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Price rise turns life despairing . . . How to curb inflation?

There is a democratic system in the country. Under this system, whoever is in power, appears to have closed their eyes completely when people of the country face immense trouble in their livelihood and some people sitting in the opposition are found as the only supporters of the public.

||Limtey Khare

When the Congress comes in power, the BJP sitting in the opposition raises an eyebrow in terms of inflation, but when the BJP, itself comes to power, it does not see the Himalayan price rise and the Congress sitting in the opposition demands relief for the sake of public at large

Amidst all this, people forget that the basic responsibility of curbing inflation which lies with the people sitting lavishly inside the power corridor.

The opposition should question in Parliament the weight of efforts are being made by the government to stop inflation. Ironically, in this case, governments show a juggernaut of data and the opposition remains silent even after knowing the facts of the ground.

The graph of inflation in the country is increasing year after year putting each year a new milestone in this regard.

There was a time when ten five paise coins were valued, now no one is asking for the coins. The fifty rupee note is also being considered very small. If you get out of the house then it is common to spend five hundred rupees by evening per day.

The reason for this is that the prices of everything are skyrocketing. Lack of means of employment and disappearance of Jobs. The income of the shopkeepers is also very less than before. The big question has arisen as to how the general public should deal with inflation under these circumstances.

The National Statistical Organization (NSO) of the Ministry of Statistics and Program Implementation has released industrial production figures. After seeing these, it seems that governments have not paved the way towards increasing industrial production. Even though it has recorded a decline of 0.3 percent, the figures can be considered worrisome.

In January this year, the graph of inflation has increased rapidly. Prices of vegetables, groceries, oil, etc. are touching the sky. Recently, the price of LPG without subsidy has been increased by one hundred and fifty rupees. This is considered to be the highest increase until now.

During the rainy season, onions made people cry. Meanwhile, tomato prices again caught under fire. It is natural to create anger and dissatisfaction within the public due to the need for daily necessities. Even the crocodile tears of the opposition are not able to apply ointment to the wounds of the public. If the public is crying tears of blood today, it will not be an exaggeration.

This is being expressed by the Reserve Bank of India. He did not cut the policy rates so that there would be a fire in inflation somewhere. Seeing the way inflation is rising, it seems that the government is also looking helpless in front of it.

If you look at the data of NSO, inflation in January was 7.59 percent, while in December of 2019 it was 7.35 percent. Whereas in the previous year i.e. December of 2018, this figure was just 1.97%.

If we look at the figures, it becomes clear that in one year, this rate has increased to 5.38 percent, which can be considered sufficient for the concern as per the economic point of view. Similarly, if we look at the figures of the Ministry of Commerce and Industry, it is clear that the wholesale inflation, which was 3.1 percent in January, was 2.59 percent in December 2019. These are the figures on which neither the government nor the parties sitting in opposition have any free time to discuss them.

If seen, the opposition should start a nation-wide debate through such data, surrounding the government on the issue of inflation. The opposition should ask the ruling party in the parliament that what kind of efforts the government is making to curb inflation.

Ministers are said to bring thousands of jobs, but seeing the number of unemployed at the grassroots level, it seems that a lot of rhetoric is being done by governments. And there are no more jobs coming, but people are definitely under the world of the lost hope.

Today, the common man has no more money according to his needs. If people do not have money according to their needs, then the real economic crisis knocks the door of every once.

(The author is the editor of the news agency of India.)

(Sai features)

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