Friday, June 25, 2010
where is Recession?
The IPL commissioner Lalit Modi in one of his interviews said "There is no recession for IPL"! How true it came to be? The entire IPL entertainment was a big hit with everyone associated with it making loads of money except the poor fans who had to pay through their nose to get into the stadium to have little fun! For Indians, there seems to be no recession and a striking example is that you do not get air tickets or train tickets to go anywhere during these holidays. Even if you manage a travel ticket, there are no good hotels or resorts available to spend 3-4 days specially in a hill station where the temperature is cooler than the cities of India? Who says there is recession?
Subscribe to:
Post Comments (Atom)
Whether there is recession or not,I think it depends on an individual's position... the middle class is probably the least affected by the recession..that's the reason for non-availability of tickets..but if you ask an IIM graduate unable to get a job he wants, he'll say there's recession.. If you ask an Indian construction worker working in Dubai, who is sent home, he'll say there's recession..If you ask one of thousands, laid off by companies, he'll say there's recession..
ReplyDelete