| Author: Sushil Kumar Patial 02 Jun 2008 | Member Level: Gold Points : 2 |
Yes my dear friend it is really worrysome. Poor people are dying of starvation. But the government is unable to check the increase to inflation. It is said that the per capita income has increased to 30000/ person. But do you know who is getting 30000? Only those who dominates others. Isn't it? What do you think.
Let us have a warm discussion.
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| Author: bharath sudar 02 Jun 2008 | Member Level: Platinum Points : 0 |
oh this is so high
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| Author: Sushil Kumar Patial 03 Jun 2008 | Member Level: Gold Points : 2 |
Yes Bharath. This is increasing day by day. The main reason behind it is the rising prices of curde oil in the international market.So it is effecting the Indian economy too. The prices of the commodities are increasing day by day. But the salary of a common man is not being increased. Suppose if a common man getting 5000/month, can he survive in such a world where the prices to things are getting high rapidly. Our leaders and Bureaucrats are getting thousands of rupees however, they are not satisfied and are used to take hush money and increasing corruption which has become a great threat to India these days.
The government is unable to stop the inflation growth. It is acutely worrisome.
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| Author: Sushil Kumar Patial 03 Jun 2008 | Member Level: Gold Points : 2 |
Unperturbed by the 45-month high 8.1 per cent inflation, economists are confident that it would come down to six to 6.5 per cent in three to four months period, bringing relief to the common man.
Inflation is expected to come down to reasonable level by September-October. The downward trend will be seen in the next two to three weeks period, Economist Intelligence Unit Director (Research) Manoj Vohra said.
Inflation will not sustain at eight per cent, but stabilise at six to 6.5 per cent in the coming weeks, Vohra said.
The government has done reasonably good job to curb inflation and it will show positive results, Vohra said.
Economists also opined that the inflation may start easing with the onset of monsoon in the country.
Inflation will see downward trend with the agri-commodities prices starts falling following onset of monsoon, Multi-Commodity Exchange Chief Economist V Shunmugam said.
Foreign lender, HSBC's India head, Naina Lal Kidwai, had said that the high inflation is likely to moderate in the short term, given good monsoon expectations and owing to the fiscal and monetary measures adopted by the policy makers.
"The inflation is likely to ease in short-term as monsoon expectations are good. Also, the measures taken in the monetary and fiscal sides might take some time to show results," Kidwai said.
Inflation will come down to around six per cent, Shunmugam said.
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| Author: Sushil Kumar Patial 03 Jun 2008 | Member Level: Gold Points : 0 |
Let us see which way the winds blow.
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| Author: Baljeet 04 Jun 2008 | Member Level: Diamond Points : 1 |
You can see the result. petrol prices have been hiked by Rs 5, Diesel by Rs 3 and LPG cylinder by Rs 50
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| Author: Sushil Kumar Patial 04 Jun 2008 | Member Level: Gold Points : 1 |
Hey God, where the world is going to? Poor is dying of poverty and the price hiking is running very fast while salaries are still small.
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