Business Daily from THE HINDU group of publications Wednesday, Dec 13, 2006 ePaper |
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Opinion
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Letters Inflation worry
This is with reference to "Manufacturing, services fuel 9.2 pc growth in Q2," (Business Line, December 1). The Finance Minister has admitted that the `slightly higher inflation' is worrying. The Government must be aware that the prices of essential commodities have risen steeply in the past few months; prices of pulses, for instance, have recorded a 100 per cent rise. The spurt in prices could be because of forward trading. Unless the Government analyses the causes for the price rise and takes corrective steps, the trend will continue. Complacency should give place to caution and remedial steps. T. R. Anandan Coimbatore
Letters to the editor and contributions can be sent by e-mail to: bleditor@thehindu.co.in
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