The record of UPA specially on the election eve year is a dismal failure, despite the PM and FM being considered "experts" in economic field. There is no point in shouting from housetops that "we shall do everything to control prices"; the government policies and programmes have failed. they are now trying to twist the arms of steel makers and cement producers to control prices, when the raw material prices are soaring. Merely cutting import duty or imposing export duty does not help; production oriented policies have to be pursued. By pressurising private sector to cut down prices, government wants them also to be losing corporates like they have reduced the PSUs. The government has no guts or ideas. They better quit.
RE:Inflation control
by raj on Apr 02, 2008 11:06 AM Permalink
60k crore relief on election eve to farmers. the burden is going to be someone else's spread over next 5 years. and the headache is for the honest farmers who will look like fools who returned the money with great difficulty; and also the banks who lent money.
what were the ministers ding all these years when all those farmers committed suicide?
besides, if 85% of farmers took money from private sources. where will all that 85% of 60000 crores go ?
RE:Inflation control
by GOLDI on Apr 02, 2008 11:23 AM Permalink
YOU ARE REALLY A KUP MANDOOK ( FOOL).WHO TOLD YOU THAT GOVT. IS ARM TWISTING STEEL AND CEMENT PRODUCER ? IT IS ALL GAME THE STEEL AND CEMENT PRODUCER HAS A BIG SYNDICATE AND ALL POLITICIAN ARE PART OF SYNDICATE.FIRST THE INCREASE THE PRICE WELL KNOW TO THE POLITICIAN AND THERE AFTER REDUCE A SMALL PART OF IT TO MAKE PUBLIC FOOL.DO YOU EVER THINK HOW CHINA IS PRODUCING CHEAPER STEEL WHILE IT IS IMPORTING IRON ORE FROM INDIA NAD OTHER COUNTRIES AND SMALL COUNTRIES LIKE THAILAND ,SOUTH KORIA ARE PRODUCING FAR FAR BETTER QUALITY CEMENT AND SALEING FAR CHEPER THEN OUR CEMENT COMPANIES
