PRICE RISE AND CONTROL MEASURES AAM ADMIS PERSPECTIVE
Govt. of
The next thing govt. can do is to strengthening PDS system. The food and vegetable prices sky rocketing now. The hoarders, and market manipulators are responsible. The sudden growth of big retail chain across
At this circumstance what the govt. can do now is to import commodities from neighbouring countries and supply through PDS and other distribution system. Big traders and big retailers should be allowed to stock maximum 7 days stock only in their godowns and shops. Rest of them confiscated and release to market. The people who engaged in speculation and hoarding will immediately release the goods to the market if the govt. remove import duty and reduce domestic taxes to the goods supplied through Sahakari Bhandars and other recognized govt. agencies. Railway must reduce the freight charges and ensure maximum availability of wagons/ goods train to supply essential commodities across the country and railway can play a pivotal role in controlling inflation. The rise in transportation and other taxes and frequent disruption in transport services are on of the cited in high inflation.
Of late, govt. must understand that opening up of Retail sector, essential goods and commodity market left to market forces is the great mistake on the part of Central Govt.
In cement, steel, chemical, pharmaceutical and oil sectors both in
In the above sector, govt. should provide tax holidays for both domestic and multinational companies to set up business in
When manufacturing sector showing more than 8% GDP growth,
If the govt. failed to address all this issue, instead of making a polished act dont reap any benefit and the ground reality not going to change. All sections of the society badly affect their monthly budget while their income also not arose. There is complete failure in governance, and law and order problem which affecting the performance of the govt. The bureaucracy and police force is not better controlled by UPA and UPA ruled states. There is lack of discipline and accountability.
Until now the govt. is clueless and dont know what to do to tide over the price rise issue and I believe in the next election, it will be an election issue. UPA facing the similar problem what NDA faced 4 years before. UPA tried to waive off farmers loan which is not going to much benefit the UPA. The price rise is overshadowed and at present UPAs only advantage is disunited, infighting and strong opposition. UPA still training due to above fact and urgent control measures to be taken up instead of making a cosmetic act. If there is a will, there is a way. The clock is ticking. Act now.