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Sunday 2 November 2014

Tips for Economic Growth

The major factor of economic growth is trade, commercial things, production, manpower, resources and all that stuff... All that is what India already has! But then still, why is India lacking behind in economic growth? The answer is again, we people. No government, no bank, no policy, nothing is responsible for a slow progress in economy in the case of India.

Here are some tips which we can ply with:
1. Keep the money in circulation: The more the money circulates, the greater will be the economy. Keeping the money with yourself will block the money and will result in the lowering of points in the stock exchange. Believe me, DON'T SAVE YOUR MONEY to a greater extent. I know it is too important to save, but, NOT TO A GREATER EXTENT. Keep it in circulation.

2. Don't spoil currency notes: Let us take a ten-rupee note. India has approximately Rs. 84,18,00,00,00,000 (8418 Crores) in circulation. I repeat, 'in circulation'. If we add the money which is kept for saving, then, it will break all the records. A classmate of mine once spoiled a ten rupee note by drawing on it. This note will not circulate, which means, 10 rupees have been deducted from 8418 Crores. India has a population of 1.25 billion. Now think, how many people will be spoiling 10-rupee or even bigger notes every day - Millions! For you, a ten-rupee note doesn't matter, but in all, for such a big nation, it will matter, a lot!

3. Be willing to work and earn: Government provides a lot of opportunities and jobs for all. It is we who don't work. Use the manpower which India has, use it!

4. Invest: Investing too relates to the major point to keep the money in circulation. The more you invest, the better will be economy. So, try to invest, if you can.

These are some simple points. If we try to achieve nothing is difficult. If not 1 and 4, at least you can follow point number 2 and 3! So, never spoil currency notes by writing or drawing on them and be willing to work and earn!

Take a pledge to keep your notes clean and fresh, if you truly love your country!  

2 comments:

  1. Hello! I am Dheeraj Dhanrajan from Chennai. I support your 2nd point to not spoil currency notes. I and my friends have started a campaign for it... It is on our own budget. I am veryhappy to see coming up wit this type of post.

    ReplyDelete
  2. Hello and thank you for supporting!

    ReplyDelete