Everybody talks about inflation and price rice in India. Please give the details of Inflation in Saudi Arabia, Malaysia, US, China etc. Every country facing Inflation. India is somewhat better position in Food compare to other nations. Even US President spoke about Food crisis , in India there is no such a big problem compare to other coutries. (Compare the details of Prices in Jan'08 to Jul'08).
Just imagine during 1991 reforms Congress itself against it. Even MMS has resigned 3 times his FM post. But P.V.N Rao rejected it. Now we are enjoying the fruits of liberalisation. Now this ENERGY SECURITY WILL GIVE NEW OPPERTUNITY to the comming generation. Even Brijesh Misra, Advani says it is good deal. Then why all the cry.
RE:INFLATION- WORLD WIDE
by grir reeg on Jul 23, 2008 09:23 AM Permalink
Inflation in the US is due to market manipulation and India has been sucked into it due to spineless policies that's what the general public is complaining about.
RE:INFLATION- WORLD WIDE
by Financial Advisor on Jul 23, 2008 09:38 AM Permalink
Ok then tell me first why poor farmers who cultivate rice,wheat,sugarcane are doing suicides. If they were getting enough money for their production then why they will go for suicide option? Where this money is going my dear? Because govt. is not taking action on middlemans and those middlemans are congress people.
RE:RE:INFLATION- WORLD WIDE
by baiju velayudhan on Jul 23, 2008 09:50 AM Permalink
suicide is not a solution to anything. the peolpe who do that are of weak mental strength who does not know to TAKE BULL BY ITS HORKS AND MANAGE/EXPLORE THE GREATEST OF ASSETS which is found in every indvidual. PEOPLE WHO ARE AFRAID TO FIGHT NEVER WIN A BATTLE.
RE:INFLATION- WORLD WIDE
by baiju velayudhan on Jul 23, 2008 09:36 AM Permalink
the whole world is facing inflation is a true statement. but, the question is what EFFECTIVE steps you take to bring it down. i know some countries in middle east REVALUEd their currency to ensure that expatriate population did not lose in foreign exchange currency conversion as they were depended on foreign employment and imports. similarly india MUST come with a concrete strategy (convincing to the majority) to balance the extra cost of living and production which ultimately effects everybody someway.
