Three more days left behind for this year to end. If we look back, 2010 have seen a lot of growth as well as a few drawbacks to our country. The year saw India’s industrial output expansion by 17.6 per cent in April. The manufacturing sector that accounts for 80 per cent of the index of industrial production (IIP) grew 19.4 per cent in April 2010, as against 0.4 per cent a year-ago.
Capital goods production grew by 72.8 per cent against a contraction of 5.9 per cent a year ago. Consumer durables output continued to grow at a fast pace of 37 per cent, mirroring higher purchase of goods such as televisions and refrigerators. The development in technology up to 3G is another highlight of the year; the tech savvy generation may be the most benefitted by the innovations.
India is the second largest two wheeler market in the world. Not only a major automobile player in the World, it is the second largest in telecommunication network. One can be a proud Indian on looking through the angles of technological innovations where as on the other side the condition has become worse. One cannot survive with a two wheeler and a mobile phone. To survive, one has to care the appetite properly (What to do, the world is yet to innovate technologies to control the appetite!!!! :)).
Vegetable prices have risen across the country on the heels of the much-decried hike in fuel prices. The price of vegetables keeps soaring, for the last one and half weeks, put up the common man into trouble. The prices of vegetables, especially tomato and onion have gone up drastically around Rs 80 per Kilograms, with a hike of 25 percent, affecting the family budget of commoners, especially those who prefer eating at hotels and restaurants frequently.
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