As we are aware there has been a steep rise in India's Inflation for the past few weeks.
Whom do you think are responsible for this steep increase in Inflation rate?
Food Prices have shot up did we give more emphasis on Information Technology than Agriculture?
Post Your comments and formula for the Inflation rate calculation.
3 comments:
Hi Bhakta,
Congratz on your new blog site.. Hope you are not creating controversy like Big B in Blogger's space.
Inflation.. i would definitely wontt blame on Petroleum product's hike.. If that iz the situation it should have raised in all the countries.. We have to be PROUD now as we are the leading country in inflation with 11% as on date. I would put the blame on mis-management, Globalisation & corruption.
Good Work umesh,
On inflation,
I think we have to blame our self also for the spending we do.
Avoid luxury and see what happens, there should be a price reduction.
Am I correct?
Peri.
I agree with Siva's comment on mis-management,Globalisation and corruption.But we also missed a trick on the sector priority. We gave more priority on IT and SEZ. You will be aware that lot of agriculture land have be converted to SEZ zones. We as a country wanted to grow very fast and forgot some basic things.
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