Leave America, England, Germany... India is the best..!?

Sowmiya Sriram
Leave America, England, Germany... india is the best..!?

The world is in the grip of inflation. Food prices and fuel prices are also having an impact. As inflation continues to peak, the central banks of various countries are raising interest rates. Due to this, the interest rate is continuously increasing. Due to this, the interest rate has also increased for home loans, car loans, personal loans, etc.
Amidst the turmoil in macroeconomic countries, India's growth may look okay compared to theirs. According to the latest sbi Ecorup report, compared to the cost of living in countries including india, the USA, the UK, and germany, the cost of living has increased in other countries. Out of this cost increase, if the cost of living is Rs 100 as of september 2021, india and the US have increased by Rs 12, while germany has increased by Rs 20 and in England, it has increased by Rs.23.
India is better than the USA, the UK, and Germany. Food prices in particular may not matter. In september 2021, the cost of fuel across the country was 100 rupees, it has increased by 25 rupees in the United States, 18 rupees in the UK, 33 rupees in germany, and 15 rupees in India. In the same fuel price increase, the increase in the fuel price has increased by 12 rupees in the United States, 93 rupees in the UK, 62 rupees in germany, and 16 rupees in Germany.
The cpi ratio for this housing has increased by Rs 21 in the US, Rs 6 in india, Rs 30 in the UK, and Rs 21 in Germany. Taken as per capita income, per capita income has increased by 57% in the last 8 years.
Although it is less than in other countries, it may not have a big impact as the expenses are also low here.According to Ilayaraja's song that even if it is heaven, will it come like ours, no matter what heaven the neighboring countries are, it cannot be compared to our country.
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