The rising food items inflation is no more under control of congress led UPA govt. The current food items inflation is 16%......the planning commission clearly says that for indian society more than 5-6% inflation creates trouble for poor section. Imagine the situation, when inflation is 16%?
Although the RBI's move regarding arresting the rising inflation rate is welcomed but without the support of leading govt its continuously becoming the biggest problem for indian market.
Production of pulses has registered rise and the Government has also imported pulses; however still the price of the commodity continues to be high. The hoarders have stocked the pulses and are not allowing its price to come down.
The prices of essential commodities had gone up two years back and the Government's ineffectiveness in improving the situation proves its failure.
The govt should put more attention towards the plight of farmers & poor section of society to ease the prices.
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