Dec 06, 1996 -Dec 06, 2021 , life has been good so far and it will keep being better and better. Do I believe in that? No. I want to work on that and make sure things go nice and wise. This is not the article or the blog, it's the life itself that has been lived under every emotion of joy and sorrows, failures and success, ups and downs, right and left ok let make it quick and assign 0 and 1. Life has been lived in between 0 and 1 with a varying scale. This is not the biography too. It's just one quarter of human life being concluded so that things will look more clear and the future will look more bright. We live on lots of aspects like there is family, there is home, there is society, there is a nation, there are friends, there are supporters, there are critics, there are challenges, there are different times and spaces in between where I have been into. I'm like this because of all the aspects that I have been in to and it's not that important, what's important...
Wasted Economy, Wasted Coins
How long it has been you have used A Coin to buy something or you just added some coins by yourself while paying. I bet you don't even remember when was the last time. The price hikes and our so-called standards do not allow us to buy anything with the coin. It's just piling up like the trash somewhere around cupboards inside the house. I have coins of worth above hundreds and I believe that's the same with everyone. So, you want to know how much our economy is on waste? And wonder what can we do with that? How impactful those coins are if summed up?
In Nepal, we have around 5,427,302 households with a family size of 4.88(=5). Among 5 million families let's say only half of those have those coins around. The middle class and Rich class will contribute to 2.5 Million families. If we consider the average of 100 worth coins around the house, in total it will make up to almost 250 Million(25 Crores). Now, what say? Where can we invest this money to make it worth the collective effort? On education? On health? On orphanage children and poor ones around? This will be the topic for further discussion.
Price Hikes and Poverty
Let's add some more facts. The 10% rise in food inflation, it increases poverty by 4%. Its reason can be a decline in agricultural production due to weather and supply bottlenecks. It seems poor people spend 72% of total expenditure on food which directly or indirectly reduces expenses on health and education. Because of this poor becomes poorer and poorer.
In the context of Nepal, we get unusual price hikes. We don't get hikes like rs.1 or 2 or 3, we get on multiple of 5. And this makes the waste of coins and their worth. We don't have any scientific patterns for price hikes, there's a monopoly all around the markets. These behaviors are getting hectic for poor people just to even survive. So don't we have any responsibility? Shouldn't be there regularity and accountability for this?
Who's going to make voices for these things? Can we collect these coins in one place and make them worth beyond our expectation? Instead of rotting them inside our houses, we should be thinking of making them worth it for the needy peoples. Instead of seeking for donors and organization, can't we just show our efforts to make it worth? It's just the concept of giving back. Concept of making the worth of wasted economy? Economy on vain to Economy to heal Pain. Or we can come up with something beyond this ??
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