The Hindu Business Line : Controlling price rise

Among the initiatives taken by the government to control price rise, no step has been taken to reduce perks, innumerable phone and electricity bills, and unnecessary domestic and foreign trips of the politicians under guise of servicing the people. All these expenses should be reduced to half. This step will also reduce the price rise to a large extent because all these financial facilities have increased the purchasing power at the cost of the common man.

Hansraj Bhat Mumbai

Taxing the poor

Inflation is now on a high. The worst hit are the senior citizens as they have limited earnings. One reason for high inflation is too much money in the hands of too many people. Perhaps, the government is at fault for levying multiple taxes on a single commodity. To reduce prices, all taxes must be removed from essential commodities to make them affordable for the poor.

Mahesh Kumar e-mail

Runaway inflation

The Government must ensure that the prices of essential commodities remain affordable for the aam aadmi . There is a conflicting situation — the food producers want high prices for their products while the consumers want to pay less. The rich can afford to buy food at any price. The poor cannot. It appears that the situation is similar to a runaway inflation — inflation breeding further inflation. Some attribute it to forward trading in the commodity market. There is a direct correlation between spread of cell phones and soaring inflation.

V. S. Venkatavaradan Salem

More Stories on : Letters | Economy

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Carbon credits and emissions

Food for thought — and action

Financial inclusion to overcome exclusions

Why IT sector has a lot of steam still

Towards responsible tourism

Black and poor?

Controlling price rise