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Pricey vegetables bring tough time

We agree that the most recent difficult time for the common people was brought on by more expensive vegetables, which made them reflect on what our beloved everyday precious life now entails. The surprising circumstance has become a difficult period to endure. Due to several circumstances, vegetable prices are currently high in several places, including Kanpur.  Various common vegetables are now less available and more expensive because of supply chain disruptions, particularly those caused by the rainy climate. Media do not fail to report that rising vegetable prices are practically putting pressure on household finances, particularly for those with lower incomes. Prices for vegetables vary based on terrain and local market conditions, even though they are often pricey. According to the Economic Survey 2024–25, unfavourable weather conditions, such as unexpected rainfall and prolonged heatwaves, have impacted crop output and created supply shortages, which have forced prices high ...
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Technology & growth


C. Rangarajan, ex-Governor, RBI, in his recent address, said that technology has given impetus to economic growth. Saner Economists estimate that the growth that the developed countries have put down in the last 150 years or more was possible only because of progress in technology.

He maintained, “I would say that a growth between 7-8 per cent will take it closer to a developed economy, because as per the definition of a developed economy, per capita income should be US $ 13,000 or more."

Currently, India's per capita income stands at US$2700. This means that per capita income will have to increase five times,”  he added.

Rangarajan further said that innovation cannot be the only means to eliminate poverty and inequality. 

He pointed out that apart from a faster growth rate, the country may also need social security and subsidies in the form of cash and basic income.

He let out that if the exchange rate is kept at a low level or the prices increase then the income will increase, only then India can become a developed nation.

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