Arindam Chaudhuri - the current rate of inflation in May is too costly for the UPA

For a country like ours, which hosts the largest number of poor families, in any form of distortion in prices of raw materials is still a sensitive issue. And probably for the same reason, it was noted that the public has always been pardoned several elected governments of poor governance, but has never spared any government in general, the price of poor management. This is all the more reason, it becomes even more interesting to analyze why the current UPA government to allow inflation beyond control and that, at a time when elections are around the corner from the road. Before him, it seems there are two reasons, namely the calculation error and complacency was the Executioner for the peace resolution UPA. Who can ever expect the escalation of oil prices in this measure, even if they were, they failed to think clearly that would be able to tide over the situation for the conduct of the growth curve. This is also reflected in statements issued by the Ministry of Finance, in which the burden of inflation was the price of oil!

Well, the fact there is no doubt that oil prices have created a chaotic world, releasing almost all the art. But then, this is also true that the signs of these price increases have been observed only since last year. So the question is why the UPA has not taken adequate measures to mitigate the crisis, then? If you think you may be able to manage their peaceful possession and let the chaos for the next government? In any case, there is no denying that this is simple lack of attention and pro-active thinking that has pushed inflation to reach an insurmountable height maximum of 13 years! Indeed, one of my previous columns, I wrote how the current world food crisis and rising prices was the occasion for the UPA government's decision, which could reverse the situation for India for World Food. For India has all the resources to become the world food bowl. But then, it seems that the content is the policy has led to rising global crude oil prices and pass the ball to the Reserve Bank of India to alleviate the monstrous inflation. There is no doubt that interest rates always push hinder future economic growth. This happens, we can say without doubt that the more misery to come. In fact, most of the measures taken by the Government so far has been new and not give respite to the poor who suffer most from rising prices. In the same column, which mentioned that India also needs to systematically increase their agricultural production and should not prohibit the export to other countries to follow and stop the sale of food grains for us. The measure adopted by the government was in the back as they have banned the export of basmati rice, has extended the ban on pulses and edible oil. No wonder they had to do such a reaction, simply because there was no preparation to mitigate this looming crisis.

To accept that the government had no idea what level of inflation would be a mistake to say that, as you well knew that, after sixth pay Commission itself would be serious. If we had wanted, could easily have pushed for the supply of intensification of agricultural production, which was more or less stagnant during his tenure. This would have saved at least 100 million people (estimate) have been pushed around or below the poverty line due to inflation this year. To make things worse, this lack of preparation, and the price increase has also provided land for the placing on the black market have been informed that they are rapidly accumulating in anticipation of further price increases. In negotiations, the man is bleeding to maintain their survival, the erosion of other electoral board AAM aadmi UPA! Not only the poor, in fact, there was a loss for all older people to survive in deposits, as did their negative returns! I am very optimistic when I wrote in another column (of which I have already spoken), the global food crisis and rising prices in general are disguised as an opportunity for the leaders of India, the image can be converted to 'India. For India has the resources to feed the world. Not only that the UPA has lost a great opportunity in the world, but also appears not to protect their citizens of the crisis. But then there is the UPA not to pay a price for all its errors and complacency "in particular if this state of affairs" for the common man expects to activate the polling days. As mentioned earlier, I believe that there is still time ... but it seems certain that you are running out quickly. The nation expects that the university brilliant trio of Dr Manmohan Singh, P. Chidambaram and Dr Montek Singh Ahluwalia to show their value and country of crisis for the good of the suffering of millions of poor people in the least.