Vegetable prices 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 vegetables and one or two fruits for a day for a four member family is the ground reality. 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.

Dr.T.V.Gopalakrishnan

(This comment is in response to an article Onion ,vegetable Prices up inflation to 6.1% that appeared in Business line dated 16/9/13).