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Indian economy crippled by inflation

Tags: FED Meeting & Our Reverse Positions
29 Apr 4:54am
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Indian economy crippled by inflation - by srini48_vasan

 

Never in the Indian history that the inflation has touched the all time high of 7.33% and the prices of essential commodities have soared in a racket speed.The govt of india is making all out efforts to contain them.The finance minister goes on assuring that it would be checked and announced duty cuts on certain commodities imported from other countries and export of certain pulses have been banned.While the finance minister makes such announcement on one side on another side other ministers who have to do nothing with the inflation etc started blaming the previous regimes and attribute it to the wrong policies of those govt. The prime minister of India appears to feel shy to accept the responsibilites and ask the other political parties not to politicalise this issue.When this is the case on one side the govt, had a tough time waitng for the judgement of the Supreme court in reservation issue and the human resources and development minister spent sleepless nights as it has become a matter of prestige to him The Indian govt has determined to enforce the reservation at any cost with an eye on the forthcoming elections to parliament.

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