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Strategies & Market Trends : India Coffee House -- Ignore unavailable to you. Want to Upgrade?

To: Shivram Hala who wrote (7448)	9/30/1999 3:40:00 PM
From: sea_biscuit	Read Replies (1) \| Respond to of 12475

After all, the average Indian spends 50 per cent of his pre-tax earnings only on food, as compared to 10 per cent in the United States if the International Food Policy Research Institute is to be believed. Fifty per cent! Which, post tax could go upto even 70 per cent! No wonder he puts so much effort into getting the price and quality right. Nonsense. The average Indian spends so much of his money on food because he's poor. And being poor, he has little or no say in deciding the price or the quality of the stuff that he buys. Nandy should get out of his limousine at least once in a while...