We can blame anybody, it is not going to solve the problem at hand. It will come back with a vengeance!
The main cause of inflation is the cost of oil. It has multiplied last few years. Oil is an essential component of all activities. The cost has to be reflected somewhere.
We are one of the most imported-oil dependent countries in the world - 70% mostly from the Middle East. We are helpless to do much about it. Our time is wasted on a blame game and issues that divide us. But unless we face the main enemies head-on, we are done for! Whoever is in power will have to face the same equation.
There is no consensus to solve these vital problems in hand. We cannot agree on nuclear energy. Oil is becoming a political weapon. Saudis are talking of huge reserves but many doubt it as a ploy to slow down on alternative research. Obviously, they want to get the most from this depleting source.
It is time we go on a war footing on solar energy & othere renewables. Raw material for solar is the ever dependable sun. It favours us more and even more in summer when we require it most! The solar panels are from silicon panels made from abundant sand! The problem has been, it is more expensive than the polluting oil. It is time incentives are given by the govt to promote this source so that we are weaned away from others, safe-guarding our national interests.
Go to the root of problems than on a meaningless blame game!
Hei some body please teach these fool left leaders how the price discovery takes place in Future Market. Here price not only goes up but will also comes down. It works based on news flows and govt policy. What ever happening now is just because of miss management of govt
Ladies and Gentlemen, India's economy was running on rail with Electricity, only local products available our so called FM Manmohan opened the flood gates without analysis the impact in the long run resulting in this mess today whcih is still the beginning. Hope India will not go to dogs one day.
RE:RE:This is called Open Economy
by anand ramachandran on Apr 12, 2008 01:06 AM Permalink
Well said, open economy does't means govt has to run away from responsibilities
RE:Coming Soon from UPA....
by Arrow on Apr 12, 2008 03:19 AM Permalink
no next year they will try to achieve 100% growth, mean 54% reservation.. ha ha
