What badly renders the common man's life challenging remains higher inflationary prices of various daily use necessities. Though there is a hue and cry over this menacing problem, every effort to ease this trouble does not come forcefully.
Even while our pocket power receives a lot of attention, price increases have made it a contentious issue more than ever. We also choose to ignore the inflationary trend of people becoming sidetracked by different foods in their private lives. We are frequently reminded of how tricky it is to live in the present by reports concerning market-money linkages.
According to an important report, India is cautiously buoyant about its economic growth. It is hoped that food inflation has been concocted to drop or decline in the forthcoming months owing to a bountiful summer crop.
Is it not conveying a rosy picture just to impress the common man? Yesterday, the retail price of an egg was Rs 15 for two only by the roadside shops. Indeed, egg prices have not fallen finally due to rising inflationary trends and the winter season. It also draws the bleak rise of a clear, severe situation for the common man.
The prices undoubtedly deserve our pungent attention sharply, but we are supposedly not enthusiastic enough to divert the limelight back onto this straightforward factor. We were so carefree that we went so far as to protrude from the waistline of our trousers, tomboyishly, with the sleeves rolled up to the elbows so that the average person would not be motivated to imitate their withered appearance.
Who can deny that it is not a clear case of rising prices? The retailers are really making hay while the daily minimum mercury oscillates as November is on the verge of completing all its days sooner. There is a decrease in daily temperature but an increase in the price graph.
The high cost of vegetables caused retail inflation to soar to a 14-month high in the last month. Will it slowly come down? No, not, never as cold storages somehow block the chance.
Reportedly, winter crop sowing and all productions are expected to increase with a promising monsoon, sufficient reservoir levels, and higher minimum support prices.
"Key food prices illustrated indications of restraint in early November, but geopolitical factors may still hold an adverse effect upon domestic inflation and supply chains," it was being said.
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