Friday, June 18, 2010

Inflation In India Crosses Double Figures

From 9.59% in the month of April 2010, the Inflationary Trend in India touched 10.16% in May 2010.The Economists are of the opinion that the rising foodstuff & metal prices account for this upward trend. The Deputy Chairman of the Planning Commission, Mr. Montek Singh Alhuwalia remarked that the Reserve Bank of India should take steps to curb the rising inflationary trend.

The price of foodstuffs increased 16.49% in the month of May 2010.The price of wooden articles increased due to an increase in the price of commercial plywood. The prices of metals increased by 3.4%, stainless steel by 26%, steel plates & strips by 14%. The price of tea increased by 21%.

On 27.07.2010, the RBI will publish the monetary Policy Report. In that the RBI may state the measures to be taken to curb rising inflationary trends. In April 2010, the Industrial Products increased by 17.6%. Mr C.Rangarajan, Chairman of the Financial Advisory Committee to the Prime Minister, commented last week that the RBI should keep an eye on the rising inflationary trends and should not be content with the rising Industrial Products.Mr. Alhuwalia remarked that he fully agrees with Mr. Rangarajan.Mr. Alhuwalia further remarked that at the close of the year the inflationary trend would come down. The Prime Minister Mr. Manmohan Singh is also of the opinion that the inflationary trend will touch 5%-6% towards the close of the year. Mr. Kaushik Basu, Chief Financial Advisor to the Govt. of India, feels that, if the prices of Fuel are kept out of the Government Regulation, the inflationary trend will at first be on the rise but will come down within 6 months.

Contributed By:
Prof. Jayanta Mitra
(Globsyn Business School)

23 comments:

郁雯 said...

愛情是一種發明,需要不斷改良。只是,這種發明和其他發明不一樣,它沒有專利權,隨時會被人搶走。..................................................................

洪筱婷 said...

果然很有意思呀....這當然要頂一頂呀.................................................................

林怡洋 said...

知識可以傳授,智慧卻不行。每個人必須成為他自己。......................................................................

志穎志穎 said...

所有的資產,在不被諒解時,都成了負債....................................................................

郁雯郁雯 said...

成熟,就是有能力適應生活中的模糊。.................................................................

吳婷婷 said...

人生是故事的創造與遺忘。............................................................

JasonBirk佳琪 said...

當一個人內心能容納兩樣相互衝突的東西,這個人便開始變得有價值了。............................................................

ju吳phe宇te佳ns said...

文章雖然普通,但意義卻很大~~^^~~ ..................................................................

文郭ss華賴ss添卉顏俊s任 said...

下次再來希望可以看到新的作品喔。............................................................

韋志韋志 said...

你所貫徹的形象,你喜愛它有多少百分比,你就幸福多少百分比................................................

佳皓佳皓 said...

相見亦無事,不來常思君..................................................................

淑慧 said...

人必須心懷希望,才會活的快樂,日子才過得充實,有意義,有朝氣,有信心。............................................................

童祖如童祖如 said...

良好的開端,已是成功的一半。.......................................................

鄭雅雯 said...

來看你囉~加油~~!!............................................................

吳許芝蓮佩儒 said...

快樂,是享受工作過程的結果............................................................

姜鴻林奕宏琬 said...

要在憂患恥辱的環境裡,創造我們自力更生的新生活。..................................................

黃子黃麗旺軒 said...

與朋友在一起,分擔的痛苦是減半的痛苦,分享的快樂是加倍的快樂。......................................................................

淑昆珍昆珍君 said...

累死了…來去看看文章轉換心情~............................................................

冠陳儒 said...

做些小善事,說些愛的字句,世界更快樂。..................................................

文滢 said...

上班好累哦,看看部落格轉換心情~~~先謝謝啦!!............................................................

阿袁袁袁袁華 said...

一個人的際遇在第一次總是最深刻的,有時候甚至會讓人的心變成永遠的絕緣。......................................................................

群育航學 said...

Learning makes life sweet.......................................................................

黃英吳思潔吳思潔邦 said...

支持你!!!期待你的更新!!!相信一定會更好!!!!..................................................................