Price Rise

PRICE-RISE This is one event in which I do not have to think in the lead writing an article. The recent bell rise in the essential commodities has abide the common land man where it hurts the most. The prices of onion , tomatoes, pulses have skyrocketed which adds flavor to the otherwise figure lifestyle of below average Indian. The above republicment is a badinage in itself, but its necessary to show the grave situation which the natural citizens of this country be facing in the average time.The prices of pulses which is nearly a staple diet for most of the country has risen to a coarse extent from the last 2 years. This may be due to slight(prenominal) area under mathematical product for pulses in country or less per hectare yield of pulses or growth in demand. But the apathy is that at that place is no supportive government policy which could have helped India to raise the pulses production by giving to a greater extent incentives to the farmers growing pulses, red ucing loses to the intermediaries.One more advance of higher pulses production is it takes less of nitrogenous fertilizers and is essential for regular stubble rice fields. The prices of onion has risen nearly 300% or more in the last month. The first soil is inefficient government policy which do not foresee demand supply situations, since onions are spoilable quantities. The recent unseasonal rains in Nasik area has destroyed 10% of the crops, but compose the quantum of price rise cannot be substantiated. The major culprit here is no control over the last leg of supply filament i. retailers , they are having the profit margin of more than 50% . They are speculating on the wanting(p) supply and holding the common man on ransom. Moreover in India expert was stopped at a much later lay out , which led to the spike in prices for the first instance. The rest and the last reason which is common to all, I would discuss in the later part of the article. at that place is another fa ctor which is at play in high lump ordains across the commodities and it is ever increasing rates of petrol and diesel.The common plea given by the government to the people of India during every rate increase is rising international crude prices, But they should first issue why there is double taxation by center and state on sale of petrol and diesel. My first question to the respective governments is why cannot these duties be reduced, so that atleast the transportation cost for the common commodities is reduced. Now permit us come to the contentious issue which is common to all the commodities price rise and bone of contention between the government and opposition parties that is prior concern.Now some people will criticize me of knowing very pocket-sized of the commodity trading, but my only point is why do you admit speculative trading on the essential commodities, when you could have such trading on nearly each and every finance vehicle exchangeable equity shares, curr ency exchanges etc. The forward trading increases the speculation in markets and people who are really not in the supply chain of these commodities get into it and unnecessarily disrupts the chain leading to disparity in normal price mechanism of these commodities.Similarly prices of milk and other commodities could be discussed singly, but I just want to make a point that a conjunctive serious action is required for dealing the situation as it is painfulness the foundation of common man economics in India. All the implements of war of government machinery, NGOs, common man should make an effort to discuss this puzzle and devise solutions which are practical and pragmatic in nature. Well I am doing my part by writing and publishing this article on net, so that our online community is more educated on the topic which is unwarranted in India currently.