We are talking about inflation and the rise in prices of essential commodities and also fuel. The cost of living has gone up ver high. But in comparison, some things have come down drastically. Let us compare some of them.
A.8 years ago, 1 GB of 3G data pack was Rs 250, now, 1 GB of 4G at less than Rs 5.
B. 8 years ago, sky-high prices of medicine and stents, now they are several notches less.
C.8 years ago, inflation in double digits, now under 5%. Prices of pulses and vegetables fall.
D. 8 years ago, 17 different indirect taxes, now just GST.
E.8 years our economy was in fragile 5 group now it’s in BAA3 .
F.8 years ago in ease of doing business we were at 160 rank now one of the top performers it’s 77.
G.8 years ago, Real Estate builders had Manmani, now they are bound to deliver the project before the deadline under RERA.
H.8 years ago, Highways were made on crawling speed now it is 70% higher than in 2014.
I.8 years ago, medicines’ prices were regulated by big pharma companies, now same is regulated by govt and have bought them down to 50%.
J.8 years ago, income tax on taxable income between 2 L and 5 L was 10%, now 5%.
K.8 years ago, tax on restaurant bills was 13% to 28%, now 5%.
L.8 years ago, interest on home loans was 10.3%, now 6.65%.
