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Rakesh wrote:
[quote]Hello Lohit and Deivigan,

Your points are absolutely right. Lohit said the Dal price is around 58 rupees per kg. It is a very old price. Now it is around 80 rupees per kg. Government is not taking preventive measures at all.

In andhra pradesh many dealers are storing the food grains and selling it in the black market at the higher prices. Many tonnes of kg's of dal are discovered during the checking. But all those dealers have big deals with the ministers and MLA's. Then the respective officers can't do anything and left those Dal to the dealers only. This same thing happened for other pulses and commodities too.

Main thing for increasing prices of the commodities are due to the black market. And government should give more importance to crop research. So that we can invent seeds which can sustain during the flood also. This should be taken immediately. Otherwise prices will increase every day.[/quote]

Rakesh,I am completely agree with you about this matter. This black marketing is running from a lot of years an government also know about this, but politicians always saw their benefit. A special Team Should be built for this type of checking.
gulshan kumar ajmani wrote:
[quote]The inflationary trend is due to several causes. One is ever increasing population boosting demand for products and services especially food grains. Needless to say, the resources are limited. Secondly, the production of goods and services does not keep pace with demand. The recent hike in Petrol and diesel prices and raising central excise by 2% is sure to increase prices. The finance Minister could avoid raising indirect taxes and instead not reduced direct tax burden.[/quote]

but Mr.gulshan This is not only responsible for the price rising. Curruption is also have the 50% sharing in these price rising.
aastha wrote:
[quote]Prices are indeed rising by faster rates, and this is really effecting the common public.
Its not a new thing because prices always rise faster than price indices. But last year, prices were on air. Everything, small or large, basic or luxurious, prices were at seventh cloud, almost out of the reach of the common person.
I think, Soon, the government will prove statistically how the increase in prices helped in a 20% weight reduction among the citizens of India.[/quote]

Ha Ha.. good miss Aastha. Its right price always rises, they never get down. But we should all use resources in limits, this can reduce the price.
Lohit- You are right that corruption aggravates the problem. As a matter of fact, corruption, black marketing and other unfair practices arise more when there is crisis in supply in relation to demand. To illustrate, there was black marketing in scooters, gas connection and telephone connection even in eighties. Now as these are in abundance, there is no black marketing in these. If the shortage i food grains is removed, the malpractices by middlemen and others will also be curtailed. We need to give a new meaning to the slogan- Jai Jawan Jai Kissan. We should concentrate more on agriculture and food articles and Defence/ internal security. Other sectors should play as subsidiary to agriculture and defence. Wasteful expenditure and luxurious life style needs be checked. There should be stress on cost reduction in all sectors. In short best use of national resources and simple living are the solution to price rise. Strict action against corrupt practices is definitely necessary.

G. K. Ajmani Tax consultant
http://gkajmani-mystraythoughts.blogspot.com/

If a person is working in a reputed company and drawing a good number of bucks per month, then the rise in the price of commodities,hardly affect you. If the price of potatoes increases to 33 bucks per Kg from 16 bucks per Kg, then you can still afford to eat potatoes in your daily curries. But, everyone is not a rich man :dry:
Majority of our Indian population don’t even get food for two times a day. The recent hunger index clearly proves that more than 73% people of our population eat food for once in a day. :blush:
As a net result, the malnutrition comes in. People lose their immunities against several diseases.

Aastha Gupta
Ver right Aastha. Inflation affects the poor, the salary earners, particularly the lower level, pensioners more. The poor spend major part of their income on essential items whereas the rich spend only a small part on necessaries and major part on luxuries. That is why the poor and those below poverty line need more protection from inflation. Surprisingly, the finance Minister has aggravated the miseries of the poor by hitting them through increase in central excise, import duty and hike in petrol and diesel prices. On the other hand, he has benefited the rich and upper middle classes by reducing income tax liability.

G. K. Ajmani Tax consultant
http://gkajmani-mystraythoughts.blogspot.com/

gulshan kumar ajmani wrote:
[quote]Lohit- You are right that corruption aggravates the problem. As a matter of fact, corruption, black marketing and other unfair practices arise more when there is crisis in supply in relation to demand. To illustrate, there was black marketing in scooters, gas connection and telephone connection even in eighties. Now as these are in abundance, there is no black marketing in these. If the shortage i food grains is removed, the malpractices by middlemen and others will also be curtailed. We need to give a new meaning to the slogan- Jai Jawan Jai Kissan. We should concentrate more on agriculture and food articles and Defence/ internal security. Other sectors should play as subsidiary to agriculture and defence. Wasteful expenditure and luxurious life style needs be checked. There should be stress on cost reduction in all sectors. In short best use of national resources and simple living are the solution to price rise. Strict action against corrupt practices is definitely necessary.[/quote]

Yes gulshan i amagree with you, the use of resources in the right way can only reduce the price rising problem. But for this a lot of work and mind set up will be used to make the mind of Indian people for using resources in right way..

Just take the example of Petrol and dieasel. During driving when red light came, people never off their vehicle. I think near about we have to wait for 90 seconds on red light and in 90 seconds there is a lot of petrol can be saved by a lot of vehicle if they get off on red light.
aastha wrote:
[quote]If a person is working in a reputed company and drawing a good number of bucks per month, then the rise in the price of commodities,hardly affect you. If the price of potatoes increases to 33 bucks per Kg from 16 bucks per Kg, then you can still afford to eat potatoes in your daily curries. But, everyone is not a rich man :dry:
Majority of our Indian population don’t even get food for two times a day. The recent hunger index clearly proves that more than 73% people of our population eat food for once in a day. :blush:
As a net result, the malnutrition comes in. People lose their immunities against several diseases.[/quote]

Aastha i am agree with your points and its the right fact that prices rising is not effecting rich people. They can afford this. Government always says they are doing work to remove the poorness of people but poorness is increasing day by day.

If prices is getting high then every people from small shops to big shops will sell daily use things more costly because these people also wanna earn more. So the system is going inbalanced.
I agree with you all guys.

One of the main thing is the inflation. Inflation increases due to high demand. Everyone can't afford things due to high prices. But this will happens for every 6 to 7 years. Then we can imagine how the prices will be after again 6 to 7 years.

@Aastha

Gold and bullion prices are other issue. Before 20 years, Gold per 1 ounce is around 800 dollars and now it is around 1120 dollars. In the mean time it fallen to around 250 dollars and the high price in this 20 years is around 1250 dollars. This is a very different issue. There is no comparison between rising of the pulses and the gold prices. We can't compare stock market and bullion market to this pulses. They are very different issue

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Lohit- The inspiration for economical use should come from the top. To begin with, use of personal transport should be discouraged and vehicles on road reduced. There should be good public transport like buses and metro rail. This will reduce traffic and accidents and also less fuel consumption. similarly with other sectors. A national audit commission can be formed to continuously monitor areas where cost reduction or better resource utilization is possible.

G. K. Ajmani Tax consultant
http://gkajmani-mystraythoughts.blogspot.com/

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