yes every nation is going through rough patches nowadays as the oil prices keeps mounting by, yet the going has only got tougher for the UPA led govt. Having the advantage of two economic wizards one of which being the PM Himself and the other being theonly Finance Minister to file more budgets one cannot help but wonder whatz happening..
'Too many cooks only spoil the soup' they say which seems to be true in the case of the current UPA govt. Im not a supporterof BJP or any other party for that matter and not a fan of congress either but as a concious citizen could only worry aboutthe rising prices which ultimately affects the Majority of people esp. middle-class. Its getting more evident nowadays in everyforms of our lives, from transportation cost, food, groceries, products to everything. As they say this will have cascading effecton everything.
They say 3-5% is max. one can compromize for a healthy or rather wealthy govt. But a double digit inflation is only indicativeof the flawed economic policies esp. by a govt in its last days which can only leave a large chunk of deficit for the new govt. to be sworn-in. Though the UPA is still banking on its last budget offers like farm-loan waiver (which has run into lot of controversies and indeed is in toruble much like the other plans of congress).
The govt however is helpless as the FM cries every week pointing out the fuel hike, food hike, steel prices etc., they seriouslyaint seem to be concerned at all as most opposition parties are asking what is the need to push nuke deal alone why not u pplconcentrate on the ppl. ppl are dying day by day to cope-up with the rising prices.
Instead of providing course-correction actions releasing the inflation report well if i may sound like a politician curse me not im just expressing my raw anger as the situation seemed to me had crossedverges. i may sound illusioned but the fact remains that ppl are suffering for the futile plans and economic policies this govt. had framed so far. They only seemed to be reacting rather than being pro-active....
Further more they seem to be only doing what the previous govt. had done or planned to or left with just to earn accolades.from 4way roads, Nuke deal (which was planned earlier by BJP earlier as a low-profile deal), the ram sethu project, and more...
Common man like me can only hope the future would change and change for better..
PS: Yesterdays inflation report shows rise to 11.98%