Saturday, July 03, 2010

Government & Inflation

      On 25th June,2010 Government of India, gives present to its citizen, which will give wind to inflation further, and countrymen are agitating, protesting and vocal on to inflation from September last year, but perhaps Government of India lost the power to listen the genuine problem of their voters, which vote them to govern the country. Last May, U.P.A. comes into power for second time, and from September last year onwards till date inflation demon is spilling fire with all cylinders, and all the efforts of government of India goes into southern end to control it. It is not that only price increases of some items but unfortunately each and every essential items of kitchen increase many folds like sugar, fruits, vegetables, pulses, and spices. Government of India blames roaring inflation because of shortfall of rain during rainy season last year, but at the same time claiming G.D.P. growth, which can attracts foreign investment community but at the behest of its own citizen, whose voices are hear with deaf ears.
     Lot of differences seen in the words and action of Government ministers when they gives statement or answers to the press relating to measures taken by government to control inflation and they often take time of two to three months by announcing that inflation will be control in next two to three months times, but at the same time opening the coffers for its employees, boards, member of parliaments and public undertakings as if only they are hit by inflation and need government sops and rest of countrymen need their false hopes, below are benefits pass on to or soon going to declared by government –
  • Dearness allowances of central government employees increase last year, so that heat of inflation not touch them.
  • Soon Government is going to accept the proposal of joint parliament committee, in which it recommended for Parliament members –
  1. Salary from present 16,000 rupees per month to 34,000 rupees per month
  2. Daily allowances from 1,000 rupees per month to 2,000 rupees per month which they will get on  attending parliament session
  3. Constituency area allowance increase from present 20,000 rupees per month to 40,000 rupees per month
  4. Office allowances from present 20,000 rupees per month to 34,000 rupees per month.
  • Citizen of this country get power or not but they are bound to get increase of tariffs every six month on an average either by regulatory commission or through revision on tax or surcharge, and if people raise question or objection then they get answer there is shortage of power in the country or because of increase in demand in summer season they are unable to meet the demand of power, well if there is shortage of power and consumers are not getting then what’s the fun to increase tariff ?
     On 25th June,2010 Government of India announced deregulation of Petrol price and gradually diesel will also be deregulate, then citizen of the country will have to pay for petroleum products price as per international rates and as Government said that it was bearing subsidies on to petrol, diesel, Kerosene and L.P.G. Cylinder gas, from whom they have pull their hands back, now countrymen have to pay throughout country more on all the petroleum products which will be –

  •  Petrol – 3.73 Rupees per liter
  • Diesel – 2 Rupees per liter
  • L.P.G. – 35 rupees per cylinder
  • Kerosene – 3 rupees more per liter
as per words of government concern ministry government is still bearing burden of subsidy on to diesel 1.39 paisey per liter ,60 percent on kerosene. Directly citizens have to bear increase in petroleum products above mentioned figures but its effect are going to feel in every sector as transporter declares they will pass on price increase to its customers and they will pass on to end users, as transporters moves goods from one place to another in the country which counts almost seventy percent.
     Opposition parties will agitate in the country to take mileage onto petroleum products price increase, will call for state bandh or bharat bandh depending upon their presence in the country, again its looser will be common people, which are doing business at small level, well if political parties have objection and anger against the policies of government then they should make target government business for bandh instead private business, which have nothing to do with government policies, instead they are also grinding.
    Government of India should understand, declaring growth in economy, to woo other countries investor community is a wrong tradition, if your country’s own citizen have not good quality access of food, cloth and house in their country, then from where in the world they will get this basic facilities, it seen that government’s claims are at the behest of common people.

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WELCOME n Thanx for yourgoodself's valuable thoughts, certainly for me these words are Gem and will give me direction.........Nartan Gulal