So are you saying that India should revert back to the days of even greater government controls? If anything, it is the very lack of continued economic liberalization that is in part contributing to this inflation. Some 40% of India's produce gets ruined even before it reaches the market place. India's food processing and logistics need to be opened up to the free market. Right now, international multi-brand stores are banned from entering the Indian market. Without that, there is not going to be any best of practices expertise and implementation in food processing and logistics management.
The leftists and congress are reluctant to implement these reforms because it would go against the interests of a large chunk of their vote banks - the mom and pop retail vendors. However, the benefits to society would be huge. There would be significant increases in income in India's rural hinterland which could potentially slow down the crazy rush towards urbanization. Furthermore, the reduction in waste would serve to keep prices in check. Abusive big government tyranny is the biggest threat to its people. Marlon ________________________________ From: soter <[email protected]> To: [email protected] Sent: Wed, January 12, 2011 3:00:24 AM Subject: [Goanet] Rahul's misfired price blame Rahul Gandhi now seems confused over the rising food prices. Blaming it on the allies in government is not a mature political statement. The faster he realises that the country is paying for the disastrous adventures of the economist troika of Montek Singh Ahluwalia, Manmohan Singh and PC Chidambaram, the better will it be for the nation. The mad rush to become an economic super power is only going to contribute to a breakdown of peace in this country. This has already been predicted by Mahatma Gandhi when he said; "A day will come when they will exclaim, 'What have we been doing?' One after another many civilisations have risen, flourished, declined and disappeared. And inspite of their big boast of human progress, I am invited to ask; To what end all this? What's the purpose?" -Soter D'Souza
