Build your professional network on facebook via our app Go to app
 
 
 

Alarming Inflation Rate in India: Impact on the people !!!

Tags : 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
Share
 
 
 
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 , 4 idea contests , 1 question on topic: "Alarming Inflation Rate in India: Impact on the people !!!"
Start a new discussion on the topic ...
 
  •  
  •  
  •  
  •  
Start Debate
 
(rate this)
Yes 
41
VS
43
 No
ABHIJIT KULKARNI  |  Argues in support of  "No"  |  7 months ago
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...
Reni sebastian  |  Argues in support of  "Yes"  |  2 years ago
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...
Leena Khade  |  Argues in support of  "Yes"  |  2 years ago
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...
 support: 
 
 
Debate: "Is Development making the Price rise inevitable?" deleted from your view.
Undo
 
(rate this)
Yes 
26
VS
7
 No
Saquib Alam  |  Argues in support of  "Yes"  |  7 months ago
To control inflation first of all we have to control corruption. If our country succeeds in controlling corruption then certainly we can curb inflation
john kanard  |  Argues in support of  "No"  |  2 years ago
...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.  
ramamurtymanne  |  Argues in support of  "Yes"  |  2 years ago
IF OUR COUNTRY CAN REMOVE CORRUPTION AND POLITICAL INTUPTIONS.
 support: 
 
 
Debate: "Will India be able to control Inflation?" deleted from your view.
Undo
 
(rate this)
1 All of the above and more
2 corruption
Ravindra Sharma  |  Supported idea  "corruption"  |  1 year ago
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.
Shailena Varma  |  Supported idea  "commodity trading"  |  2 years ago
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...
 
 
Ideate: "What could be the reasons for inflation in India now?" deleted from your view.
Undo
 
(rate this)
1 Interest rates
2 yashpal.lather
AMISH  |  Added idea  "Interest rates"  |  8 months ago
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...
Yashpal lather  |  Added idea  "yashpal.lather"  |  2 years ago
to circulate money its right time for this n to overcome the inflation
 
 
Ideate: "Is it the right time to cut interest rates? " deleted from your view.
Undo
 
(rate this)
Yes 
7
VS
2
 No
SHRIKANT MANOHAR DANKE  |  Argues in support of  "Yes"  |  7 months ago
I support your views , Pragati. Common man is not interested in such surveys / calculations always look for economical pricing.
Vinoy Scaria James  |  Argues in support of  "No"  |  7 months ago
If Economics was such a simple science, mankind would have sorted out the financial problems long back. As we get more and more integrated as a economy it is going to get further complicated. We just got to learn with it. Inflation has both...
pragati parihar  |  Argues in support of  "Yes"  |  7 months ago
What he wants reasonable price and not made to pay a higher price for the same item every next time he goes to market.
 support: 
 
 
Debate: "Measures of Inflation" deleted from your view.
Undo
 
(rate this)
true 
1
VS
0
 false
prashant adhav  |  Argues in support of  "true"  |  1 year ago
visit www.inflation.blogoaks.com
 support: 
 
 
Debate: "inflation in india" deleted from your view.
Undo
 
(rate this)
poor monsoon  
4
VS
3
 improper concentration of government
Brajesh Mishra  |  Argues in support of  "poor monsoon "  |  1 year ago
It is also the result of "lACK OF PREVENTIVE MEASURES"by the Government.
Jitender Kumar  |  Argues in support of  "improper concentration of government "  |  1 year ago
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...
 support: 
 
 
Debate: "Food Inflation" deleted from your view.
Undo
 
(rate this)
Yes 
6
VS
8
 No
s.baalu  |  Argues in support of  "Yes"  |  1 year ago
DOES OUR ECONOMIC GROWTH HELP US IN ANYWAY WHEN  RATE OF INFLATION KEEPS ON GROWING?
Padmanabhan R  |  Argues in support of  "No"  |  1 year ago
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...
Swati Raut  |  Argues in support of  "No"  |  1 year ago
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...
 support: 
 
 
Debate: "Should the RBI tighten monetary policy to curb inflation, at the cost of economic growth? " deleted from your view.
Undo
 
(rate this)
Is our government doing enough and in right direction? 
2
VS
0
 Governemnt has failed on all fronts and our lifestyles have add
Vipin Bhasin  |  Argues in support of  "Is our government doing enough and in right direction?"  |  1 year ago
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...
 support: 
 
 
Debate: "Inflation causes and remedies by government" deleted from your view.
Undo
 
(rate this)
Yes 
6
VS
11
 No
Ankur Kharolia  |  Argues in support of  "Yes"  |  5 months ago
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...
Rahul Mishra  |  Argues in support of  "No"  |  8 months ago
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...
Suhail ali  |  Argues in support of  "No"  |  2 years ago
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...
 support: 
 
 
Debate: "Is universal Public distribution system(PDS), the only way to beat hunger and tackle price spiral? " deleted from your view.
Undo
 
Other knowledge matching "Alarming Inflation Rate in India: Impact on the people !!!" topic
Activity: 1 referals , 1 comments, 20 views  
Recovery of its due has been a hectic exercise for the Banks in the absence of a special legislation. ‘Non-performing Assets’ were growing and a need was felt to reduce the ‘Non-performing Assets’ of the Banks drastically. As the recovery through Courts was a difficult exercise for the Banks, initially, a special legislation called ‘The Recovery of Debts due to Banks and Financial Institutions Act, 1993’ was enacted creating a Special Tribunal called ‘Debt Recovery Tribunal’. Under the Act, the Banks are entitled to approach the Tribunal by filing an ‘Original Application’ which is similar to filing a suit in Civil Court proceedings. However, unlike the ‘Civil Court’ which is supposed to follow the ‘Civil Procedure Code’, a special and simple procedure has been prescribed under ‘The Recovery of Debts due to Banks and Financial Institutions Act, 1993’. At the end of adjudication, the Tribunal is supposed to grant a certificate called ‘Recovery Certificate’ infavour of the Bank...
Leading executive search firm for Investment Bankers
 
Recent Knowledge in Topic (6)
Since we are moving from proletarian economic environment to free market economics, the way we...
 
204 referals 1 votes, 0 views
Union agriculture minister and NCP chief Sharad Pawar on Sunday linked the price rise to the...
 
594 referals 19 arguments, 275 views
Yes it will vs May / May not be
 
195 referals 7 arguments, 310 views
more...  
Similar Topics
Inflation in India touches 10.16% recently and this inflations spreads its...
1 insight , 4 debates , 1 idea contests  
This topic discuss about the impact of the inflation
1 insight , 1 debates  
One, keep raising interest rates gradually keeping in mind the risks to a...
1 insight , 2 debates , 2 idea contests  
Increasing interest rates on loans, Increasing inflation, increasing rate of...
8 debates , 1 idea contests , 1 question  
Views opinions regarding the Budget. Should tax limit be increased? Should...
1 insight , 1 idea contests