PRICES ARE SPIRALING.

 

 

Spiraling Prices and Common Man.

 

“Misery acquaints people with strange bed-fellows.”

 

Man Mohan Singh was then in the Planning Commission. 

It was in the year 1983. He was in the lawns of Circuit House.

I asked him.

 

I :- “Today the rupee is worth 22 paise, what happens when rupee will be zero?

He looked at me if it were the silliest question he was asked.

With his hand on his beard, and a cup of tea in the other, he replied.

 

Man Mohan: “Nothing happens.”  “The Unit will be two rupees.”

                     “It will be two rupees worth hundred paise and so on.”

He was unmoved with the falling of the unit of currency, the rupee.

Today the unit of currency is ten rupees worth a hundred paise.

The rulers do not bother. It is taken as a natural phenomenon.

 

The downfall of the unit of currency has taken a toll of the common man.

Sugar is sold at Rs.40.  In Morarji’s time it was Re1.75 a kg.

The Agriculture Minister is the Sugar King.

He is responsible for the rise in prices of agricultural commodities.

 

Food items are the basics for a population of a billion.

There is an all round increase of prices in all fields.

Government raises their hands in helplessness.

Then what for the government is if it can not address basic ill of the country?