Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]Code Context
trigger_error($message, E_USER_DEPRECATED);
}
$message = 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.' $stackFrame = (int) 1 $trace = [ (int) 0 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ServerRequest.php', 'line' => (int) 2421, 'function' => 'deprecationWarning', 'args' => [ (int) 0 => 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead.' ] ], (int) 1 => [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 73, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) {}, 'type' => '->', 'args' => [ (int) 0 => 'catslug' ] ], (int) 2 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Controller/Controller.php', 'line' => (int) 610, 'function' => 'printArticle', 'class' => 'App\Controller\ArtileDetailController', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 3 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 120, 'function' => 'invokeAction', 'class' => 'Cake\Controller\Controller', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 4 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 94, 'function' => '_invoke', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(App\Controller\ArtileDetailController) {} ] ], (int) 5 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/BaseApplication.php', 'line' => (int) 235, 'function' => 'dispatch', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 6 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Http\BaseApplication', 'object' => object(App\Application) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 7 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/RoutingMiddleware.php', 'line' => (int) 162, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 8 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\RoutingMiddleware', 'object' => object(Cake\Routing\Middleware\RoutingMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 9 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/AssetMiddleware.php', 'line' => (int) 88, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 10 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\AssetMiddleware', 'object' => object(Cake\Routing\Middleware\AssetMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 11 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Middleware/ErrorHandlerMiddleware.php', 'line' => (int) 96, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 12 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Error\Middleware\ErrorHandlerMiddleware', 'object' => object(Cake\Error\Middleware\ErrorHandlerMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 13 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 51, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 14 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Server.php', 'line' => (int) 98, 'function' => 'run', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\MiddlewareQueue) {}, (int) 1 => object(Cake\Http\ServerRequest) {}, (int) 2 => object(Cake\Http\Response) {} ] ], (int) 15 => [ 'file' => '/home/brlfuser/public_html/webroot/index.php', 'line' => (int) 39, 'function' => 'run', 'class' => 'Cake\Http\Server', 'object' => object(Cake\Http\Server) {}, 'type' => '->', 'args' => [] ] ] $frame = [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 73, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) { trustProxy => false [protected] params => [ [maximum depth reached] ] [protected] data => [[maximum depth reached]] [protected] query => [[maximum depth reached]] [protected] cookies => [[maximum depth reached]] [protected] _environment => [ [maximum depth reached] ] [protected] url => 'latest-news-updates/rough-ride-ahead-2590/print' [protected] base => '' [protected] webroot => '/' [protected] here => '/latest-news-updates/rough-ride-ahead-2590/print' [protected] trustedProxies => [[maximum depth reached]] [protected] _input => null [protected] _detectors => [ [maximum depth reached] ] [protected] _detectorCache => [ [maximum depth reached] ] [protected] stream => object(Zend\Diactoros\PhpInputStream) {} [protected] uri => object(Zend\Diactoros\Uri) {} [protected] session => object(Cake\Http\Session) {} [protected] attributes => [[maximum depth reached]] [protected] emulatedAttributes => [ [maximum depth reached] ] [protected] uploadedFiles => [[maximum depth reached]] [protected] protocol => null [protected] requestTarget => null [private] deprecatedProperties => [ [maximum depth reached] ] }, 'type' => '->', 'args' => [ (int) 0 => 'catslug' ] ]deprecationWarning - CORE/src/Core/functions.php, line 311 Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421 App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 73 Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51 Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98
Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]Code Context
trigger_error($message, E_USER_DEPRECATED);
}
