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UPA nd manmohan
by Dangerous on Apr 04, 2008 02:03 PM

The bad policies of UPA govt has made the prices of essential commodities spiral out of control..Its really an irony to notice inflation hovering around 7% inspite of having the best economist(as claimed by media) in prime-ministerial chair...With the world heading towards possible recession the impact of inflation would be far reaching on millions of indian who are already struggling to get justt few morsels of bread .... on an average 3-4 farmers commit sucide everyday in vidarbha region ...if the genie of inflation is not controlled soon the figure would improve...i wonder if govt really cares for common people...there is no regulatory body to control prices...landlords keep increasing rents at thier will,resturants owners keep hiking the price of food items with no improvement in quality..der is many more examples....implementation of 6th pay commission would further trigger the inflation as demand would shoot up with no suppy to meet it....under the duress of world bank govt has lifted all the subsidy in farm sector....condition is so grim that farmers dont even get return for thier investment....so they abandon farming nd migrate to cities looking for jobs.....this has virtually slowed down the farm sector nd suppy of food items....govt loan waiver would not benefit more than 50% of farmers as loans have been taken by money lenders...in budegt no additional money has been set aside for this loan waivers....banks have been asked to replace loans with govt securities....

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