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Monday, September 2, 2013

A new phenomenon

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 May be the price rise is not a  new phenomenon as Union Minister for Overseas Indian Affairs Vayalar Ravi said but inaction on the part of Central and State ministers is, of course,  a new phenomenon. No effort has been made by the rulers to check inflation of the extra ordinary sort. The reaction of KPCC president Ramesh Chennithala wearing a farmer’s cap, is only an insincere criticism in the backdrop of his bitter experience with the Chief Minister. People never place any weight on the comment of Chennithala.
There are many ways for market intervention and thereby to check inflation.  Stream lining public distribution systems such as ration shops, Maveli stores, Supplyco outlets  and confiscating the property of black marketers are ways of controlling price..  Nevertheless the Government is sitting idle by diverting attention to filthy matters like Solar panel case and Left blockade of Chief Minister.  The wrong policies of the government,  both Central and state,   are responsible for the sky rocketing of prices of essential commodities. 
Remember, the new phenomenon of petroleum companies running a parallel government in India is yet another reason for market inflation, Mr Overseas Minister.
K A Solaman

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Alappuzha, Kerala, India
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