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Inflation Rate is Again Increased to 12.63%


Posted Date: 21 Aug 2008      Total Responses: 4

Posted By: sobha wilson       Member Level: Diamond     Points: 1


Inflation Rate is again Increased to 12.63%
last week it was 12.44%




Responses

Author: Sandy    21 Aug 2008Member Level: DiamondRating:     Points: 2
The way inflation is increasing that too in the election year, Government might be loosing sleep, I think it will stabilize once reaching 13.00


Author: Ankush Das    21 Aug 2008Member Level: DiamondRating:     Points: 6
It's a shame. What is the government doing? Have they dosed off to sleep? Or what? There is a total economic crisis going in India. Just a few days ago, P. Chidambaram attributed the rising inflation because of the high fuel prices. Now, even when the oil prices have come down, inflation is going up fast. Last week, the UPA government stated that inflation has been brought under control and will stabilise within a few days. Then what is this? Where is the Finance Ministry? Not even coming out in front of the public and showing their faces. What is going on? I think the UPA government really doesn't care about it anymore.

Regards,
Ankush Das
(Editor, IndiaStudyChannel)



Author: Kamesh Kumar    22 Aug 2008Member Level: GoldRating:     Points: 4
As per economic watch, it is likely that higher inflation rates will be with us for a good while yet and that is surely a worrying news for the government of India. That to during the election year.

Much hopes were placed on P. Chidambaram but he has failed in his second stint. His first stint was good and talked in india.


Author: ch naga dora babu    22 Aug 2008Member Level: GoldRating:     Points: 3
its not the problem of just
india
its the problem of whole
world today
every one(country) must
put hands together
and solve this global issue
and every individual
i.e., every one of us
must
sit and
solve this


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