$message = 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.' $stackFrame = (int) 1 $trace = [ (int) 0 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ServerRequest.php', 'line' => (int) 2421, 'function' => 'deprecationWarning', 'args' => [ (int) 0 => 'The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead.' ] ], (int) 1 => [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 74, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) {}, 'type' => '->', 'args' => [ (int) 0 => 'artileslug' ] ], (int) 2 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Controller/Controller.php', 'line' => (int) 610, 'function' => 'printArticle', 'class' => 'App\Controller\ArtileDetailController', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 3 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 120, 'function' => 'invokeAction', 'class' => 'Cake\Controller\Controller', 'object' => object(App\Controller\ArtileDetailController) {}, 'type' => '->', 'args' => [] ], (int) 4 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/ActionDispatcher.php', 'line' => (int) 94, 'function' => '_invoke', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(App\Controller\ArtileDetailController) {} ] ], (int) 5 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/BaseApplication.php', 'line' => (int) 235, 'function' => 'dispatch', 'class' => 'Cake\Http\ActionDispatcher', 'object' => object(Cake\Http\ActionDispatcher) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 6 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Http\BaseApplication', 'object' => object(App\Application) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 7 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/RoutingMiddleware.php', 'line' => (int) 162, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 8 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\RoutingMiddleware', 'object' => object(Cake\Routing\Middleware\RoutingMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 9 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Routing/Middleware/AssetMiddleware.php', 'line' => (int) 88, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 10 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Routing\Middleware\AssetMiddleware', 'object' => object(Cake\Routing\Middleware\AssetMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 11 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Middleware/ErrorHandlerMiddleware.php', 'line' => (int) 96, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 12 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 65, 'function' => '__invoke', 'class' => 'Cake\Error\Middleware\ErrorHandlerMiddleware', 'object' => object(Cake\Error\Middleware\ErrorHandlerMiddleware) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {}, (int) 2 => object(Cake\Http\Runner) {} ] ], (int) 13 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Runner.php', 'line' => (int) 51, 'function' => '__invoke', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\ServerRequest) {}, (int) 1 => object(Cake\Http\Response) {} ] ], (int) 14 => [ 'file' => '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Http/Server.php', 'line' => (int) 98, 'function' => 'run', 'class' => 'Cake\Http\Runner', 'object' => object(Cake\Http\Runner) {}, 'type' => '->', 'args' => [ (int) 0 => object(Cake\Http\MiddlewareQueue) {}, (int) 1 => object(Cake\Http\ServerRequest) {}, (int) 2 => object(Cake\Http\Response) {} ] ], (int) 15 => [ 'file' => '/home/brlfuser/public_html/webroot/index.php', 'line' => (int) 39, 'function' => 'run', 'class' => 'Cake\Http\Server', 'object' => object(Cake\Http\Server) {}, 'type' => '->', 'args' => [] ] ] $frame = [ 'file' => '/home/brlfuser/public_html/src/Controller/ArtileDetailController.php', 'line' => (int) 74, 'function' => 'offsetGet', 'class' => 'Cake\Http\ServerRequest', 'object' => object(Cake\Http\ServerRequest) { trustProxy => false [protected] params => [ [maximum depth reached] ] [protected] data => [[maximum depth reached]] [protected] query => [[maximum depth reached]] [protected] cookies => [[maximum depth reached]] [protected] _environment => [ [maximum depth reached] ] [protected] url => 'latest-news-updates/rough-ride-ahead-2590/print' [protected] base => '' [protected] webroot => '/' [protected] here => '/latest-news-updates/rough-ride-ahead-2590/print' [protected] trustedProxies => [[maximum depth reached]] [protected] _input => null [protected] _detectors => [ [maximum depth reached] ] [protected] _detectorCache => [ [maximum depth reached] ] [protected] stream => object(Zend\Diactoros\PhpInputStream) {} [protected] uri => object(Zend\Diactoros\Uri) {} [protected] session => object(Cake\Http\Session) {} [protected] attributes => [[maximum depth reached]] [protected] emulatedAttributes => [ [maximum depth reached] ] [protected] uploadedFiles => [[maximum depth reached]] [protected] protocol => null [protected] requestTarget => null [private] deprecatedProperties => [ [maximum depth reached] ] }, 'type' => '->', 'args' => [ (int) 0 => 'artileslug' ] ]deprecationWarning - CORE/src/Core/functions.php, line 311 Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421 App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 74 Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51 Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98
Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]Code Contextif (Configure::read('debug')) {
trigger_error($message, E_USER_WARNING);
} else {
