Inflation / price rise specially for agricultural products logically should be good news. 70% of our population is dependent on Agriculture. And they are poor. Rise in price of Agricultural produce gives them an opportunity to realize better value for their hard work in the fields. Of course , the high price realization needs to reach these farmers. Few days back there was news that Farmers in North India had a bumper production of potatoes and there is no storage space. So potato prices has crashed. Do you think that these farmers will produce potatoes next season? Of course not. They will move into another crop. So be ready to pay higher price for potatoes next season. The present condition is due to mismanagement of our agriculture policies. In one part of the country, produce rot as there are no storage facilities and in another part, you are forced to pay through your nose for the same product. Stupid laws controlling movement across state of food products should be scrapped. Government needs to set up cold storage and allow private sectors to set up cold storage. FCI warehouses needs to be modernize. Theft of food stocks from government godown needs to be monitored. The Communist %u2013 the self certified cry baby of the poor, has powers to usher in these changes. But they will not. It%u2019s their interest to keep the passes poor and improvised to protect their vote bank. Knee- jerk reaction of banning grains exports and cutting import duties on certain imports,
RE:As I see it
by Netra Maithun on Apr 12, 2008 01:17 PM Permalink
In addition, we had more than ample stocks of Wheat and Rice last year. We exported the same. Now we are forced to import the same at double that price. VERY PROFITABLE BUSINESSMAN WE ARE! and that to MM - Chidambaram Raj .... Someone was sleeping on her job. Thoese head need to roll. Power with out responsibility and accountability is not acceptable. 6th Pay commission recomendations should be freezed till the mechanism of accountability and penalties for non performences are laid down...
RE:As I see it
by Netra Maithun on Apr 12, 2008 01:09 PM Permalink
Knee- jerk reaction of banning grains exports and cutting import duties on certain imports, would have suited a Governance of a third rate government and not a Cabinet boasting MM Singh and Chidambaram.
