Whats Is The Cause Of Inflation Getting Uncontrolled In India ?Whos Responsbile

@Ganesh44 (5547)
India
November 3, 2011 6:12am CST
Dear Friends I m from India ......... What I m observing a mystery happening in India is that Inflation is nearly uncontrolled of any agenceies responsible to control it ........ What do you think is the reason behind the illogical price hike of nearly everything here in India ..... Who is reponsible to control it ? Hare Krishna Ganesh
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3 responses
onculache
@onculache (80)
• Romania
3 Nov 11
As far as I know India is a country with one of the highest inflation. In this case there are needed some monetary policy measures. And also to put more emphasis on national production and creativity , so the country to depend on own production and exports rose. But what's crazy is that market demand in the occident is declining as a result of the crisis and the exports affected are in turn.
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Ganesh44
@Ganesh44 (5547)
• India
5 Nov 11
see market demand declines since inflation is very high vice versa who will buy an article cost one rupeese/dollar in 20 dollar so thats the reason for demand which is getting declined ........ I hope our goverment will wake up and will start working above personal interest ......... Hare Krishna Ganesh
Sreekala
@Sreekala (34312)
• India
3 Nov 11
Hi Ganesh, I don’t know who is responsible but I am shocked with the hike in prices. Today’s newspaper says there is another hike in price for petrol, LPG Gas and some other items. I don’t know how we can manage in the future. The expenses are shooting but income is steady. Hare Krishna.......
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Ganesh44
@Ganesh44 (5547)
• India
3 Nov 11
Hiiiii....... Nice to see you on my discussion after long ......... yes I fully agree with you Indian goverment seems to be ignorant of people its governing ..... I believe incoming few months we will say people like Anna Hazzarae to comeup and mind this goverment back to its wits ......... Hare Krishna Ganesh
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umabharti
@umabharti (3972)
• India
5 Nov 11
whom do you say is responsible for the inflation.Is it the other countries influence or our own country people. What do you know about inflation ?
Ganesh44
@Ganesh44 (5547)
• India
7 Nov 11
see India is independent since 1947 so inflation is not a new problem but in recent one year I have seen its getting uncontrolled offcourse golobal factors like petrol prices affects inflation but I believe domestic factor like governance is more responsible for inflation getting uncontrolled where the more than 60 years of experience gone of our goverment tackling this old problem .......... Hare Krishna Ganesh
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umabharti
@umabharti (3972)
• India
7 Nov 11
hi, So is there a chance of sorting out this problem.What is your opinion about this ,and what is ur advice or suggestion to control the inflation .