$response = object(Cake\Http\Response) { 'status' => (int) 200, 'contentType' => 'text/html', 'headers' => [ 'Content-Type' => [ [maximum depth reached] ] ], 'file' => null, 'fileRange' => [], 'cookies' => object(Cake\Http\Cookie\CookieCollection) {}, 'cacheDirectives' => [], 'body' => '<!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Transitional//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-transitional.dtd"> <html xmlns="http://www.w3.org/1999/xhtml"> <head> <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr680587ebc2857-trace').style.display = (document.getElementById('cakeErr680587ebc2857-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr680587ebc2857-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr680587ebc2857-code').style.display = (document.getElementById('cakeErr680587ebc2857-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr680587ebc2857-context').style.display = (document.getElementById('cakeErr680587ebc2857-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr680587ebc2857-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">> </span></span></code> <span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/> </span></code></span> <code><span style="color: #000000"><span style="color: #0000BB"> </span><span style="color: #007700"><</span><span style="color: #0000BB">meta http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type" </span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html; charset=utf-8"</span><span style="color: #007700">/> </span></span></code></pre><pre id="cakeErr680587ebc2857-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 2506, 'title' => 'Rough ride ahead', 'subheading' => '', 'description' => '<p align="justify"> <font face="arial,helvetica,sans-serif" size="3"></font> </p> <p align="justify"> <font face="arial,helvetica,sans-serif" size="3">Hopes of an early respite from mounting price pressures have been belied by inflation numbers released on Wednesday. The wholesale price index for June 2010 is up 10.55% against a rise of 10.16% in May. Worse, the number for April has been revised up from 9.59% to a 19-month high of 11.23%. If the same order of revision continues , the June number could well cross 12%, a dangerously high level in a democracy where public tolerance for inflation, quite unlike in Latin American countries, is perilously low. The spike in June is mainly on account of the hike in fuel prices effected on June 25. This has pushed the index for the &lsquo;fuel, power, light and lubricants&rsquo; group up 1.7%. Unfortunately, one cannot take much comfort from that as the second order effects of the increase in fuel prices will, typically, take a while to work their way through the system. Consequently, the inflation number for July could be still higher. Add to that the fact that prices of primary articles show no sign of retreating &mdash; pulses are up 32.6%, cotton textiles are up 18.8% and minerals are up 28.5% &mdash; and there is little to cheer on the price front. Till a few months ago, the government could claim that the problem was essentially supply shortage of food items, but not any longer. With mounting evidence that inflation is no longer confined to food articles but has spread to manufactured articles, policymakers will have to act. The monsoon months often play havoc with supplies, posing a special challenge to the government to ensure availability of foodgrains, especially to the poor. Simultaneously, a coherent programme to step up agricultural output across the board has to be set in motion, without delay. </font> </p> <p align="justify"> <font face="arial,helvetica,sans-serif" size="3">The problem is that once the inflation genie is out of the box, there is no quick or sure way of getting it in again. Monetary measures, apart from being slow-acting , are effective only when they are pre-emptive rather than reactive . And though the Reserve Bank of India (RBI) has tried to make up for lost time by raising rates twice in quick succession this fiscal year, it would be na&iuml;ve to expect any quick-fix solutions. India now has the highest inflation rate in Asia. And in a country that is home to a third of the world&rsquo;s poor, that could have serious repercussion for both macroeconomic as well as political stability.<br /> </font> </p> ', 'credit_writer' => 'The Economic Times, 16 July, 2010, http://economictimes.indiatimes.com/opinion/editorial/Rough-ride-ahead/articleshow/6174686.cms', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'rough-ride-ahead-2590', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 2590, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 2506, 'metaTitle' => 'LATEST NEWS UPDATES | Rough ride ahead', 'metaKeywords' => 'Inflation', 'metaDesc' => ' Hopes of an early respite from mounting price pressures have been belied by inflation numbers released on Wednesday. 