Declining rice price signals victory in war on inflation - Instablogs
Declining rice price signals victory in war on inflation
Neha , chandigarh: Apr 6 2008
India :
MUMBAI: Despite a record jump in global rice prices, rates in India will be stable with the government taking all possible measures to virtually insulate itself from global fluctuations in the commodity. Prices in the Indian market have started falling,...
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Tags: Rice, Rice prises, , Business
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Jayaprashanth
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Jayaprashanth jayprashanth.blogspo.. Apr 6 2008
bangalore, India
These are short term populist measures of reining in the prices to make sure that this doesn’t become a bone of contention for the opposition parties’ campaign during elections. Anyway the government is doing something, we can only hope that these prices last.
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Neha
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Neha No Apr 6 2008
chandigarh, India
Thanks for dicussing your view Jayprashanth. Government may have done this so that it benefits them further in election, but for the time being, it went in the favor of people..and yea hopefully these prices remain stable. For me its important, as im a big fan of rice..he he..[:)]
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