Inflation in Amar Colony

5 years ago when I moved into a new locality in Delhi, Amar Colony behind my residence was the nearest market one could go to for sensible shopping. But then situated in the middle of a "refugee" colony with houses built like little steel trunks stacked on top of each other, there was not much to the market. You went there only when the posher shops in GK1 markets did not provide the services or goods that you might just require - shortening a new set of trousers, colouring a dupatta, buying note books, art papers, razai or fresh samosas or locally made farsan. You get the slant.
Over the years, there has been a cleaning out process, the toy shop has become so big that Vikki, the owner, young that he is can still dream of giving Hamleys a run for their money in his lifetime, the local milk and paneer shop going by the now famous name of Gopala actually stocks Mishti Doi as well as multigrain bread, there are a few export huts where you can buy original addidas and nike at "affordable" prices, the local confectionary, Junejas, is stocked with all sorts of colourful bottles including a few of English mustard, and packets of exotic chocolates. The Nokia shop looks swank, the Coton showroom looks is full of posh ladies - the crowd of course comes down from as far as Defence Colony and GK2. The small tailor shop, the razai shop and the momowalas are still around as are the cycle rickshaws, but certaily there are more Honda cities and Corollas than Maruti Zens parked all over the place.
This is the market I frequent now and on my last visit, the toy shop known rather sweetly as KiddiLand had a queue at the entrance, inside it looks more like a godown where free toys are being distributed than a well stocked shops frequented by doting parents from Defence Colony. At the milk shop Gopala, it took around 10 minutes to get the attention of the salesperson, at the humble stationery shop at least 10 teenagers were crowding and mobbing the elderley owner. And I did forget to mention, the newly opened Cafe Coffee Day was full too. At Junejas, one had to take recourse to the elbow trick to find one's way. Even the humble but good GP who is gradually building up his practice, now charges Rs 200 at least per visit and has patients lined up.
Those who say we are hit with 12 per cent inflation must visit Amar Colony and breathe a sigh of relief. The news of inflation has not yet reached these parts.

what is happiness

don't know:)
but I am happy in a way for my age::)
I can eat where i want to
I never have to go to a place where there is no loo
I can fart when I want to
I can buy the cd I want to
I can watch porn and people think I am senile
I can abuse my coworkers, and they say he has the right to do so
I can come to office late and my colleagues are happy that i at least turned up for work
I think my daughter is the preetiest and the brightest in the class
I pee with the rim down, ohters can go to the alternative loo
I can sing aloud in the loo and people generally say I sing well
I have the time to read one book every night
I can say fuck off to my employer [ if i see them]
I think people who work for me take me to be good
I love people I love
I hate people I hate
Many more......................................
I am generally happy

Need Based and Want Based Consumption

Staunch believers in market forces like Dr Monmohan Singh, Montek Singh Ahluwalia and P Chidambaram have suddenly changed track and are actively colluding with non-believers in market forces to control the bogey of inflation and why not. No one minds cutting ideological corners in an election year and no one blames them for doing so. of course they would argue, as all market wallahs to this has nothing to do with market mechanisms, if it was a free market then inflation would not have happened, this is a market failure blah blah blah. No wonder we have some of the best ecomomists of the world in India engaged in the worst ecomonic policies since the days of Paul Baran [he was I think the PM's economic adviser for a short period in 1950s]

I think it is best to leave inflation a free hand rather than tinker with it. In the past tinkering with the eocnomic foces have had disastrous result and this time around we have no reason to assume otherwise.

Till a generation back we had a middle class polulation that decided to buy something only when it was a necessity. Nothing that was not desperately needed was ever bought however rich you were. And the need ot lack of it was justified in various ways..... if you are leaving in a small town why do you need to buy a car, travelling is much faster by rickshaw.... Why do u need ACs for three months in a year? just bear it out... Fridge is not a good thing the quality of food is not preserved! Cauliflowers in summer are not tasty stick to bhindi.....

They knew the value of everything

That was then, things have been different since alomost a generation.... u like it u buy it, what use u are going to put it to or if it has any use at all or not will be decided later..... best example is that of Gurgaon where the gentry have on an average 3 ACs per flat in town where there is hardly any electricity for three hours in a day. Or on Mumbai where everyone seem to have a big car, never mind if there is just one road for all of them.

We know the price of everything and value of nothing.

I find it laughable that the same set of people who taught us the principles of free market liberalisation etc 17 years back are now asking us to exercise restraint..... when we have forgotten what restraint means.

For us we have been there done that and been here doing this it's a great fun to watch all these.

If I were serious about checking inflation I would recall Kaushik basu back from Cornell and give him a freehand: )

The picture is that of Kaushik Basu taken from the internet

Is the Sun Rising Over Bihar?

As a young boy growing up in Bihar one of the less lurid and suggestive local songs I heard went something like this.... "धीरे धीरे लागे कलाई थामने; उनको ऊँगली थामना ग़ज़ब हो गया" This was sung by a woman, narrating the fact that "misfortune" stuck her the day she gave an inch to a wily man! This song could not have been a more realistic representation to what happened in Bihar in the last 60 years since independence, especially since the mid-1970s - a period which also marked the height of political movement in बीihar under the leadership of the formidable JaiPrakash Narain. Those were heady days when most Biharis thought that the Sun would rise in Bihar. Little did they realise that that was the beginning of a long sunset for Bihar. Each successive government since then has taken advantage of the ungli [finger] and gone for the kalai [wrist] and much more... and Bihar all the while has acted as the helpless girl who can't say no, taken over by the persuation.... The result was for all of us to see.
It might sound unbelievable to many that till the early 1980s when my cousins used to literally fail exams due to what was known in Calcutta as Load Shedding, we in a small town in Bihar did not know what power cuts were. Of course, by the 1990s, we did not know and did not need to know that there was a something called the Bihar State Electricity Board we were connected on private gensets.
But for the past two years, we have been hearing informally that things are changing and last week there was some proof in the sense that a leading English daily carried the story of turnaround in Bihar as headlines. It was after many years, most certainly since I started reading English newpapers daily, that Bihar made the headlines for all the right reasons.
Of course, there is still a long way to go to reach just where we were in 1980s. But it still feels good to know that there is a group of people who are taking us back to where we began.
We biharis are practical people, please do not show us dreams of an utopia, light at the end of the tunnel, bright future etc etc. Just please take us back to what we left behind, give us back what we had, we will be happy with it. In fact we never wanted more than that...