The assurances now and then by the Prime Minister, Finance Minister and Deputy Chairman Planning Commission that the prices of essential commodities will come down has no relevance at all. it is only a very casual remark to console the people. The government is not prepared to take any action to control prices. It is completely left to the market forces, who want to increase the prices so tha they will get more and more profit. In August 2011, it has increased to 10.05%. The increase for all – vegetables, fruits, meat etc.
This is more than 15% of the same period last year. The increase in the price of onion in one year is more than 57%, for vegetables 15.78% and for fruits 21.58%.
The price increase has badly affected, especially the BPL families as well as the low-paid employees. Unless there is strong opposition and agitation, the central government is not going to take any action in the matter. Let us think over and go in to some action against the rocketting prices.