Inflation means the rate at which the general level of prices for goods and services is rising, and, subsequently, purchasing power is falling. But going by the recent trends, it is no more the case. May be it is true for the general public of India but it is not exactly the same for a particular society of India. For them, as the inflation rises so does their income through various means viz. Coal, CWG, FDI in retail etc.etc. Ask this section of people and its policy makers about the daily price rise in our everyday consumable products and you will hear a monotonous reply that these are reforms and a must for the healthy economy of India. Every other anti people policy has resulted in a rise in stock index and that is being greeted unequivocally by a section of rich and corporates. For them, these are the economic reforms which must go on without even bothering about the ...view middle of the document...
Yes! We indeed are a banana republic but we are surely not a Mango people as the rising inflation has compelled us to deflate their future prospects in UP, Punjab and Goa.
The inflationary pressure is being felt by all and sundry. But then there is a positive side of inflation as well. When the prices were within the reach of the masses, people have started consuming more as if there is no tomorrow. As a result, the waist line of Mango people begun to rise, thereby inviting physical trouble for themselves. Rising waistline attracted the kind of guests like diabetes, sugar and high blood pressure. No amount of physical exercise, yoga and precautionary measures helped in eliminating those unwanted guests. Thankfully, inflation has struck us right when we needed it most. Those fat lines are now being reduced to frailing structure and now things have become so much better that even diabetes, high blood pressure and sugar will think twice to strike us. Now even X-ray is not required for the middle and poor class as they have lost so much weight that even their skeletons are visible by naked eyes and the credit goes largely to inflation.
Agreed, that the inflation has negative impact on the poor people of India but it has more benefic effect than the negative one. Inflationary pressure has resulted in low productivity and as we produced less we are consuming less. Poverty is getting eliminated as the poor are committing suicide. Milk. Bread and butter are going beyond our reach as they are the most potent force for generating obesity among masses. Thanks largely to inflation as these are now a days beyond our reach thereby deflating our ever increasing waistline. Deflation was a curse on poor and middle class as it resulted in developing bad eating habits. Thanks to inflation as it struck as right exactly where it benefited us. No more poor and hungry people, no more diabetics, no more growing waist line, no more eating disorders. “Dor nahi bas dor nahi, deflation ka dor nahi, Inflation hai rise main, na nazar rakh rice main”.