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Alarming Inflation Rate in India: Impact on the people !!!
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Alarming, Inflation, Rate, India, Impact, people, Growth, country, consumer, Price, economy, food, policy, monetary, industry, recovery
Industry :
Consumer Durables, FMCG/Foods/Beverage
Functional Area : India, Growth |
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About "Alarming Inflation Rate in India: Impact on the people !!!" topic:
India
inflation rate stands at 13.51 percent year-over-year under the most
well known measures of Consumer Price index (CPI) which measures
consumer prices, and the GDP deflator, in the whole of the domestic
economy. Wholesale price index (WPI) rose 7.3 per cent in December
from a year earlier, driven by a near 20 per cent jump in food prices
after severe weather hit crops across the country.
The
third quarter review of the monetary policy is schedule for January
29. The Reserve Bank of India (RBI) will review the various economic
parameters such as inflation, liquidity, economic growth, industrial
growth, fund inflows etc and make the necessary changes to its key
policy levers - repo rate, reverse repo rate, cash reserve ratio
(CRR) etc.
With
all the concerns and impact on the people of India, in this topic, we
shall discuss on the alarming inflation rate in India - its
perception & reality, how to tackle it, and also its impact on
India's economic recovery....
14 debates
, 3 idea contests
, 1 question
on topic: "Alarming Inflation Rate in India: Impact on the people !!!"
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(rate this)
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Yes
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41
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VS |
43
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No
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ABHIJIT KULKARNI
| Argues in support of
"No"
| 4 months ago
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Price rise is not linked with developement at all but its due to poor control and transperencies at all levels Government has constructed airports, super highways, Sea links , fly overs etc but have you ever gave a thought for whom? it not for...
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Reni sebastian
| Argues in support of
"Yes"
| 2 years ago
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Yes the development policy is changed recently.. The congress ministry mainly aims to develop the service sectors like information technology,communication sector etc. During the last 10 or 15 years the five year planning does not giving...
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Leena Khade
| Argues in support of
"Yes"
| 2 years ago
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I think in the name of development the government is looting pubilic, I mean the rich can anyhow survive this price rise, and for the poor they have ration system, but what about the middle class of India, dal is 90/kilo, sugar 50/kilo, and...
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Debate: "Is Development making the Price rise inevitable?" deleted from your view.
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(rate this)
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Yes
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26
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VS |
7
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No
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Saquib Alam
| Argues in support of
"Yes"
| 4 months ago
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To control inflation first of all we have to control corruption. If our country succeeds in controlling corruption then certainly we can curb inflation
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john kanard
| Argues in support of
"No"
| 2 years ago
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...Ouch ! Australia's inflation rate is a little less than 3%, so India is considerably worse off and given the world's financial woes are well and truly not resolved, I anticipate the 'NO's' will have it sooner rather than later.
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ramamurtymanne
| Argues in support of
"Yes"
| 2 years ago
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IF OUR COUNTRY CAN REMOVE CORRUPTION AND POLITICAL INTUPTIONS.
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Debate: "Will India be able to control Inflation?" deleted from your view.
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(rate this)
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1
All of the above and more
2
corruption
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Ravindra Sharma
| Supported idea
"corruption"
| 1 year ago
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One hundred person pure corruption and hoarding. farmer is committing suicides, manufacturer is unhappy the only person happy is middleman who takes the biggest share without effort.
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Shailena Varma
| Supported idea
"commodity trading"
| 2 years ago
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Hi mani, good idea. I support you. The commodities play a vital role in inflation. The commodity trading as you said is the major reason for this inflation. We should try to control it or else it will be increasing in the future. So the...
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Ideate: "What could be the reasons for inflation in India now?" deleted from your view.
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(rate this)
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1
Interest rates
2
yashpal.lather
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AMISH
| Added idea
"Interest rates"
| 5 months ago
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I believe with the current recessionary trend in the world, but given the stimulus that Obama has announced to the job scenario, it should be enough to bring in fresh hopes and pull the world economies out of the trend. And this will require more...
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Yashpal lather
| Added idea
"yashpal.lather"
| 2 years ago
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to circulate money its right time for this n to overcome the inflation
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Ideate: "Is it the right time to cut interest rates? " deleted from your view.
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(rate this)
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true
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1
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VS |
0
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false
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prashant adhav
| Argues in support of
"true"
| 1 year ago
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visit www.inflation.blogoaks.com
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Debate: "inflation in india" deleted from your view.