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Unfortunately, one cannot take much comfort from that as the second order effects of the increase in fuel prices will, typically, take a while to work their way through the system. Consequently, the inflation number for July could be still higher. Add to that the fact that prices of primary articles show no sign of retreating &mdash; pulses are up 32.6%, cotton textiles are up 18.8% and minerals are up 28.5% &mdash; and there is little to cheer on the price front. Till a few months ago, the government could claim that the problem was essentially supply shortage of food items, but not any longer. With mounting evidence that inflation is no longer confined to food articles but has spread to manufactured articles, policymakers will have to act. The monsoon months often play havoc with supplies, posing a special challenge to the government to ensure availability of foodgrains, especially to the poor. Simultaneously, a coherent programme to step up agricultural output across the board has to be set in motion, without delay. </font></p><p align="justify"><font >The problem is that once the inflation genie is out of the box, there is no quick or sure way of getting it in again. Monetary measures, apart from being slow-acting , are effective only when they are pre-emptive rather than reactive . And though the Reserve Bank of India (RBI) has tried to make up for lost time by raising rates twice in quick succession this fiscal year, it would be na&iuml;ve to expect any quick-fix solutions. India now has the highest inflation rate in Asia. 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If the same order of revision continues , the June number could well cross 12%, a dangerously high level in a democracy where public tolerance for inflation, quite unlike in Latin American countries, is perilously low. The spike in June is mainly on account of the hike in fuel prices effected on June 25. This has pushed the index for the &lsquo;fuel, power, light and lubricants&rsquo; group up 1.7%. Unfortunately, one cannot take much comfort from that as the second order effects of the increase in fuel prices will, typically, take a while to work their way through the system. Consequently, the inflation number for July could be still higher. Add to that the fact that prices of primary articles show no sign of retreating &mdash; pulses are up 32.6%, cotton textiles are up 18.8% and minerals are up 28.5% &mdash; and there is little to cheer on the price front. Till a few months ago, the government could claim that the problem was essentially supply shortage of food items, but not any longer. With mounting evidence that inflation is no longer confined to food articles but has spread to manufactured articles, policymakers will have to act. The monsoon months often play havoc with supplies, posing a special challenge to the government to ensure availability of foodgrains, especially to the poor. Simultaneously, a coherent programme to step up agricultural output across the board has to be set in motion, without delay. </font> </p> <p align="justify"> <font face="arial,helvetica,sans-serif" size="3">The problem is that once the inflation genie is out of the box, there is no quick or sure way of getting it in again. Monetary measures, apart from being slow-acting , are effective only when they are pre-emptive rather than reactive . And though the Reserve Bank of India (RBI) has tried to make up for lost time by raising rates twice in quick succession this fiscal year, it would be na&iuml;ve to expect any quick-fix solutions. India now has the highest inflation rate in Asia. And in a country that is home to a third of the world&rsquo;s poor, that could have serious repercussion for both macroeconomic as well as political stability.<br /> </font> </p> ', 'credit_writer' => 'The Economic Times, 16 July, 2010, http://economictimes.indiatimes.com/opinion/editorial/Rough-ride-ahead/articleshow/6174686.cms', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'rough-ride-ahead-2590', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 2590, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 2506 $metaTitle = 'LATEST NEWS UPDATES | Rough ride ahead' $metaKeywords = 'Inflation' $metaDesc = ' Hopes of an early respite from mounting price pressures have been belied by inflation numbers released on Wednesday. The wholesale price index for June 2010 is up 10.55% against a rise of 10.16% in May. Worse, the number for April...' $disp = '<p align="justify"><font ></font></p><p align="justify"><font >Hopes of an early respite from mounting price pressures have been belied by inflation numbers released on Wednesday. The wholesale price index for June 2010 is up 10.55% against a rise of 10.16% in May. Worse, the number for April has been revised up from 9.59% to a 19-month high of 11.23%. If the same order of revision continues , the June number could well cross 12%, a dangerously high level in a democracy where public tolerance for inflation, quite unlike in Latin American countries, is perilously low. The spike in June is mainly on account of the hike in fuel prices effected on June 25. This has pushed the index for the &lsquo;fuel, power, light and lubricants&rsquo; group up 1.7%. Unfortunately, one cannot take much comfort from that as the second order effects of the increase in fuel prices will, typically, take a while to work their way through the system. Consequently, the inflation number for July could be still higher. Add to that the fact that prices of primary articles show no sign of retreating &mdash; pulses are up 32.6%, cotton textiles are up 18.8% and minerals are up 28.5% &mdash; and there is little to cheer on the price front. Till a few months ago, the government could claim that the problem was essentially supply shortage of food items, but not any longer. With mounting evidence that inflation is no longer confined to food articles but has spread to manufactured articles, policymakers will have to act. The monsoon months often play havoc