Anand Mahindra shares photo of Mumbai’s Taj Hotel, room per night costed Rs 6

Team Udayavani, Aug 9, 2021, 10:24 AM IST

Business giant Anand Mahindra shared the solution to inflation. He took to Twitter and wrote, that the solution to inflation was a time machine while sharing a photo of the Taj Mahal Palace Hotel of Mumbai in black and white.

Taking to Twitter he wrote, “So here’s a way to beat inflation. Get into a time machine and go back…way back. ₹6 per night for the Taj, Mumbai? Now those were the days…”

So here’s a way to beat inflation. Get into a time machine and go back…way back. ₹6 per night for the Taj, Mumbai? Now those were the days… pic.twitter.com/7WYHqKodGx

— anand mahindra (@anandmahindra) August 6, 2021

Netizens were quick to react and one user wrote, “Initially in 1903, it charged Rs 13 for rooms with fans & attached bathrooms & Rs 20 with full board. During World War I hotel was converted into a military hospital with 600 beds. Floor count: 6 floors in The Taj Mahal Palace, 20 floors in Taj Mahal Tower @TataCompanies Then & Now,”

Initially in 1903,it charged Rs 13 for rooms with fans & attached bathrooms & Rs 20 with full board.During World War I hotel was converted into a military hospital with 600 beds.Floor count: 6 floors in The Taj Mahal Palace,20 floors in Taj Mahal Tower@TataCompanies
Then & Now. pic.twitter.com/AJJWaH5Sxf

— Manoj K Jha aka Manu ? (@manojgjha) August 6, 2021

Admirable pic.twitter.com/lYPHtp1E5L

— Aakash Singh (@AakashS05618363) August 6, 2021

Well I would re-pharse that to let everyone in India have adequate income to make whatever be the price seem like Rs.6/- per night ? https://t.co/T0TfzpH3CH

— Parmeswar Menon (@ParmeswarM) August 8, 2021

Inflation is a silent assassin, save ur money by investing in equities. #Sukhanidhi ?‍♂️?‍♀️

In 1903, the Taj Hotel, Mumbai 1-Night stay used to cost ₹ 6, & the same stay today cost us ₹ ?????+.

In 118 yrs, at an avg rate of 7% inflation pa, prices hav gone up by 3k times. https://t.co/LDx9iIzlPh

— Vinayak Savanur, CFP^CM, MBA(Fin) (@Wenay584) August 7, 2021

One of the richest man in India suggests we “beat” inflation by going back in time. How about the top 1% give out their money equitably to the rest of the country and perhaps then we could think about going back in time. https://t.co/ald6cO1eFs

— AVS (@indiefagged) August 7, 2021

I'm a bit skeptical as well as surprised on this part. The value of 6 INR was way much higher in those times than today. Inflation is always out there….. the fact is we were not much educated about it.
? https://t.co/sFLVTg6fDX

— ASHURA (@ASHURA16766262) August 6, 2021