2010-02-05

Food Inflation

The habit of looking at prices of food and other daily usage items was long gone.If I do it, it is more out of academic interest and to compare the current prices with what it was when I first knew of the prices - Petrol was INR 7/= when I first noticed it; Sugar was INR 4/=. My civil services interview, incidentally, centred around INR 2/= a kilo rice scheme proposed by NTR. My defending the scheme was not taken too well by the commission members. I argued - we subsidize transport (petrol / ticket prices on buses, etc), energy (power / LPG) and suchlike consumed by even middle income groups and the rich. Why not subsidize basic necessities like rice. They nodded sideways, which did not go well with me.

I am digressing. I am supposed to be discussing current food inflation. Rice at over INR 40/=; Dal and Oil even dearer. Eggs at INR 3+ are in great demand because vegetables are more expensive. It has been as bad for sometime now. How are people with limited means sustaining? Why are people not taking to protests? Why are media people and all people that (could) matter (like, say, him & her) discussing only SRK-Sena issue, and quite oddly, feeling good that they are doing some real good.

PS:  Long overdue. Moved the blog to own domain - www.itheabsolute.com

No comments:

2010-02-05

Food Inflation

The habit of looking at prices of food and other daily usage items was long gone.If I do it, it is more out of academic interest and to compare the current prices with what it was when I first knew of the prices - Petrol was INR 7/= when I first noticed it; Sugar was INR 4/=. My civil services interview, incidentally, centred around INR 2/= a kilo rice scheme proposed by NTR. My defending the scheme was not taken too well by the commission members. I argued - we subsidize transport (petrol / ticket prices on buses, etc), energy (power / LPG) and suchlike consumed by even middle income groups and the rich. Why not subsidize basic necessities like rice. They nodded sideways, which did not go well with me.

I am digressing. I am supposed to be discussing current food inflation. Rice at over INR 40/=; Dal and Oil even dearer. Eggs at INR 3+ are in great demand because vegetables are more expensive. It has been as bad for sometime now. How are people with limited means sustaining? Why are people not taking to protests? Why are media people and all people that (could) matter (like, say, him & her) discussing only SRK-Sena issue, and quite oddly, feeling good that they are doing some real good.

PS:  Long overdue. Moved the blog to own domain - www.itheabsolute.com

No comments: