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Started by : Chandra shekhar, Technical Writer/Quality Assurance, CMMI 3 Software Company, Hyderabad   05 10 2010 08:11:06 +0000
Industry : Private Banking/Wealth ManagementFunctional Area : India(Markets)
Keywords : india people poor rich
Activity:  240 views;  last activity : 07 26 2013 12:07:38 +0000

 
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1 2 3 4 5
1 Due to too much of saving......
2 WE ARE RESPONSIBLE
3 Capitalism
4 Lack of education
5 currption
6 inflation
7 Due to Improper rotation of money
8 They r illiterate thats why
9 rich people
10 existential
11 SOURCES OF INCOMES.
12 Who says This?????
13 due to lack of liqudity
14 indian system....
15 lack of facilities
16 not knowing the right things and how to do
17 People don't want to show their richness!!
18 Existential
19 DUE TO GOV. POLICIES
20 BECAUSE POORS THEY PREFER TO BE POOR
21 how to save next
22 have a plan of eradicating that measure
23 Rich because of corruption
24 BEST INVEST OPTION FOR POOR PEOPLE
25 BEST INVEST OPTION POOR PEOPLE
26 The Secret
27 Why rich people become richer,poor become poorer day by day in India?

Due to too much of saving......

idea posted by Sonam Kapoor Software Developer, IBM

Indian people naturally have the mentality of saving. But too much of saving will not let you grow as well as the country. You must spend the money through which you will be paying tax and that goes to the people under poverty line. This how you can change this situation. 

So people spend as much as possible, don't save for you generations and make them lazy. Let them earn for them........      

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by Shirish Bharde, Associate/Sr. Associate -(Technical), Shri Datta Meghe Polytechnic(SDMP), Nagpur  | 07 22 2013 14:49:05 +0000

Yup its true that this is happening but i guess there should be a difference there are 3 categories in society RICH POOR & MIDDLE CAST JUST remove POOR...........and state the conditions of poor again remove RICH..........and state condition of RICH i just mean that there should be both the types of people just in case society has to run

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by BALAJI , Accounts Executive/Accountant, EDH DATA SERVICE PRIVATE LTD  | 02 22 2013 01:19:49 +0000

richer have a worth to invest ,as same time poor people also investing time to richer(investor)and return is problem it result to poor

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by Manmohan Tolaramji Pandia, Manager Admin, Mysore Vanijya Pvt Ltd  | 03 11 2011 17:34:21 +0000

Our distribution system is failure and persons responsible for this are selfish and corrupt

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WE ARE RESPONSIBLE

idea posted by soumya k sengupta CEO/MD/Director, Ghaziabad Polymers Pvt Ltd
education is the primary cause and associate cause is in a society mother should be essentially educated ,rural sector especially . our govt , our social system in a village is more inclind towards getting a daughter married to a man with lot of agricultural land. At least till today in rural India a women is a tool for produc ing male child ,a good house keeper in village format , should be able to feed at a time 50 odd unexpected guest in lunch ... so where is the time for KIDS ... We so called elite class will donate 10000 rupees to severel God Middleman for Bhagawat geeta paath .. but will not donate a single rupee for girl child education . I REQUEST TO THE CAPABLE ONES AT LEAST PLS PAY EXPENSES FOR ONE GIRL CHILD UP TO INTERMEDIATE LEVEL
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by Tanima , First Medical Services Pvt. Ltd.  | 11 30 2010 11:14:17 +0000

We all responsible for this either we are comman man or high profiles. How much we contribute for handling this type of critical issues. We donate millions of dollors in temples how much we donate in NGO who provides services to poors. Till now most of the Indians did not pay the taxes which governement use for poors. We have government hospitals but really poors get free checkups. Are our schools are not able to provide One or Two hours classes for the poor children in the school. Are we not able to provide food for poors for one day instead of having Kitty Parties at home. Saving one rupee is not a matter for us but a big matter for us. Mayavati Spend billions of rupees in making Lucknow beautiful why she did not spend this rupees for the benefits for the poors. I am saying why we are responsible because every person in India is a comman man. First we should change then we can change our country.

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by Vipin Bhasin, Private Equity/Hedge Fund/VC-Manager, Indian Investment Co.  | 05 30 2010 06:03:30 +0000

I am fully agree with the statement that only WE ARE RESPONSIBLE for same.

