What happens to the price rise in India???

Question

What happens to the price rise in India???

Answer 1

Could somebody plz. tell me why r we so bothered all of a sudden about this 'rise'? I do not know how all of a sudden the combined inefficiencies of the past half decade, even when economists were cautioning can be eliminted in the coming 1 yr. at least... A demand restriction that ome famous leaders, more learned r talking about could and would severely hamper growth at it's most delicate state when investments r materialising. In fact prices hav been riosing for quite a long time and this was planted in trend, the pattern shows that demand side pull is definitely not responsible----- then yes, inadequate supply, in fact since globalisation we hav been asking for a no-no for certain goods, whatever the real vile lies in inadequate entitlement in certain sector due to lop-sided development and yes govt policy i.e. FRBM ACT(in fact Vice-Chairman, Planning Commission, MR. Alluhwalia(i think i got it right), has been asking Mannu chacha for a more free hand in public expenditure for entitlement protection, the real risk other than menucard cost lies in the fact that a lot of popn. in INDIA is precariously above threshold poverty level) whatever even the growth rate has been curtailed and industry is  thus striving under diretions of govt to keep prices low to adopt new techniques to keep inflation well known and thus under control if not curtail it. However it takes time and as i emphasised that caution must be taken to increase supply that's most important-------that'll cure most probs. about oil and l.p.g. prices---wastage control and alternative resources so now we find the need of it.

India is not the only nation to face inflation Govt intervention to keep prices low would adverse trade flow inwards-- stunted growth..........................'suppky will react soon , govt needs to spend more and yes, by adjusting taxes legally next year we can move ahead --------- we need more goods for better entitlement and less political offers with double edged swords which aim at ultimately falling the govt.