with supplies, posing a special challenge to the government to ensure availability of foodgrains, especially to the poor. Simultaneously, a coherent programme to step up agricultural output across the board has to be set in motion, without delay. </font></p><p align="justify"><font >The problem is that once the inflation genie is out of the box, there is no quick or sure way of getting it in again. Monetary measures, apart from being slow-acting , are effective only when they are pre-emptive rather than reactive . And though the Reserve Bank of India (RBI) has tried to make up for lost time by raising rates twice in quick succession this fiscal year, it would be na&iuml;ve to expect any quick-fix solutions. India now has the highest inflation rate in Asia. And in a country that is home to a third of the world&rsquo;s poor, that could have serious repercussion for both macroeconomic as well as political stability.<br /></font></p>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/rough-ride-ahead-2590.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | Rough ride ahead | Im4change.org</title> <meta name="description" content=" Hopes of an early respite from mounting price pressures have been belied by inflation numbers released on Wednesday. The wholesale price index for June 2010 is up 10.55% against a rise of 10.16% in May. Worse, the number for April..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>Rough ride ahead</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <p align="justify"><font ></font></p><p align="justify"><font >Hopes of an early respite from mounting price pressures have been belied by inflation numbers released on Wednesday. The wholesale price index for June 2010 is up 10.55% against a rise of 10.16% in May. Worse, the number for April has been revised up from 9.59% to a 19-month high of 11.23%. If the same order of revision continues , the June number could well cross 12%, a dangerously high level in a democracy where public tolerance for inflation, quite unlike in Latin American countries, is perilously low. The spike in June is mainly on account of the hike in fuel prices effected on June 25. This has pushed the index for the ‘fuel, power, light and lubricants’ group up 1.7%. Unfortunately, one cannot take much comfort from that as the second order effects of the increase in fuel prices will, typically, take a while to work their way through the system. Consequently, the inflation number for July could be still higher. Add to that the fact that prices of primary articles show no sign of retreating — pulses are up 32.6%, cotton textiles are up 18.8% and minerals are up 28.5% — and there is little to cheer on the price front. Till a few months ago, the government could claim that the problem was essentially supply shortage of food items, but not any longer. With mounting evidence that inflation is no longer confined to food articles but has spread to manufactured articles, policymakers will have to act. The monsoon months often play havoc with supplies, posing a special challenge to the government to ensure availability of foodgrains, especially to the poor. Simultaneously, a coherent programme to step up agricultural output across the board has to be set in motion, without delay. </font></p><p align="justify"><font >The problem is that once the inflation genie is out of the box, there is no quick or sure way of getting it in again. Monetary measures, apart from being slow-acting , are effective only when they are pre-emptive rather than reactive . And though the Reserve Bank of India (RBI) has tried to make up for lost time by raising rates twice in quick succession this fiscal year, it would be naïve to expect any quick-fix solutions. India now has the highest inflation rate in Asia. And in a country that is home to a third of the world’s poor, that could have serious repercussion for both macroeconomic as well as political stability.<br /></font></p> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $maxBufferLength = (int) 8192 $file = '/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php' $line = (int) 853 $message = 'Unable to emit headers. 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'' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr680587ebc2857-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr680587ebc2857-code').style.display = (document.getElementById('cakeErr680587ebc2857-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr680587ebc2857-context').style.display = (document.getElementById('cakeErr680587ebc2857-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr680587ebc2857-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700"><</span><span style="color: #0000BB">head</span><span style="color: #007700">> </span></span></code> <span class="code-highlight"><code><span style="color: #000000"> <link rel="canonical" href="<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">Configure</span><span style="color: #007700">::</span><span style="color: #0000BB">read</span><span style="color: #007700">(</span><span style="color: #DD0000">'SITE_URL'</span><span style="color: #007700">); </span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$urlPrefix</span><span style="color: #007700">;</span><span style="color: #0000BB">?