ON THE EDIT ORIAL OF “ H IN DU”:-

“FOCUS ON INFLATION”
Dt;-21/07/2008

Last six months have been as hard as hammer on the pocket of a common man. Even
devolped countries are on verge of a financial crunch. Also demand of some common
commodities have raised due to this inflation to such an extent that the want is
un manageable and hence some parts of the world are facing problems mirror to
“civil war”. But a question arises that how suddenly this problem has become a major
issue in a short span of time .

IMF has advised all developed countries to keep this problem in top priority .
But are they really doing it. It is not at all possible for them because their production is all
based on the developing countries who are most hit of the “INFLATION”. Thus it just
like taking care of them which is not affordable.
Also a fact says that not developed countries but the developing countries are responsible.
Countries like India who are a chief product ground ie they produce for other countries
are stucked in their own politics. Global warming is though a definite reason for this but
more over this politics is responsible.
Mr Sharad Pawar the Agriculture minister of our country is also chairman of BCCI .The
average salary of a minister is 30,000/- but of chairman of BCCI its uncountable. The
recent IPL have earned more than 2000 cr Indian rupee for him.
So its quite obvious where his inclination will be there. Thus how our agriculture was
affected by his negligence. Due to a fact that all products have agro based raw materials
thus justifies the point .

And why we are forgetting our financial policies which have no clarity in itself and has
nothing to bypass the problem. Our govt is just helpless in front of inflation. All measures
are just proving to nothing but a waste. This is just because of the whole politics which is
destroying the economic stability. When share markets were up our govt did not control
The flow of money but checked on companies which were gaining and did not watched
on the other side of coin and which caused sudden fall of market .
This not even lowered the business but also the reserves. Hence a economy crash was
sure . The govt blamed the companies for this. But truth is never hidden.
And the truth is what we are seeing.

Data says the in a span of 5 months the rate is growing almost

in double figures.
On 25 march it was 4.1%, on 25 may it was 6.25%, on 5 june
7% and on 10 july it came to staggering 11.91%. In a general
perceptive a plate with 2 rotis , a cup of rice, a cup of
dal , some vegis ,on 25 march costed almost 20/- while the
same costed 37.80/-
On 10 july. This shows the impact on the pocket of a Indian

By:-
SHANTANU JOSHI