Will the Congress Govt bring down the inflation?

D

deepakraam

Deepak Narayanan
As of now,Congress' nightmare is "Inflation".Almost the political parties are using this against the congress.At the beginnning of the 2008 inflation was below 4% but currently it stands @ 6.67%.All essential commodities prices were up by 6-7%.Petrol prices were raised 8th time since the Congress Govt took charge.Left parties are putting a point to curb all the futures trading on commodities.RBI was continously saying about containing inflation below 5% was nt able to do so.Govt has already scrapped the import duty on cement and steel but still inflation reigns.If RBI has to contain inflation it has to increase the interest rates of the banks.But when most of the global banks are reducing the rates, RBI should move in the opposite direction.Will this happen?

So will the current Govt contain inflation?Pour your thoughts

-Deepak.
 
well govt are too flexible it doesnt seems that promise can be done hence whether it is bjp or cong inflation cant control by them . the revolution should be made bycommon man in order to control it.
 
i think they will have no other option to try their best to bring the inflation down if they want another 5 year term :) Mr. Chidambaram and Manmohan Singh both are very intelligent ppl, they can find out the ways to bring it down
 
CONGRESS CANNOT DO MUCH ABOUT INFLATION AND NOW WE HAVE GLOBAL OIL PRICES AT AN ALL TOME HIGH.NOTHING MUSH CAN BE DONE TO STOP INFLATION ALTHOUGH SOME MEASURES CAN HELP
 
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