And all other Ideas are not quiet well defined. Because we are living in democracy. It means every thing happens or run in India is done by us or by our representatives. We have discussed here the reasons that corruption, lack of education, saving, capitalism, inflation, Indian system etc It means we are saying that if all these evils will skip from our country then there maybe more equality between population. But for all these things only we are responsible. The Increasing crime rate is also one of the result of same.

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by Nikhil , Senior Manager, Insurance  | 05 12 2010 09:37:39 +0000

I agree

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Capitalism

idea posted by Salman Raza Sadiq Network Specialist, Honeywell International
Capitalist society is playing the major role in it, and overall system of the world currently we are following is capitalist. I wish to commence the discussion by defining two relevant terms. These are: (a) Development, and (b) Modern Man. “Development”, in the modern context, means “increase in per capita income of a nation‑state”. This purely materialistic concept of development is generally considered a Western innovation. And what do we mean by the expression “Modern Man”? Certain changes took place in the mentality and way of life of the Western man as a result of the dissemination of materialism and the evolution of Western Europe from a developing to a developed society. Modern Man is sometimes called Industrial Man, Technical Man, Mass Man, One‑sided Man, Angry Man, Lonely Man etc. He believes in the supremacy of science and technology of which he himself is a product. He relies on reason and feverish activity. He is secular, proud, selfish and amoral. He seeks happiness only through multiplying material comforts and wealth. According to Iqbal, he is so much overshadowed by the results of his intellectual achievements that he has ceased to live soulfully i.e., from within. You can read the complete article at "http://salman-mazari.com/spirituality"
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by Om Deshpande, Product Management & Development, JobsXS  | 05 30 2010 05:27:16 +0000

I completely agree with Salman.

India is a mixed economy, which is now slowly tilting towards a capitalism with the government loosening its control over various sectors. Anyone who has studied economics will know that one of the characteristics of a capitalist setup is the division of the economy into 2 classes a) Capitalists b) Workers. There is a constant divide between the "Capitalists" and the "workers" which keeps on widening. This divide is absent in a socialist setup where the government controls everything and treats everyone on an equal platform, but history has proved that socialist setup is not efficient in terms of economic growth. So, most countries are moving towards a mixed or a capitalist setup.

In my view, education is the answer bridging this divide.

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Lack of education

idea posted by Chandra shekhar Technical Writer/Quality Assurance, CMMI 3 Software Company, Hyderabad
Education provide enough required knowledge to leave a healthier and wealthier life.
2
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currption

idea posted by prasad as broad band technical support , bsnl

due to currption

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inflation

idea posted by sankhe jitendra h. Maintenance manager(electronics & electricals), eden furnishings(vasai(E),thane)
since inflation rate is growing day by day,it is not possible for poor people to save anything from their earnings. on the contrary rich people can save money & invest it some where to get more profit.
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Due to Improper rotation of money

idea posted by Krishna Bhardwaj Lyrics Writer, Freelancer
The pay system can be blamed for this but another cause is the improper rotation of the money. Poor persons goes for savings more and afraid of investments. A person who can take risk and can invest the money properly becomes rich. You must learn and dare to invest money this is mantra of the business and becoming rich.
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by vijaya shanbhag, Owner, Divyajeevan Designers  | 07 26 2013 12:07:38 +0000

Poor people donot dare,they dont think of changing systems if found wrong,dont take risks.... A person who takes risks will always be richer...

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They r illiterate thats why

idea posted by kushal khandeliya Head/VP/GM -Manufacturing, M.P. Steel Febrication
I fill thats its the poor people who r responsible for their situation. lack of education i one of the major issue for their situation. GOvernmentr doing much for them but poor people had made their mantality to remain poor they themself dont want to improve their condition. Education is the key if we want to improve their condition...........
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by Pankaj Majithia, 10th student, Sacred Heart Convent School Majitha  | 03 11 2011 12:28:10 +0000

can u tell me who is that man who does n't want to be poor no one every one want to be rich

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rich people

idea posted by PARAS SINGHWANI Manufacturing Engineer

Rich people become rich bcouse of the availibility of resources to them due to money .....they can spend money on their child's education but a poor person can't do the same so its become obvious for them to become more rich and it wll keep on continuing with their coming generation as well...........

