an agenda in elections. Every government is trying to boast themselves as champions of development. Governments are creating fictitious figures to show high growth ra

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