(Lord John Maynard Keynes very astutely (intelligently) observed that INFLATION is a process where the Government confiscates, almost secretly and unobserved, an important part of the wealth of its citizens, and higher the inflation the greater the amount of confiscation, we believe)
Annevure 1,
Per Capita Income in Grams of GOLD | ||||||
Year | Population | Per Capita GDP | National GDP | Gold Price for 10gms | Per Capita in Gold gms | National GDP in GOLD (gms) |
A | B | C | D (BxC) | E | F (Cx10/E) | H (BxF) |
1947 | N.A. | N.A. | N.A. | 88.62 | N.A. | N.A. |
1950 | N.A. | N.A. | N.A. | 99.18 | N.A. | N.A. |
1955 | N.A. | N.A. | N.A. | 79.18 | N.A. | N.A. |
1960 | 431,463,000 | Rs. 8,747 | Rs. 3,774,006,861,000 | 111.87 | 781.89 | 337,356,605,070 |
1961 | 438,800,000 | Rs. 8,976 | Rs. 3,938,668,800,000 | 119.35 | 752.07 | 330,008,316,000 |
1962 | 452,378,000 | Rs. 9,130 | Rs. 4,130,211,140,000 | 119.75 | 762.42 | 344,902,034,760 |
1963 | 462,196,000 | Rs. 9,518 | Rs. 4,399,181,528,000 | 97.00 | 981.24 | 453,525,203,040 |
1964 | 472,305,000 | Rs. 9,990 | Rs. 4,718,326,950,000 | 63.25 | 1,579.45 | 745,982,132,250 |
1965 | 482,706,000 | Rs. 10,462 | Rs. 5,050,070,172,000 | 71.75 | 1,458.12 | 703,843,272,720 |
1970 | 539,075,000 | Rs. 11,708 | Rs. 6,311,490,100,000 | 184.50 | 634.58 | 342,086,213,500 |
1975 | 600,763,000 | Rs. 11,984 | Rs. 7,199,543,792,000 | 540.00 | 221.93 | 133,327,332,590 |
1980 | 688,956,000 | Rs. 12,350 | Rs. 8,508,606,600,000 | 1,330.00 | 92.86 | 63,976,454,160 |
1985 | 749,184,000 | Rs. 14,275 | Rs. 10,694,601,600,000 | 2,130.00 | 67.02 | 50,210,311,680 |
1990 | 833,929,000 | Rs. 17,249 | Rs. 14,384,441,321,000 | 3,200.00 | 53.90 | 44,948,773,100 |
1995 | 934,228,000 | Rs. 19,992 | Rs. 18,677,086,176,000 | 4,680.00 | 42.72 | 39,910,220,160 |
2000 | 1,014,003,800 | Rs. 24,278 | Rs. 24,617,984,256,400 | 4,400.00 | 55.18 | 55,952,729,684 |
2005 | 1,094,985,000 | Rs. 31,310 | Rs. 34,283,980,350,000 | 7,000.00 | 44.73 | 48,978,679,050 |
2010 | 1,170,014,000 | Rs. 43,634 | Rs. 51,052,390,876,000 | 18,500.00 | 23.59 | 27,600,630,260 |
2012 | 1,210,000,000 | Rs. 60,972 | Rs. 73,776,120,000,000 | 30,200.00 | 20.19 | 24,429,900,000 |
% Variation 1964 to 2012 | 256% | 610% | 1,564% | 47,747% | 1.28% | 3.27% |
=> | Population | Per Capita GDP | National GDP in Rs. | Gold Price for 10gms | Per Capita in Gold gms | National GDP in GOLD (gms) |
In the last 48 years of our Independence in India, after leaving the first 17 years of Nehruvian Socialist Era, our Political Leaders and Beaurocrats may claim that India has achieved or attained a remarkable achievement in progress and can be seen from the following statement: (Refer Annexure 1)
- THE POPULATION of our country has gone up from 431,463,000 (43crores) to 1,210,000,000 (121crores) an increase to 256%, (2.56 times);
- Our PER CAPITA GDP has gone up from Rs.9,990/- to Rs.60,972/- an increase to 610% (6.10 times) and
- Our NATIONAL GDP has gone up from Rs.4,718,326,950,000/- (471,833 crores) to Rs.73,776,120,000,000/- (7,377,612 crores) an increase to 1,564% (15.64 times).
But in real sense of wealth, in terms of International Gold Standard, our nation's performance was very DISASTROUS, SHOCKING and ALARMING and that can be seen from the following observations:
- Our PER CAPITA GDP in terms of Gold Standard has come down from 1,579.45grams (1.579kg) of Gold in 1964 to 20.19grams of Gold in 2012, a fall to 1.28%.
- Our NATIONAL GDP in terms of Gold Standard has gone down from 745,982,132,250grams (745,982metric tons) of Gold in 1964 to 24,429,900,000grams (24,439metric tons) of Gold in 2012, a fall to 3.27%.
- Shocking & Shamefully Alarming! Is not it?
During the first 17 years of Independence, Nehruvian Socialist Era, from 1947 to 1964, the Government headed by the Prime Minister Sri. Pandit Jawaharlal Nehru, as a true democratic Leader, tried his level best to control and contain the inflation in the country and to a very great extent he has succeeded in it. The proof is that the price of gold, even though tented to go up from Rs.8.82 per gram in 1947 to Rs.11.98 per gram in 1962, Mr. Nehru, through his strong economic policies, succeeded in bring it down to Rs.6.33 per gram in 1964 before his death in the same year. It was definitely a Marvelous, Remarkable and Stupendous performance of a Great Leader, Visionary and a Ruler. Silently through his economic programmes he raised the Dignity and Honour of the country and its people by holding the value of our currency S-T-R-O-N-G and POWERFUL. Definitely the history will record that Nehruvian Socialist Era as the Golden Era of our Independent India. Now we wish he were alive for few more years or a man of his caliber to take over the reins of our great nation once again.
Today we have only one proven leader, who has the calibre of Pandit Jawaharlal Nehru and who can deliver the things. That is Mr. Narendra Mody & only he can save this country.
Gangadharan Nair. N
My dear Menon SirStill you need the "STUPID CONGRESS" to rule our strong country? If people of India gives full authority/majority to these thugs, within no time common men living in our country become impossible. Everywhere price hike. Do they ever thought how the people can afford when the price is shooting up? Of course, I do not have any alternative to suggest at this time.Let us see and hope for the best. But, for me I am personally NOT pro to present corrupt government.Regards,Mohan
From: ICS MENON <ics_menon@yahoo.com>To:
Subject: [www.keralites.net] Call Congress to Rule India with a 3/4 Majority to lead the country as Super Power.
Date: Sunday, April 7, 2013, 7:40 AM
--
"Dharmam Saranam Gachhami"
Gangadharan Nair N
We had a DREAM of Principled, Prosperous & Peaceful INDIA & are committed to fulfill that DREAM.
You can also join us & contribute through TIME, MONEY & ACTION.
Please visit: www.arthakranti.org
To subscribe send a mail to Keralites-subscribe@yahoogroups.com.
Send your posts to Keralites@yahoogroups.com.
Send your suggestions to Keralites-owner@yahoogroups.com.
To unsubscribe send a mail to Keralites-unsubscribe@yahoogroups.com.
Homepage: www.keralites.net
No comments:
Post a Comment