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by Harish.B.J , Business Content Developer, AGGRIVATE INVESTFIN LIMITED  | 05 21 2010 11:09:48 +0000

BEST INVESTMENT OPTION

BUSINESS PLAN
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existential

idea posted by Nandakishor Bharati Production Manager, Dabaga Veg & Fruit Canning Co Ltd, Iringa (Tanzania)
B'coz rich are having money, which they can invest into something (may be business, land, gold, papers, etc) & they get the invested money increased after some time ....
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SOURCES OF INCOMES.

idea posted by Krunal Kothari BDO, GLOBAL EXIM

RICH BECOMES MORE RICHER - POOR BECOMES MORE POORER. This are the signs of a Developed country with unequal distribution of Income. Foot Steps of the US.

I believe that The Rich person have more sources of Income as compare to poor. A poor person have 2 sources of incomes

a. Small Business / Self Employed.

b. Salary.

c. or he has to work for part time after his job timings.

 

But the richer person has unlimited sources of Income. Rental Income, Interest Income, Income from Other Investments, etc. He have a lot of money to invest in new businesses, he have time to look after newly started business, he have the workforce to look after the old business. 

There's 1 thing which i believe "MONEY PULLS MONEY. The first big money earned is difficult. Then this money will pull money easily. "

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Who says This?????

idea posted by kushal khandeliya Head/VP/GM -Manufacturing, M.P. Steel Febrication
Who says, I have seen many People Who were Poor But now as the New generation took over their Duties Became rich and Working harder to sustain it. actually its the attitude that made poor more poor nor the curroption nor the government this them and only themwho r responsible
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by Munish C, Project Manager, Web & Interactive Solutions company  | 05 18 2010 13:46:32 +0000

That's right. There are cases of rags to riches. But here we are talking about a economy which includes a population of country.

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due to lack of liqudity

idea posted by BHARAT KUMAR ANYAW Construction-Construction Management, SARVODAYA GROUP
one that is stopped don't increase but one in move chance of improving.
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indian system....

idea posted by Aashish Koul B.E (CSE) Fresher, Jammu University

indian economic system..

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lack of facilities

idea posted by phanindra B.Tech/B.E. student, College Of Engineering , Andhra University, Vishakhapatnam

if there are no schools,hospitals of good quality near their places, then how could they develop???globalisation,urbanisation and whatsoever are spoiling their development and growth

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not knowing the right things and how to do

idea posted by Ravindra Mandre Software Developer, Kenapps Pvt Ltd
most of the people dont know what are the right things for them and they dont know how to do it. and for example richer people know how to spend or invest money for a job but poorer people dont know how to invest it , they just focus on saving it. not to using it.
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People don't want to show their richness!!

idea posted by Manish N Chugh Officer Trainee, Stock Holding Corporation of India ltd.,

The statement "rich people become richer poor people become poorer" is not completely true as it reads. Most of the people earn well but are considered not well off.. one has to define the word "Rich" for becoming rich. One of the examples that strike me is " Avoid Paying Tax for the real income earned". These days people very much try to avoid tax, hence convert it to black and therefore their money visibility to the outside world become invisible and hence, the line Poor becoming poorer.... there are many such sights which defines the richness of the so called poor. 

Cheers!!

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Existential

idea posted by Mathew Cherian Research Associate/Analyst, Western Michigan University

It is a very good question though it takes long to explain the solution, I shall try with a short one.

The reason is the whole problem resolves around existential norms which are avoided in our policies directed at citizen. Existential policies address problems in, life, choice, stability, outcomes, mission etc; which should be incorporated in our policy formulations and which are not. So the problem you asked exists in our environment.

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DUE TO GOV. POLICIES

idea posted by Sunil Kr, Bhaskar Area Manager, Cipla Ltd.
I think nothing to say just to feel with this idea! there are so JHOL-JHAL type policeis of Gov. leads to rich people become richer. ;)
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BECAUSE POORS THEY PREFER TO BE POOR

idea posted by Parmar Rahul R. Real Estate Consultant, Czar Realty Solutions

You all have must heard name of Dhirubhai Ambani, Mr.Mittal steel king proud of India, Mr.Mittal owner of Bharti cellular, i have list of enterprenures  They all dared to do something. Common problem among all of us is we all like Great Physique like Arnold and everyone wants to be like him but noone tries to Know how many hours he works out. Now Lets Take Example Sabeer Bhatia today Email is common for everyone Bcoz of him. IBM they started their business in small garage. So Dear frnds instead of thinking to be Rich why not to work towards it. I suggest you all to go through Book By Robert Kiyosaki named RICH DAD POOR DAD

