Inflation
is an issue which has troubled not only the common man but
even the renowned economists. After the Union government's
election centred budget, the rising prices have once again
made the common man to think as to how to make ends meet.
On the second day after presentation of the budget the prices
of commodities and daily items have gone up. Edible oil and
pulses have registered a hike of Rs 5 per kg. This situation
has resulted due to imposition of Value Added Tax. The government
had announced to impose tax on commodities from April 1st,
but the traders have already started its implementation. The
role of speculators is no less in spiralling prices of essential
items. Finding global rates of items going up they too hike
the prices at home. Soyabean oil, and groundnut oil have become
dearer by Rs 5 per kg and Rs 3 per kg respectively. The same
situation is of Tuar Dal, Moong Dal and lentil. These pulses
have also become dearer by Rs 3 per kg. The speculators were
waiting for budget day. Wheat prices have gone up by Rs 6
per kg. Gold and silver prices need not be brought into focus
as they are not items of daily use, their demand is only on
special occasions. Businessmen in this connection say that
there is a package for farmers in the budget but there is
no control on speculative trading. The common man thinks only
of how to feed himself and his family; he has no interest
in magic of data. The government should think about him. It
is responsibility of the governing bodies of the state to
see that the concerning department officials are deployed
in the field and take action against the black-marketers.
If it becomes necessary then essential items like edible oil,
pulses, rice and wheat should be provided at reasonable rates
at prominent places. Otherwise the people will resent such
a government during election times.
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