Friday, September 14, 2012

Inflation and behaviour of people

The inflation has started affecting the behaviour of people in the society as his inability to cope with the pressures of living finds expression in their day to day interactions.The arrogance seen among the lower class people particularly among small vendors of essential items,auto and taxi drivers,servants etc is on account of high inflation and they are not able to make both ends meet leave alone other expenses like education,medical,travel expenses etc.The otherday I had to engage a taxi for a distance of 7 kms to catch a train around 11PM in the night in Kochi and the driver demanded Rs 250 ignoring the Govt rules and normal prudential practices citing the inflationary pressures and all round increases in prices of commodities and services.One cannot dare to think of going for a house and providing good education to children after meeting his minimum expenses for living.Milk,provisions,vegetrables etc are so costly and the non affordability of majority of the population irritates.
from: Dr.T.V.Gopalakrishnan

Posted on: Sep 11, 2012 at 15:58 IST in The Business Line  

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