7% based on what? You say last year it was 6.54%. 6.54% of what?
Is there a constant base on which this is calculated or is it a changing base. It appears it is a changing base, usually Y2Y. But how then are you comparing inflation today with inflation last year on the same day. 7% means that prices have increased 7% from last year. How does it matter if it was 6.54% last year?
The fact of the matter is that things are slowly becoming expensive in India even for the middle class to survive on. Think about the poor. Why can't the govt follow simple policies and keep necessary things cheap and others relatively?
Why can't the govt abolish indirect taxes where a billionaire pays the same as a BPL person? These are the things hitting the poor more.
