As we all know India's growth story is unique because grows in spite of dire state of Govt and virtually no co-operation from their side.There is a saying in our country that "India grows in nights when our govt sleeps!"This is a sentence you get the meaning of when you read this story.This is a small experience but it clarified to me how this whole economy runs by itself.How the money is getting transfered from the riches to the poor.
One day after office, i went to a barber shop.When i reached there, i saw barber was preoccupied with another customer. I decided to sit there and read Gujarati newspapers till my turn comes.
As the person just ahead of me was about to be done, there came an Inova in front of the shop.A kid not more than 10 year old came along with his maid for his hair cutting. Barber finished the person an ask that boy to sit on to the chair.I told him that i came before so i should be serviced first.He told me that it will take hardly take 10 minutes and then he will cut my hair with peace.
I decided to go by what he said.And i waited.It took exactly 10 minutes.It was time to take the money. Barber charged him Rs 75!After that i had the same cutting,and he charged me Rs 25 .The only difference between me and that kid was that i walked into the shop and he came in a car.
This thing clarified me how the flow of the money is in our country.It doesn't requires the State to collect tax from riches,invest them into policies to help the needy and the poor people.People anyway will directly take that from the source itself.If it would came through the Govt,those Rs 75 would have reached as 75 paisa to the barber.Our most popular prime minister accepted that !.This is why we are least affected by the on going recession.Money circulates in the market like this.It is taken out from the big bank balances and added into small saving schemes.Those extra Rs 50 would have triggered that barber to buy fresh fruits on that day thus increasing the earning of that vegetable vendor, who in turn will spend that money buying some sweets home in turn increasing the earning of the sweet vendor.So now with the same efforts three people have gained and their spending power has increased.Hence we fully utilize the fact that India is poor country where rich people live. We take out from riches and directly pump it into the chain without involvement of the Govt.If we can grow in nights like this,what if we start our development in days when state supports us!World leader has to be aware of India's potential.!
One day after office, i went to a barber shop.When i reached there, i saw barber was preoccupied with another customer. I decided to sit there and read Gujarati newspapers till my turn comes.
As the person just ahead of me was about to be done, there came an Inova in front of the shop.A kid not more than 10 year old came along with his maid for his hair cutting. Barber finished the person an ask that boy to sit on to the chair.I told him that i came before so i should be serviced first.He told me that it will take hardly take 10 minutes and then he will cut my hair with peace.
I decided to go by what he said.And i waited.It took exactly 10 minutes.It was time to take the money. Barber charged him Rs 75!After that i had the same cutting,and he charged me Rs 25 .The only difference between me and that kid was that i walked into the shop and he came in a car.
This thing clarified me how the flow of the money is in our country.It doesn't requires the State to collect tax from riches,invest them into policies to help the needy and the poor people.People anyway will directly take that from the source itself.If it would came through the Govt,those Rs 75 would have reached as 75 paisa to the barber.Our most popular prime minister accepted that !.This is why we are least affected by the on going recession.Money circulates in the market like this.It is taken out from the big bank balances and added into small saving schemes.Those extra Rs 50 would have triggered that barber to buy fresh fruits on that day thus increasing the earning of that vegetable vendor, who in turn will spend that money buying some sweets home in turn increasing the earning of the sweet vendor.So now with the same efforts three people have gained and their spending power has increased.Hence we fully utilize the fact that India is poor country where rich people live. We take out from riches and directly pump it into the chain without involvement of the Govt.If we can grow in nights like this,what if we start our development in days when state supports us!World leader has to be aware of India's potential.!
