A Quote by Narendra Modi
BJP is committed to transform the agriculture sector. We want to increase farmer income and the purchasing power of villages.
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An underpaid man is a customer reduced in purchasing power. He cannot buy. Business depression is caused by weakened purchasing power. Purchasing power is weakened by uncertainty or insufficiency of income. The cure of business depression is through purchasing power, and the source of purchasing power is wages.
Women have an important role in agriculture. We need to introduce technology, which will help us harness the potential of women in agriculture. We need to divide the agriculture sector into three parts- regular farming, farming of trees and animal husbandry. If we are able to do this, the contribution of our women will increase even more.
Now, McDonald's is a very good indicator of the global economy. If McDonald's doesn't increase its sales, it tells you that the monetary policies have largely failed in the sense that prices are going up more than disposable income, and so people have less purchasing power.
The Narendra Modi government has worked for the betterment of the agricultural sector as a whole and towards the goal of doubling the farmer's income.
The illusiveness of this concept of national income is to be seen in its dependence on changes in the purchasing power of the monetary unit. The more inflation progresses, the higher rises the national income.
Although BJP and Congress are two sides of same coin, BJP is far more communal. Since BJP came to power, there is an atmosphere of hatred, and there is a takeover of the democratic institutions.
If you increase the quantity of money, you bring about the lowering of the purchasing power of the monetary unit.
Is it any more moral to dilute the value of the purchasing power of the money you hold in your wallet than it is for the farmer to dilute the milk supply with water?
The financial sector has so distorted salaries that physicists are getting drawn into the financial sector. All that has led to an undersupply of people committed to the public sector.
If the YSRCP is voted to power, agriculture sector will be given top priority. The interests of all sections of people will be protected.
Private property works like circuitry in electronics, or piping in hydraulics. It conveys wages to the owners of labor power, as well as the various forms of nonwage property income to the owners of capital. In itself, it is no more responsible for maldistribution of purchasing power than the science of bookkeeping is responsible for bankruptcy.
Furthermore, there is no good ethical or economic reason for asking workmen and current producers to forego all economic gain in order to increase the purchasing power of all the wealth accumulated in past years.
Private sector unionization is down to practically seven percent. Meanwhile the public sector unions have kind of sustained themselves [even] under attack, but in the last few years, there's been a sharp [increase in the] attack on public sector unions, which Barack Obama has participated in, in fact. When you freeze salaries of federal workers, that's equivalent to taxing public sector people.
But though a funded debt is not in the first instance, an absolute increase of Capital, or an augmentation of real wealth; yet by serving as a New power in the operation of industry, it has within certain bounds a tendency to increase the real wealth of a Community, in like manner as money borrowed by a thrifty farmer, to be laid out in the improvement of his farm may, in the end, add to his Stock of real riches.
Many families participate in the Community Supported Agriculture movement, which allows a family to buy shares in a farmer's produce so that they know where their food is coming from, and they can take their families out and see the farm and meet the farmer. That movement has helped create a new culture around food.
I always assumed the Department of Agriculture was the farmer and rancher's friend.
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