Wednesday, April 22, 2009

Kill the Cartels

Who has not been affected by the current price catastrophe? Why do politicians deceive people by saying that the current rise in prices is due to shortage?

Why does our honorable agriculture minister provoke North Indians against South Indians saying that the current rise in prices is due to South Indians consuming too much wheat & the North Indians consuming too much rice?

Why does Bush blame Indian middle class for the international hike in prices?

Why doesn’t the true picture come out?

This distressing inflation actually is not due to scarcity of goods, but is a comprehensible result of cartels becoming more and more active by the day. When five or six major corporations or dealers, who control 60-70 % of the market share, come together, they fix on the prices at will. Classic example to this is the Cement Manufacturers Association, which was the master mind behind the recent cement price escalations.

Why does the government give in to pressure from private players who flourish at the cost of common man’s blood?


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