Sunday, August 30, 2009

100 days of failure - Price Rise and Inflation

Hmm, so 100 days of the UPA government are over and let's just look around to see what's changed. PM Manmohan Singh had promised before elections on how he we will change the economy and reduce inflation within 100 days of coming to power. So this series this week will focus on all that was promised and delivered or not delivered, starting with what impacts the common man the most - Inflation, price rise and economy.

While economic growth seems to be moving in right direction to recovery, there seems to be no sign of the liberal policies one was promised. No divestments, no bold economic measures and all this inspite of no Left support needed. On the other hand, the inflation and price rise has zoomed to a new high breaking record each new day. Add to this the governement's silence on hoarders (payback time for election funds?) and our Agri Minister Sharad Pawar new methods to increase shortage and prices for sake of a fw wealthy farmers and industries. Walk into a shop and Tur Dal, Sugar, Moong Dal and in near future Rice too are all missing. Add to this the increase in fuel prices within one month of winning the elections (they had reduced the prices before elections for obvious reasons). Imgaine two of the seniormost ministers facing serious allegations from public, media and their alliance partners on how their nefarious ways are causing the price rise and making life tough for the common man.

Add to this the serious drought situation facing the country. And what has been the Central Government's reaction to it, to shift the blame to the State Governments. Either the governement's too busy printing full page ads on Rajiv Gandhi's birthday or they are waiting for the assembly elections in some state. Till then the farmers can wait and if they can't wait, they can die.

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