It’s now challenge to save value of rupee This the time when action is must, Gov. has increased the interest rate so high that now it become very difficult to run industries, due to which everyone prefer trading. There are number of industrialists who has closed the production and started importing the goods and doing only branding. Gov. can resolve this problem along with other problems in one shot :- 1) Why Gov. do not force to buy only Indian products, at least in Indian Gov. department. 2) Why Gov. do not give assurance to the Indian manufacturer that if they make quality then Gov. will give priority to them. 3) Increase in interest rate means that you can earn more money without work, so need not to work. 4) Increase on Loan interest rate means, increase in rates of manufactured product. 5) If due to interest rate, cost of product is increased then imported cheaper product will be preferred, so industry will suffer. 6) Gov. interference in industries has further increased the expenses which further increased the production cost. 7) Gov. must check the final products and should support good products. 8) The biggest problem of our Gov. is, if we make delay in Gov. payment then Gov. will charge interest, but if Gov. delay our payment then we will not get interest. 9) In case we supply material to Gov. then we never receive payment on time, quite possible department may say that they do not have funds after receipt of material. 10) Gov. do not give any support to release our payment from the market, in case Customer do not pay our payment then max. we can go to court where it may takes years to decide. 11) etc…… If Gov. support industries, then India will not be dependent on other countries, so automatically Rupee value will increase. Everyone will get job, employment problem will get solved, no one will die due to hunger. Arvind Mittal 09837028516
Posted on: Sun, 11 Aug 2013 17:55:52 +0000
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