Inflation

The prices of vegetables, milk, and other essential commodities are climbing up the ladder on perpetual manner. The reasoning out by the politicians is that due to oil price rise all commodities and services have become derarer. The vegetables which were available in the market for Rs. 10/- about a fortnight ago have gone up to Rs. 40/- to Rs.50/-.Prices of other commodities also have gone up likewise. The bus fare and auto fare have gone up hitting the commuters on their heads. The politicians especially of the ruling party invent excuses by giving the theory of demand supply and global inflation. They forget that commodities produced in India and sold in India also find place in their global inflation theory. Who is responsible for the rise in price of vegetables.? Who is responsible for the rise in prices of essential commodities? Is it American Govt. or European Countries? Gulf Countries? Govt. of India is not responsible?

What the Government and their officials are doing in controlling the prices? If any small businessman or entrepreneur wants to start a busines in a small way he has to bribe to the officials of Municipality, Corporation, Excise Department, commercial Tax Department, Sales Tax Department, Police Department and also the exortsists. All the bribes are loaded to the commodities and services and products. Apart from that, the traders also exploit the common man knowing fully well that the common man would buy the essential commodities irrespective of the cost. He tries to reap windfall profit. It is not the economic theory of demand and supply that causes the inflation but the corrupt practice of corrupt offcials that causes the inflation. The conventional economic theories contribute to the inflation only to some extent.

Politicians, Government Officials, businessmen et al do not shrink their daily or regular consumption due to price rise. Even if the price of 1 Kg of rice is sold for Rs.100/- they would consume the same quantity and quality of rice, if the okra is sold for Rs.50/- per Kg. they would continue to consume the usual quantity. But a common man who is living on his regular fixed income, or salary alone is hit below the belt. He has to find out a lower grade of rice, or other alternate cereals and forego taking vegetables on regular basis or wait for the prices to come down in the market. Neither the Government nor the opposition parties or for that matter any officials or business man are bothered about the common man. They continue to be corrupt and they do not want to mend their ways. If the corruption is curtailed either by law or by self discipline or moral obligation, the inflation would not have reached to the present level. This is only a hypothetical expectation. Common man has to suffer and struggle for a decent living as long as the corruption and corrupt politicians and officials rule the country. India is shining in corruption. Let us be pround of it.