The rise in the prices of essential commodities is the direct result of the wrong economic policies of the UPA government. It proves that most of its fiscal and financial policies - including taxes- are inflationary.
The present situation is also the result of profiteering by retailers as they make a huge profit by arbitrarily increasing their margins.
No doubt wholesale prices are also high but both wholesalers and retailers add too big margins.
Also, for future the government must ensure that farmers -vegetable growers etc must get the right price for their produce and these middlemen -wholesalers and retailers should not add too much margin.
The alternative is to open government retail shops like mother dairy outlets in most colonies, whereby the government must control its prices.
Mahesh Kumar, Via e-mail
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