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how to save next

idea posted by BALAJI Accounts Executive/Accountant, EDH DATA SERVICE PRIVATE LTD
ya standard of living is raising continuous over long period ,middle class suffer , if u take eg 1 lts of milk in previous yr wa
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have a plan of eradicating that measure

idea posted by BHARAT KUMAR ANYAW Construction-Construction Management, SARVODAYA GROUP
simple the thing u have in plenty invites plenty or u need to struggle.and now a days single struggle don't work out u need big group.
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Rich because of corruption

idea posted by Seema Partner/Principal/VP, Angel Associates
It was really awful to me- I mean I can understand big percentages of Asian countries are full of corruption but there is nothing to do between corruption and get rich. Corruption doesn't make you rich but Money Management, Financial Eduction, Solid Plan, Self-Encouragement, and Passion, etc - those are the things which will be going to make you even richer and wealthier! There are a lot of the rich become broke and the poor become millionaires! No matter how much or big position you are if you don't use your asset wisely before or after you will feel regretful.
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by dominic kimani, Direct Marketing Executive, Trident estates  | 03 11 2011 08:01:10 +0000

True Seema . being rich and wealthy hinges on having a plan , sticking to it , having a market knowledge and havign knack in terms of indentifying an opportunity in a market .

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BEST INVEST OPTION FOR POOR PEOPLE

idea posted by Harish.B.J Business Content Developer, AGGRIVATE INVESTFIN LIMITED

 

HARISH.B.J
MOBILE :09342753925
(SPECIAL OFFER MY DOWN LINE I WILL GIVE REGISTRATI FEE )
For Join Refer ID :Aggri34507435
EMAIL : mvtharish138@gmail.com
VISIT www.investandearn.ning.com

BUSINESS PLAN
Aggrivate Investfin Limited, this is a better investment plan company 16 years old from 16 years onward company handeling all govrment projects and it is a faver company narenrda nirman inprastructure pvt ltd under taking and aggrivate company is the public limited company .................. plan detail reg fees 500 rs after that you invest minmum 10000 rs u your account will be activate within 72 hours after that you get daily 1 % for 100 working days and after that u get pofit 10 % returns for 12 months binary 10 % and spot 10 % company issue original share bond certificate within 10 days its dispatch your permenent addres invest and tention free here no c-vallet and no e-vallet ammount wii be daily transfer to your bank account just cal me for detail or mail me

 

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BEST INVEST OPTION POOR PEOPLE

idea posted by Harish.B.J Business Content Developer, AGGRIVATE INVESTFIN LIMITED

BUSINESS PLAN
Aggrivate Investfin Limited, this is a better investment plan company 16 years old from 16 years onward company handeling all govrment projects and it is a faver company narenrda nirman inprastructure pvt ltd under taking and aggrivate company is the public limited company .................. plan detail reg fees 500 rs after that you invest minmum 10000 rs u your account will be activate within 72 hours after that you get daily 1 % for 100 working days and after that u get pofit 10 % returns for 12 months binary 10 % and spot 10 % company issue original share bond certificate within 10 days its dispatch your permenent addres invest and tention free here no c-vallet and no e-vallet ammount wii be daily transfer to your bank account just cal me for detail or mail me

HARISH.B.J
MOBILE :09342753925
(SPECIAL OFFER MY DOWN LINE I WILL GIVE REGISTRATI FEE )
For Join Refer ID :Aggri34507435
EMAIL : mvtharish138@gmail.com
VISIT www.investandearn.ning.com

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The Secret

idea posted by Srinivasan Soundararajan Owner, Soundararajan & Co.
Rich people have a knack of attracting the right things at the right time, by tuning their wave lengths at the appropriate level they get best of bargains, they get good deals, they attract business, they attract good investment proposals. In short they are just tuned to MONEY MONEY & MORE MONEY.
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Why rich people become richer,poor become poorer day by day in India?

idea posted by Manmohan Tolaramji Pandia Manager Admin, Mysore Vanijya Pvt Ltd

Our distribution system is failure and persons responsible for this are selfish and corrupt

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