Rediff.com |  Feedback  
You are here: » Rediff Home » Discussion Boards » Permalink
  
View : Single Message | Complete Thread | Read complete Discussion
Govt is a manipulator
by chandrashekar nayak on May 27, 2008 01:22 PM   Permalink

Inflation Rate @ 7.82% is a manipulated figure.some arithmetic jugglery and incorrect data collection is showing inflation at 7.82% whereas in reality it is more than 10-11%.We need not be a shrewd economist to understand the basics. Food prices have gone up by 25-35 % and average increase in non-food items is about 20% . How can inflation increases at 7.82% ?
Mr MC and Mr MMS are fooling the entire population of this nation.death knell of this govt is being heard in elections after elections.Sooner this govt is thrown out of power,better for the nation.Today, it os Mrs Maino and left parties are,without having any answerability and accountability to the people of this nation,are ruling the country and our prime Minister's position is reduced to that of a boot-licker.Fractured mandate in 2004 general election is the root-cause of this problem.Mr MMS's theoritical Economics is outdated and irrelevant in today's situation.dEdyC

    Forward  |  Report abuse
The above message is part of the Discussion Board:
Inflation: Govt needs to be less panicky