Inflation has climbed to 7.41 % in the week ended on march 29th 2008.It remains a cause of concern specially for a govt. which claims to represent the poor and downtrodden. Inflation continues to rise despite of several steps taken by the government. Although it is understandable that it cant be brought down in a day , just because it doesn’t shoot up in a day either. The behaviour of opposition is not only beyond logic but also tragic. They seem to enjoy the plight of common man. It is just like a message to poor; here you are paying for your choice of government. Today BJP has govt. in so many states, what have they done to curb prices of common commodities.
SENSITIVE ISSUE:
There are no quick fix solutions to price rise. The soaring prices of food items world over have threatened world food security. There is 83% rise in prices of food in 2007, while food prices have gone up 75% in dollar terms since 2000. There are no reasons to believe that price will come down in near future. Australia, a prime wheat producer has been hit with drought for last two years. Weather conditions have also hit production of staples in Ukraine and in Latin America. Rich countries like America and the EU subsidise the farmers producing bio fuels. In short at global level, there is a shortage of food.
It is quite likely that domestic prices of food will respond to price of food commodities in global market. Not only food but higher oil prices in combination is a nastier problem to deal with. It is a worrying thing for poor.
It is quite clear that whole world is facing a food crisis. At such crucial point politicians in India are busy in their own business of taking political mileage. Today when whole world faces food shortage, there seems to be enough food for politics for parties in India. I don’t believe much in GOD but when, India continues to not only survive but also grow at a healthy rate despite of so many headless chickens in politics, I m forced to believe there is some power taking care of us. Well may be its our only hope.
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Sunday, April 13, 2008
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