Tuesday 13 December 2011

Rupee Falls

It seems this is now india's turn to bear the brunt of economic crisis.Though i am not an economist but in the name of 'forthcoming' crisis my employer incurred me loss of increment; and that directly hit my economy. The latest news is indian currency popularly known as Rupee is falling.when this news was flashed in news channels and next day there was a lead story about this, i was wondered.
For me , 'falling' means falling from high position or 'falling' into some body's pocket.But the whole news of 'Rupee Falling' was totally against my imagination.It was about the stocks of Rupee falling due to the recession in industrial production.However i couldn't understand the myth of 'Stock-exchange' yet but faces of people standing out side the Bombay stock exchange were pale.
By looking at their faces, in one of  the pictures in news websites i clearly understood that definitely there is something wrong with Rupee.Any way After the shocking and breaking news of rupee's fall,our troubleshooter Union Finance minister Mr.Pranab mukhorjee told Rajya sabha that India has the power to cope up with this crisis.Whatever it is, i think a common indian never understand the myths of 'Stock' and 'Exchange', because he only have the stock of worries in his life and want to 'exchange' it with happiness.
The common man popularly known as 'Aam Admi' is looking for the day when the plural of 'Rupee' falls into his pocket.The economists and Industrialists must understand the problems of the common man and take steps towards strengthening the Rupee.I feel the present dilapidated situation of Indian currency is because of the anti people and 'Pro corporates' policy of our government. This is happening when implementation of FDI is stopped just some days ago.What would have happened when it would be implemented.....?

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