Onions and Inflation

Inflation is not under control and people are suffering.Vegetables and fruits are beyond the affordability of even middle classes whose earnings are in five digits a month. If one carries Rs 500 note, one can have a very items of vegetables and one or two fruits for a day for a four member family is the ground reality. Of course onions avoided. The economics practiced by the Government cannot be understood even by the economists is not an exaggeration. The inflation is demand driven or supply constraints is the look out of the authorities but the people at large have no clue as to what is the way forward with their limited income. The feeling of frustration is visible everywhere among the lower middle class and lower classes and this can be easily experienced and felt in the markets, bus stations and trains when they curse and condemn the Government .Their helplessness creates tension in family and society is a fact which the authorities cannot ignore any more. Family budgets are in astray and this has reflection on the house hold savings and the demand for non essential and essential goods. Black money holders and those who earn well and those who do not pay any taxes only are able to bear this unheard of rise in prices is what the authorities should realise and take appropriate measures. Suffering of the masses cannot be allowed to go on any more. Corruption, black money and greed have become the order of the day and the ordinary masses have absolutely no say but to silently suffer and sacrifice even the minimum essentials required for survival.This can have adverse impact on the society and the restlessness will increase out of frustration and desperation.

Dr.T.V.Gopalakrishnan

(This comment appeared in Business Standard against an article Onions drive Whole Sale inflation on 17/9/13)