Saturday 24 September 2016

A Comment on the need for spending less to add to the resources and growth of economy

My Comment on an article "Don't hurt Modi this Diwali. Go slow on your festive shopping" published in the economictimes.com Dated 23/09/2016. 


"This is a very intelligent article with good research. I agree with this formula of spending less and strengthening investments to develop our country's economy rather than increase spending and production levels. 

I always preach people to spend less and save more for the future not only for one's own self but also for the entire benefit of future generations. Spending less implies goods are carefully consumed which in result means curtailing large-scale dumping of stocks. It controls production and thereby our resources are saved to meet the needs of future generations to come."

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