Inflation truly is a matter of concern. Since 2000, the growth of Indian economy has been phenomenal. But now due to inflation rise, there is a whole possibility of growth slowdown and it becomes necessary for the government take necessary steps to prevent its further rise. Leave the political barriers aside, and I urge everybody to fight against rising inflation. Or else we will face the same situation as of US economy in near future.
RE:Inflation truly is a matter of concern
by Akash Kumar Sharma on Apr 09, 2008 01:48 PM Permalink
Make necessary steps to ensure that the inflation should not rise.
RE:Inflation truly is a matter of concern
by pranab parajuli on Apr 09, 2008 01:55 PM Permalink
so what are the steps according to you .... n i promise to follow them if i find them right ....
RE:Inflation truly is a matter of concern
by Ramesh Shah on Apr 09, 2008 02:13 PM Permalink
reduce the heavy tax burden, for one. heavily increase petrol prices, greatly reduce diesel prices.......
RE:Inflation truly is a matter of concern
by Manoj Kumar on Apr 09, 2008 03:03 PM Permalink
I hope the suggestion to the government may be as follows.
1) Eliminate the middle men on buying the agricultural products. 2) Curb the exports tentatively. 3) Get rid of all the black markets in india. 4) Encourage more agriculture and farmers in villages not by way of waiving off the loan but by paying the right price for their product they produced. 5)Reduce your excise duty on petrol and to offset the same try to collect the tax properly from all business man. (Form a database to ensure who is doing what business and what is their revenue. I dont think VAT has accomplished its purposes).
RE:Inflation truly is a matter of concern
by pranab parajuli on Apr 09, 2008 03:59 PM Permalink
I agree to many points that you have suggested. But don't you think there will be widespread unemployment if these steps are taken?
RE:Inflation truly is a matter of concern
by pranab parajuli on Apr 09, 2008 02:38 PM Permalink
You had said "I urge everybody to fight against rising inflation. Or else we will face the same situation as of US economy in near future."
How do i follow ur steps? Do i go to the govt and ask for all these??? You must be crazy.
The tax burden has just been reduced and on reducing the tax burden, the govt has anyways increased the spending power of the ppl, hence more inflation. And you want this to be reduced further. Great.
And do you think that the comman man would like his petrol price to go up hugely? Your req and steps are totally baseless. Suggest something viable.
RE:RE:Inflation truly is a matter of concern
by Manoj Kumar on Apr 09, 2008 03:06 PM Permalink
Also cut the tax discounts to those person who build a house in his or spouse name if he already has a house.
