It is not a mystery that since the UPA government has taken oath, inflation has been on the rise. It is not only with this Congress government, if we have a look at the history, this has been the case with each one of them. Can we infer something from this trend?
Well, as we try to decipher the code, the “aam aadmi” for whom the UPA government vouches for, has been again hit by the price-rise bug and this time around, it is the petrol prices, which has gone up by nearly Rs. 3.
This coupled with RBI’s decision to increase the rates to keep a check on the rising inflation would mean that the home and vehicle loans will become costlier, in turn burdening the common man even more.
I wonder how on earth, the UPA government will be able to contain this inflation and would want to give up on their flawed policies. If not is it time for UPA government to make way for a better and proficient government?
Source for Image: http://www.gev.com/2011/07/oil-prices-rise-up-again/