Monday, 7 November 2011

India, a land of gluttons!

This is the season of ridicule.

PM says inflation is a sign of development and high food inflation is due to increase in yhe prices of egg,milk and meat, rather than foodgrain. His claim is that rural india is eating more healthy food. If that were true how is it that the latest figures show 76% of indians malnutritioned? All the indices of poverty are on the rise.

The PM who rarely opens his mouth on any issue-major or minor- waxed eloquent on the need for hiking petroleum prices and warned of hikes of other petroleum products. While conceding that there could be under recovery for oil companies which justifies the hike, why hasn't the government not taken the decision to forego its share of the additional revenue by way of taxes? More than 50 % of the petrol price are taxes. This gives lie to the government claim and inrentions. And the PM did not even have the guts to make the statement while in india. He gave the conference when he was abroad, giving lectures as tohow IMF, set up to support developing economies, should bail out rich european countries, who are in a debt trap because of overspending! He really is one rotten economist.

Our FM,Pranabda, doesnt concur with his boss. His take is that the food inflation is high because of the festive season, as if festivals are here for the first time in india's history.

He, PM and Montek Singh all want us to believe that indians are swallowing food by buckets leading to food inflation!

When was the last time any of them visited rural or semiurban india? If they had, instead of sitting in the ivory towers of Delhi, they would realize why everyone in this country have nothing but contempt for them.

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