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few suggestions to finance minister and central Govt
by lalit kedia on Apr 09, 2008 03:29 PM

present inflation is more of a supply side problem rather than monetary controls, FM should not think of further interest rate hike, foreign inflow control, rupee appreciation since this will kill manufecturing, exports and construction growth and take away employment from many rather try followings:-
- introduce support price for all foodgrain, vegetable, fruits and milk.
- ensure that retail price and support price differential is minimum
- introduce GM seeds in all states with Govt subsidy improve yield.
- ensure that BDO and SDO in country are continiously monitoring hoarding and effective distribution of PDS.
- Set up cold storage and warehouse with private-public participation.

above steps may not bring votes but will give a long term solution to inflation.

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