Posted on: Nov 23, '08

Few thoughts on how to get away from the present economic mess & survive.
My dear friends,
Is it not time to go for some radical reformations in our expenditure to save ourselves from this mess. Whole universe is now reeling under inflations, stock market crashes, tumbling market conditions, stiff competitions, skyrocketing prices on all commodities, communal disturbances, terror tactics, unemployment blues, (politics of hire & fire) pink slips awaiting many existing professionals etc.,
Either the common man or governments are able to justify these erratic behaviours of financial strains.
Is this recessions is self made or our lack of trust in governments & big business houses?
Yes, future is still uncertain as there is peril in every issues, there is fear, there is pain if not we can call it panic.
Simply every one of us is taken back to suspense, glaring tales of dark clouds looming at us.
What way we can help and expect our society & government to act?
Think deeply & loudly. Is it the latest modern era of globalization or our miscalculations?
We are part and parcel of this mess. Every one of us is paying the penalty for our greed factors.
So our duty is now to act fast.
As an individual, an employer, entrepreneur, employee, society, and government we have to cut down our unwarranted expenses first.
Focus on priorities; cost reduction measures, needs changes in our approach, remedial measures through amended laws, improve our domestic needs, pattern of consumption and steps to improve internal economy, financial regulations, recovery of taxes, mass deployment of official machinery known for their honesty & integrity to trace all those black marketers, tax evaders, hoarders, corrupt politicians, underworld don’s, film industry, entertainment houses.
Steps to recover dues through fast track courts on pending central & state direct & indirect tax disputes etc.,
Interlinking of rivers, canals to improve water resources, thereby improve our agro sector, logistic transportation through ferry to ease traffic bottlenecks in roads, aqua income etc.,
Law & order through strict enforcement of stringent actions, non interference of official, political, influential while dealing with sensitive issues, transparent governance, self regulated stock markets, proper checks in credit count to avoid further dept trap, credit evaluations, efforts to improve production, manufacturing facilities, lesser imports, curtail fuel expenses, pooling of vehicles for reducing expenses on fuel, mass public transportation infrastructures developments, self dependence on agro, food produce, lesser taxes, compulsory audit for all business transactions, e- transactions, revival plans to improve small scale & medium industries, arts and crafts, abolition of reservations and concentrate on improving standards of people below poverty lines irrespective of their religion, region.
We need at present the new Governments in state and central for a stable governance…
Trust is our hope and can we?
Subramanian
Tags: economy, society, slice of life, personal