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(rate this)
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poor monsoon
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4
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VS |
3
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improper concentration of government
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Brajesh Mishra
| Argues in support of
"poor monsoon "
| 1 year ago
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It is also the result of "lACK OF PREVENTIVE MEASURES"by the Government.
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Jitender Kumar
| Argues in support of
"improper concentration of government "
| 1 year ago
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Food inflation is due to improper concentration of government because government lacks futuristic outlook. As there are forecast from concern dept. regarding monsoons , its the government which fails to make a operational plan to tackle food...
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Debate: "Food Inflation" deleted from your view.
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(rate this)
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Yes
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6
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VS |
8
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No
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s.baalu
| Argues in support of
"Yes"
| 1 year ago
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DOES OUR ECONOMIC GROWTH HELP US IN ANYWAY WHEN RATE OF INFLATION KEEPS ON GROWING?
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Padmanabhan R
| Argues in support of
"No"
| 1 year ago
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Due consideration should be given to supply side factors. Agriculture in India has been a perfect example for productivity disaster. Strong steps should be taken against ineffective or fraudulent distribution and marketing and any action to fix...
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Swati Raut
| Argues in support of
"No"
| 1 year ago
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Not at all, No bank has any right to tighten monetary policy to curb inflation, at the cost of economic growth. It is completely unethical. Rather, Investors should limit their exposure to companies that have high exposure to cross currency...
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Debate: "Should the RBI tighten monetary policy to curb inflation, at the cost of economic growth? " deleted from your view.
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(rate this)
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Is our government doing enough and in right direction?
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2
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VS |
0
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Governemnt has failed on all fronts and our lifestyles have add
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Vipin Bhasin
| Argues in support of
"Is our government doing enough and in right direction?"
| 1 year ago
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Mr. Sachin what do you want to ask here? Inflation depends on various factors. Main factor is economic growth which we can see in India at present scenario. But it effect on low income group or poor people. one of the reason of its starting is...
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Debate: "Inflation causes and remedies by government" deleted from your view.
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(rate this)
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Yes
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6
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VS |
11
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No
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Ankur Kharolia
| Argues in support of
"Yes"
| 1 month ago
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Mr. Praveen That's just too sad of us to follow what a US official believed to be the reason for the increase in prices of the basic food commodity. (that Indians have started to consume more) The three reasons as popped by your intellect in no...
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Rahul Mishra
| Argues in support of
"No"
| 5 months ago
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Continuing the Praveen argument, I wish to add that our PDS is in tatters. Food assigned to it goes to the traders and black marketers. Also the BPL families whom PDS aims to support neither have money to buy ration in one go neither they have...
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Suhail ali
| Argues in support of
"No"
| 1 year ago
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eventhough strong and efficient PDS will help to provide food to many people, that is not the only way out there...about 70% of our land is under agriculture and it contributes only very less to the economy.this state has to change.indian...
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Debate: "Is universal Public distribution system(PDS), the only way to beat hunger and tackle price spiral? " deleted from your view.
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(rate this)
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Yes
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13
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VS |
14
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No
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Saquib Alam
| Argues in support of
"Yes"
| 4 months ago
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I agree with it to certain extent. As today there is a concept of nuclear family. Per capita income is now app.Rs.50000 per annum which I think might be one of the reason. But poor performance of our economists is also a reason for such a level of...
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NAGARAJAN B
| Argues in support of
"No"
| 2 years ago
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Rashmi, The implementation of economic policies are always aimed at increasing the purchasing power of the people thus increasing Gross Per Capita income. The increase in purchase power stimulate demand and helps the industries to improve the...
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NAGARAJAN B
| Argues in support of
"No"
| 2 years ago
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Sharad Pawar, is trying to become an economist and the argument put forward to justify the price-rise is hilarious. Fortunately, he was addressing this to his own party people and hence there was no challenge. The price of food articles largely...
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Debate: "Has people's purchasing power fuelled price rise?" deleted from your view.
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Why ca n’t we contain Inflation which other developed nations find it easier to do? Inflation is the general rise in price levels. It is matter of previlages and authority that is mismatched that lead to loss in value of the currency which had been our problem for long where our currency now is so undervalued and is loosing it as a pattern for long time. It all emerges, let us forget about the standard routes of raising rates or restricting money supply or even creating autostabilizers there is a fundamental reason why we have inflation far beyond what may be required by our growth and employment. Suppose if one get an electric connection, one need to also buy an inverter to get sustained power. If one need to buy a car one need to also spend on extra demand of services every half year. If one need to go to an office to get anything now(not now I presume) one need to spend extra income to get it to functional levels. So on and so forth goes the extra income required to meet the...
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