How to kill inflation for once and for all.
Inflation bothers all nations, so the best thing to do is introduce food and real estate to a regulated environment, land prices should be fixed at the same level all over India, the person who makes a house or a building would make 5% on overall cost, the investor can make 5% and the actual user can get a house at fixed rate of India + construction cost + 5% for builder and 5% for any investor exclusive of any taxes, if GOI wants they can add 5% as tax....
On food, the Farmer should get a fixed price all over india for a quality and he is allowed to add to his cost let us say 15% the farm product buyer should get to make transport cost + storage cost a addition of 5% and the Wholesaler would be able to add 5% and the retailer 5% and the consumer would pay 100+ 15% + Transport and Warehouse cost + 5% and wholesaler 5% and retailer 5% so onion costing 5 Rs in Lasalgaon in the farm is sold by farmer at 5.75/- transport + 0.50/- Warehouse + 0.25/- = 6.50 + .35 wholesaler + 0.35 Retailer so anywhere the MRP should be 7.20/- for a kilo of onion or maximum 8.20/-
If we can do this we can provide food and housing at cheap prices to all indians and the other fields should be left to competition and profiting but these 2 sectors should be regulated, this is the only way of controlling inflation and promoting general well being all over India. more
On food, the Farmer should get a fixed price all over india for a quality and he is allowed to add to his cost let us say 15% the farm product buyer should get to make transport cost + storage cost a addition of 5% and the Wholesaler would be able to add 5% and the retailer 5% and the consumer would pay 100+ 15% + Transport and Warehouse cost + 5% and wholesaler 5% and retailer 5% so onion costing 5 Rs in Lasalgaon in the farm is sold by farmer at 5.75/- transport + 0.50/- Warehouse + 0.25/- = 6.50 + .35 wholesaler + 0.35 Retailer so anywhere the MRP should be 7.20/- for a kilo of onion or maximum 8.20/-
If we can do this we can provide food and housing at cheap prices to all indians and the other fields should be left to competition and profiting but these 2 sectors should be regulated, this is the only way of controlling inflation and promoting general well being all over India. more
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This is a wise suggestion, but the only problem here it is very difficult to monitor and control all over the country by the government. The malpractice will still be there as most of farmers are not educated and not good in tracking the demand vs supply cost + overheads = profit etc.... Most of the time the farmers are misinformed or cheated by the middlemen more
Jun 12
