Onion Price

Every quarter government of India extends the time for inflation to come down or for relaxation in price rise. On the contrary prices have been going up and up, it may be in case of onion or rice or wheat or pulses or fuel or any eatable goods. Government has completely failed to check and monitor prices of essential commodities .It may be rather said that government has failed in all fronts in general and in prices of all commodities in particular.

In the name of reformation government has given unregulated freedom to trading community, to industrialists and to all service providers. This is why large scale hoarding and profit making have been taking place in all sphere of life and for all goods which are demanded by a large section of society and a handful of businessmen in every town are getting success all the time in raising the price of goods which are of common use as per their whims and fancies. These businessmen have support and backing of all administrative officers and Ministers.

Rich person who has capacity to hoard an item in huge quantity can artificially create crisis, generate demand and raise price to any extent. Administrative officers who are supposed to look into market movement and quality of goods are busy in minting money through illegal sources. Politicians are busy in vote bank politics and in accumulating wealth for next hundred elections and for their tens of coming generation. This is why only promises are made by Ministers, administrative officers and leaders of the country for control on prices or on matters of scams but in real field prices are always unbridled, corruption is invariably rising and in fact nothing is in control of the government , willingly or unwillingly. Level of corruption has gone up from a few lacs of Natwarlal in seventies to a few lac crores in 21st century.

Even the price of Gold and Silver has been going up and up only because of unprecedented purchases by rich persons of the country to get rid of several complication of keeping money in bank or in investing in shares or real estate. In our country ,commodities like potato, onion, rice, wheat, pulses may be costly and scarce commodity items .House, water and electricity may be scarce commodity but gold and silver may not be in shortage because these are sold through hundred of shops , banks, brokers, financial institutions, share market and all where . Sellers of gold silver, diamond and ornaments are more in a town than sellers of essential goods. This indicates widening gap between the riches and the poor.

Politicians like Manmohan Singh or Ahuliwalia or Pranab Mukherjee play in the hands of a few secretaries who provide data on inflations and who provide market reports. These high profile economists always talk of GDP growth which is calculated by adding activities of only rich people. GDP growth does not account for poverty of 95% of population of the country , GDP does not tell about purchasing capacity of the common men and GDP does not tell about whether price of any goods and services are reasonable or not. Ministers always talk of inflation but always fail to keep the same in reasonable limit. They have numerous excuses for their failures in achieving the desired target. They do not perform and find out excuses for their non performance very easily. Global recession, draught, flood, unfavouable monsoon, political disturbances, and failure of state governments etc are a few permanent excuses to save the skin of politicians from common men and media men.

Ministers and high rank officers wonder therefore in dreamland and always befool innocent citizens of the country. People are suffering continuously due to rising prices, increasing unemployment and unprecedented level of corruption. This is why for last two years prices have gone up by 100 to 500% and government appears completely helpless in controlling the same. In one week prices of onion gone up by 500% and in last five years of UPA rules prices of land and houses have gone up by 100 to 1000%
23.12.2010