On a regular basis, now we have our Finance Minister P Chidambaram expressing his ‘Friday Fury’, I am talking about those Northward-bound inflation numbers.
For the media and the opposition, the government has become an easy target, thanks this issue.
But, what is the feedback from the ordinary man? I have seen very few reports on this interesting human side of the issue.
As per my experience, I have not seen any slump in that weekend shopping rush in departmental stores or malls. Have people reduced on their spending? Are they more cautious now? How’s the business doing for these stores and the malls?
Does it have anything to do with the recent string of box office failures?
Do these so-called upper middle class care a damn?
I think, I don’t have that complete picture yet, except those dreadful weekly numbers.
One last question also: Do prices fall when inflation is brought under control?
Showing posts with label inflation. Show all posts
Showing posts with label inflation. Show all posts
Tuesday, 27 May 2008
Thursday, 10 April 2008
Democracy Up for Auction
The tried and tested formula of wooing the voters with television and rice (food for thought and for stomache) is here again. The South Indian states, except Kerala, have been witnessing such gimmicks by politicians since a long time.
The last Tamil Nadu elections saw Chief Minister M Karunanidhi successfully experimenting it by pulling the crowd showing his dangling carrot – a colour TV. Now, the latest is from Karnataka Congress party, and the major attraction here is, yet again, television sets!
Free colour TVs and 25 kg of rice at Rs 2 for families living below the poverty line - that is what the Congress manifesto promises before the assembly elections in Karnataka, reports Rediff.com. (Don’t miss the comments on the message board also!)
(Any hidden marketing pact with our television set manufacturers, cable companies and DTH operators??)
Now let us wait and see how Congress’ main competitor in the state, BJP, betters the offer! I have ideas for BJP to wipe out Congress, but the proposition is bit costly. Tie up with the Tatas and offer a Nano....Congress will sink without a trace! Will that day (of the Nano) ever come?
The bargaining ground is open for players. Voters deserve a pat on their back for tolerating such ridicules on democracy.
The curses of being an entertainment-crazy region!
Will the blind-folded voters ever realise that they should actually be demanding an efficient running of the government machinery, and the well-being of the state and the country would naturally arrest our rising inflation levels?
The last Tamil Nadu elections saw Chief Minister M Karunanidhi successfully experimenting it by pulling the crowd showing his dangling carrot – a colour TV. Now, the latest is from Karnataka Congress party, and the major attraction here is, yet again, television sets!
Free colour TVs and 25 kg of rice at Rs 2 for families living below the poverty line - that is what the Congress manifesto promises before the assembly elections in Karnataka, reports Rediff.com. (Don’t miss the comments on the message board also!)
(Any hidden marketing pact with our television set manufacturers, cable companies and DTH operators??)
Now let us wait and see how Congress’ main competitor in the state, BJP, betters the offer! I have ideas for BJP to wipe out Congress, but the proposition is bit costly. Tie up with the Tatas and offer a Nano....Congress will sink without a trace! Will that day (of the Nano) ever come?
The bargaining ground is open for players. Voters deserve a pat on their back for tolerating such ridicules on democracy.
The curses of being an entertainment-crazy region!
Will the blind-folded voters ever realise that they should actually be demanding an efficient running of the government machinery, and the well-being of the state and the country would naturally arrest our rising inflation levels?
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