Thursday, January 6, 2011

Economis of price rise

All problems of this country can be solved only when people's representatives are not corrupt. But it is bad luck that most of them are corrupt and not honest and serious to their duty. People of India have been making hue and cry for such a long period, media men are crying on TV channels, uproar in Parliament took place, opposition parties took out rally and demonstrated before Parliament, but nothing precipitated. Rather prices are going up and up. Prices are beyond the control of the government; this is the statement of Home Minister Mr.P. Chidambaram. Finance Minister Mr. Mukherjee is waiting for monthly food grain inflationary data and our learned economist and clean Prime Minister always makes false promise to look into the problem of price rise and extend its time period for achieving the actual outcome of his efforts. Ministers make false promises to contain corruption and do not hesitate to make false promises to solve the problem, but unfortunately always fail to achieve the goal. Manmohan Singh and his team hesitate to admit the truth that reformation policy launched in the year 1991 has produced disastrous results during last 20 years.

As a matter of fact government at Delhi and Ministers in particular are not at all striking at the root cause of price rise which is hoarding and black-marketing. Ministers are playing the game of GDP growth or dancing with figure of Inflationary data or making lame excuse of global rise in price rise. Now even Mr. Chidambaram has accepted this malady and expressed the feeling that the government is not in a position to check price rise.

It is not astonishing because price rise under Congress Party regime is not unusual or uncommon or unexpected. Most of the congress people are sitting n Food grain Mandi and it is they who hoard the commodity and then sell the same at whimsically higher price. Congress Party members collect donations from all Mandi house, all big businessmen and all traders and hence Congress Party ministers or members cannot stop the dirty and painful activity of price rise willfully undertaken by wholesalers and hoarderers.When all are corrupt, it is difficult to imagine any remedy to price rise problem or solution for any problem India is facing

One and only solution to handle rampant corruption is to activate judiciary and police department to ensure action against all evil doers, all corrupt person and all criminal within a period of maximum 3 months. For this purpose judiciary will have to be fully computerized and at least one lac staff including at least twenty five thousand judges must be recruited, all possible infrastructures should be provided to make judiciary effective and vibrant. No interference from politicians and social workers should be tolerated .This is possible only when ruling party is honest and serious in their job. Unfortunately they all are corrupt and hence they cannot make judiciary stronger. As such it is foolish to dream of any solution until there is mass upsurge, violent movement and public revolt against all politicians.

07.01.2011