Hi Friends,

Even as I launch this today ( my 80th Birthday ), I realize that there is yet so much to say and do. There is just no time to look back, no time to wonder,"Will anyone read these pages?"

With regards,
Hemen Parekh
27 June 2013

Now as I approach my 90th birthday ( 27 June 2023 ) , I invite you to visit my Digital Avatar ( www.hemenparekh.ai ) – and continue chatting with me , even when I am no more here physically

Monday 25 November 2013

Demand vs Supply


Demand     Vs     Supply

Kapil Sibal is a Master of Law

But his knowledge of Economics is not negligible

Recently , he proved it by saying ,

"  Prices of vegetables have gone up because poor people now are earning more and want to eat vegetables ( what a cheek ! )

Demand has gone up but supply has not kept pace

And , Law of Economics says ,

Prices go up when demand exceeds supply - and vice-versa  !  QED  !  "

Thank God , Kapil  did not ask poor to stop eating vegetables so that prices can come down  !

Or , ask rich people to stop eating 3 different vegetables at every meal  !

He could have even asked ALL Indians to forgo all meals for one day per week , so that demand gets reduced  !

Or , he could have quoted ,


>   Raj Babbar ( MP ) , who said,
     "  In Mumbai , you can get a rice plate for Rs 12 / -  "
     (  address please ! )

>   Congress Rajya Sabha MP , Rasheed Masood , who said ,
     "   In Jama Masjid area of Delhi , you can eat well for Rs 5 /-  "
     (  He is now getting his meals totally FREE in Tihar Jail  !  )

>    Montek Singh Ahluwalia , who proclaims ,
     "  Any person in a city , spending more than Rs 26 per day , is RICH  "


Now , not being Agriculture Minister , Kapil cannot say why supply failed to keep up with the rising population of 20 million per year ( a well kept secret ? )

But he must be considering it " Utterly Unwise " of his Government to be trying so desperately to bring 400 million people above the Poverty Line ( remember Rs 26 per day ? )

Would not that make them " Rich " enough to demand vegetables  ?

Wouldn't that make matters worse  ?

Why can't we keep them poor like our Lok Sabha MPs , who get their food in Lok Sabha canteen , at the following prices ?

*   Tea............... Rs     1.0
*   Soup..............Rs     5.5
*   Daal...............Rs     1.5
*   Meals............. Rs     2.0
*   Chapati...........Rs     1.0
*   Dosa...............Rs     4.0
*   Veg Biryani......Rs     8.0
*   Fish................Rs     13.0
*   Chicken..........Rs      24.0

And prey , why are our MPs  poor  ?

Because their cooks  /  drivers  /  maids  /  gardeners  / servants  /  watchmen  / peons  ..etc are all poor !

These servants are all staying in out-houses of the small 10 bed-room living quarters of the MPs   !

Of course , rent free since the MPs are so poor  ! No need to vacate either , when you stop being an MP  !

Why can't Kapil persuade the Lok Sabha canteen contractor to open branches , all over India  ?


*   hemen  parekh  (  24  Nov  2013  )

 



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