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Price rise
by Shyam on Apr 10, 2008 10:31 AM   Permalink

The strategy appears to be something else. In a very planned manner, the present government reduced the interest rates on savings forcing common man to spend it on luxuries. Since luxuries are not recurring expenditure, they brought in MNCs in retail marketing, like Spencers, Reliance, etc. Then they formed unholy alliance between these malls and producers to keep on printing ever rising higher MRPs on the wrappers of items. The MNCs made it a trend to sell at MRP invariably and show some discount as a grace. This is conveniently adopted by the roadside petty vendors also this is very useful for their profiteering. What I believe is a good portion of this loot is being diverted to the ruling party for forth coming elections. Common man cannot understand all these strategies of our rulers and keeps spending all the money. Let any party come to power, our fate is not going to change.



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