Inflation
continues unabated. In the last week of March it stopped at
7.14 per cent and swinging in April it reached up to 7.33
per cent. Government adopted several measures but it did not
make any difference. Inflation lowered a little and again
it started rising. Reserve Bank of India on Tuesday might
take some steps in this direction. But only through mechanism
it can not be checked. Because finding its root cause and
effort to remove it necessary. Prices of daily consumable
items are going up continuously and even after sufficient
availability of food grains they are becoming dearer. The
same condition is of edible oils. Now sugar prices are also
going up. Whereas export of some food grains has been banned
and crude oil is being imported. Common man is most vulnerable
with the inflation hit. Food grain is available sufficiently
and purchasing is on its swing. But this purchasing of government
is not for immediate use. Food grains are being stored. It
means commodities and grains are available sufficiently but
it is away from the reach of people. People are purchasing
beyond their requirements that it is available at present,
perhaps in future it would not be available or might be dearer.
On the other hand the hoarders and black marketers are also
storing after purchasing a lot. They have tendency that when
it would be dearer they would earn benefit selling it in higher
prices. Though it is possible that prices may fall in rainy
season and bring a little bit relief. It is most important
that unnecessary purchasing should be checked immediately
and action should be taken against the hoarders and black
marketers to bring the old storage of food grain in market.
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