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Created by : Pankaj Jha, Engineer, Octal Petrochemicals FZC, Oman  | 01 21 2010 11:04:42 +0000
Keywords : commodities cost
Activity:  508 views;  last activity : 07 06 2010 20:18:09 +0000

What are the measures & steps our government should take to control this ever changing commodities prices??

Is it possible to keep this steady?

How do we should act, to manage our annual domestic budget so as to have the minimum impact from this phenomenon?

 
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Increase in price of consumable products has rised an alram around the world. The govt. should bring in various measures to control the price of the products. Government should fix the price of the commodity. And shuld not allow black marketing. If it can be controlled, the price can be made stable.


By Himanshu Pathak, Sr/Principal Coresspondent, Coresspondent  | 01 22 2010 14:13:11 +0000
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In my opinoin, our government should evaluate roughly the status of the farming yield we are going to produce. They should fix the prices of the necessary commodoties for the same fiscal year. At the same time, common people can budget his expenses accordingly. He will be aware what is going to be the coming year for him & his family..

 


By Pankaj Jha, Engineer, Octal Petrochemicals FZC, Oman  | 01 22 2010 13:49:09 +0000
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Soaring prices of a range of commodities like food, energy, metals have already generated a lot of heated debate around the world. Governments inability to do so is causing disaffection among the people. As the global economy goes toward growth as opposed to a recession, we are going to see further increases in commodity prices especially in this year. Govt has to rollback proper monetary policies and balanced stimulus packages this year as demand-led inflation is on the cards.


By Isha Verma, Sales/BD Manager, Larsen & Toubro  | 01 22 2010 06:07:30 +0000
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