Thursday, 3 November 2011

Misguiding Inflation figure

The food inflation figures which has been released by the government bogus and manipulated.  they say that inflation is said to be at 12.27%  which is nothing but bogus figure and misguiding the common people but actually the Inflation is more than 14%.But the market realities however are totally different as they do not seem to have any link with the inflation figures supplied by the government. The inflation figure have put the more burden on common people  due to hoarding and profiting by certain selfish elements like big manufacturers of cement, steel and others, and government have failed to control them and and in hand and gloves with them to cheat the common people the unpleasant fact is that prices of all commodities keep going up and prices of some of the essential articles have almost doubled or triple during the summer season.
 
There is no special move on part of the government to tackle the worsening price situation as the  escalating prices do not seem to worry the government at all as they are more occupied with some other important work and just talking and not taking any action to control the rising prices.
 
It is being regarded as an inevitable, unavoidable phenomenon. The government, it would appear, has more important things to do and thinking about the general election in 20014 rather than giving any thought to the price problem and its leaders are giving only warning and lectures. It can be expected however that the jugglers who are appointed by the government entrusted with the work by the finance ministry of producing inflation figures will be as busy as ever to give wrong figure and misguide the people with their manipulating figures.They can be counted upon to continue the good work and produce a rosy picture. They appear to be adept at the art of manipulating inflation rates. They have done a good job. The figures they cook up may not reflect the existing market realities, but that does not matter to government at all whether the common man suffers or not. The front page report brought out many important aspect of rising prices and was worth reading.

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