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WHAT DO U THINK IS THE MAIN REASON FOR HIGH INFLATION RATE
jigar pobari
Jigar Pobari
Last Year indian Government overlooked trading in pulses. I see that as one the reasosn for Inflation rate to be high.
jigar
jigar
jigar pobari
Jigar Pobari
Last Year indian Government overlooked trading in pulses. I see that as one the reasosn for Inflation rate to be high.
jigar
jigar
greatdude10
Par 100 posts (V.I.P)
High commodity prices as a result of the inefficiencies prevalent in manufacturing processes & distribution processes
ramsharma88888
Ram Sharma
crue prices, increasing population , reduction of cultivabl and no politicable land ,all said and done no foresight hoarding ,greedy politicans and no political will for proper management contribute greatly to it.
sachinchavan
New member
Bad policies & black marketeering by middlemen.
high inflation in india can be contributed to several factors like:
sixth pay commission which increased the spending power of public. this lead to people paying more for goods as they were now able to do so coz of large money in their hand.
drought last year lead to decrease in supply of consumer goods, thereby increasing the food prices. also the rise in global food prices is one of the reasons.
Following a decline in sugar cane production in 2007-08, domestic sugar production declined by 2 mt in 2008-09 over the previous year. Surprisingly, despite this production decline, sugar exports increased sharply in 2008-09. The decline in production along with larger exports reduced domestic availability, which fueled inflation.
sixth pay commission which increased the spending power of public. this lead to people paying more for goods as they were now able to do so coz of large money in their hand.
drought last year lead to decrease in supply of consumer goods, thereby increasing the food prices. also the rise in global food prices is one of the reasons.
Following a decline in sugar cane production in 2007-08, domestic sugar production declined by 2 mt in 2008-09 over the previous year. Surprisingly, despite this production decline, sugar exports increased sharply in 2008-09. The decline in production along with larger exports reduced domestic availability, which fueled inflation.