It had been coming for long since 1991 ever since we started aligning our economy with the globe (read WTO, Globalisation, etc.). While it gave us a chance to enter the global markets & establish ourselves, it also aligned our economy with the world. All the commodities are now governed by the international commodity prices. I belong to the Rubber Manufacturing Industry and in the name of International Pricing, the prices of rubber have gone from 35/kg to 115/kg today just in 2 years. What became expensive??? The water fed to the tree??? or did the tree demand more money??? Everywhere else it is the basic grower of the commodity who is earning handsome margins in the name of international pricing.. Who is earning money in this scenario? It is either the one who has the basic access to the raw material..whether IRON ORE or RUBBER or WHEAT and so on.
So start from the very basic places.. Inflation will be automatically controlled.
IT IS THE GROWERS TO BE BLAMED IN THE FIRST PLACE.. AND GOVT. IN THE SECOND PLACE FOR NOT BEING ABLE TO CONTROL THEIR GREED.
