Embrace Global Perspectives, Foster Local Endeavours! In the grand scheme of economic interactions, we often overlook the significant role that small local businesses play in our lives. My personal strategy involves sourcing an astounding 90% of my purchases from these community-centric enterprises, and the logic underpinning this choice is both simple and profound. Supporting a local business directly equates to empowering a family in your community. Whether it's purchasing freshly baked bread from the local bakery or a hand-knitted scarf from a nearby boutique, these transactions fuel the livelihoods of our neighbours. The grocer, the florist, the butcher, the tailor - each of these individuals relies on their trade to sustain their lives, much like an artisan crafting exquisite pottery or a farmer cultivating bountiful produce. Since I m living in Pinjore, we have a women's self-help group that makes local food items, sweaters, socks, etc. I prefer to buy stuff from them....
In the bustling markets of India, the price of a simple loaf of white bread, once a mere 15-20 Rs, has doubled to 30-50 Rs in just a few years. This seemingly trivial change is a stark reminder of the escalating cost of living in India's urban centers. If you find yourself grappling with rising expenses, here are some crucial insights to help you understand and navigate this economic landscape. 1. The Urban Price Surge: Major cities in India are becoming increasingly expensive. With limited land and an influx of capital into the country, land prices are soaring. For instance, construction costs in Goa have risen by approximately 25-30% recently. This increase directly impacts the prices of virtually everything. In the realm of traditional economics, the means of production are defined as Land, Labour, and Capital. When the cost of land escalates, it triggers a domino effect, causing a rise in rent, business costs, and more. While the prices of flats in big cities may not sky...