><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">category</span><span style="color: #007700">-></span><span style="color: #0000BB">slug</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>/<span style="color: #0000BB"><?php </span><span style="color: #007700">echo </span><span style="color: #0000BB">$article_current</span><span style="color: #007700">-></span><span style="color: #0000BB">seo_url</span><span style="color: #007700">; </span><span style="color: #0000BB">?></span>.html"/> </span></code></span> <code><span style="color: #000000"><span style="color: #0000BB"> </span><span style="color: #007700"><</span><span style="color: #0000BB">meta http</span><span style="color: #007700">-</span><span style="color: #0000BB">equiv</span><span style="color: #007700">=</span><span style="color: #DD0000">"Content-Type" </span><span style="color: #0000BB">content</span><span style="color: #007700">=</span><span style="color: #DD0000">"text/html; charset=utf-8"</span><span style="color: #007700">/> </span></span></code></pre><pre id="cakeErr680587ebc2857-context" class="cake-context" style="display: none;">$viewFile = '/home/brlfuser/public_html/src/Template/Layout/printlayout.ctp' $dataForView = [ 'article_current' => object(App\Model\Entity\Article) { 'id' => (int) 2506, 'title' => 'Rough ride ahead', 'subheading' => '', 'description' => '<p align="justify"> <font face="arial,helvetica,sans-serif" size="3"></font> </p> <p align="justify"> <font face="arial,helvetica,sans-serif" size="3">Hopes of an early respite from mounting price pressures have been belied by inflation numbers released on Wednesday. The wholesale price index for June 2010 is up 10.55% against a rise of 10.16% in May. Worse, the number for April has been revised up from 9.59% to a 19-month high of 11.23%. If the same order of revision continues , the June number could well cross 12%, a dangerously high level in a democracy where public tolerance for inflation, quite unlike in Latin American countries, is perilously low. The spike in June is mainly on account of the hike in fuel prices effected on June 25. This has pushed the index for the &lsquo;fuel, power, light and lubricants&rsquo; group up 1.7%. Unfortunately, one cannot take much comfort from that as the second order effects of the increase in fuel prices will, typically, take a while to work their way through the system. Consequently, the inflation number for July could be still higher. Add to that the fact that prices of primary articles show no sign of retreating &mdash; pulses are up 32.6%, cotton textiles are up 18.8% and minerals are up 28.5% &mdash; and there is little to cheer on the price front. Till a few months ago, the government could claim that the problem was essentially supply shortage of food items, but not any longer. With mounting evidence that inflation is no longer confined to food articles but has spread to manufactured articles, policymakers will have to act. The monsoon months often play havoc with supplies, posing a special challenge to the government to ensure availability of foodgrains, especially to the poor. Simultaneously, a coherent programme to step up agricultural output across the board has to be set in motion, without delay. </font> </p> <p align="justify"> <font face="arial,helvetica,sans-serif" size="3">The problem is that once the inflation genie is out of the box, there is no quick or sure way of getting it in again. Monetary measures, apart from being slow-acting , are effective only when they are pre-emptive rather than reactive . And though the Reserve Bank of India (RBI) has tried to make up for lost time by raising rates twice in quick succession this fiscal year, it would be na&iuml;ve to expect any quick-fix solutions. India now has the highest inflation rate in Asia. And in a country that is home to a third of the world&rsquo;s poor, that could have serious repercussion for both macroeconomic as well as political stability.<br /> </font> </p> ', 'credit_writer' => 'The Economic Times, 16 July, 2010, http://economictimes.indiatimes.com/opinion/editorial/Rough-ride-ahead/articleshow/6174686.cms', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'rough-ride-ahead-2590', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 2590, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ [maximum depth reached] ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ [maximum depth reached] ], '[dirty]' => [[maximum depth reached]], '[original]' => [[maximum depth reached]], '[virtual]' => [[maximum depth reached]], '[hasErrors]' => false, '[errors]' => [[maximum depth reached]], '[invalid]' => [[maximum depth reached]], '[repository]' => 'Articles' }, 'articleid' => (int) 2506, 'metaTitle' => 'LATEST NEWS UPDATES | Rough ride ahead', 'metaKeywords' => 'Inflation', 'metaDesc' => ' Hopes of an early respite from mounting price pressures have been belied by inflation numbers released on Wednesday. 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Unfortunately, one cannot take much comfort from that as the second order effects of the increase in fuel prices will, typically, take a while to work their way through the system. Consequently, the inflation number for July could be still higher. Add to that the fact that prices of primary articles show no sign of retreating &mdash; pulses are up 32.6%, cotton textiles are up 18.8% and minerals are up 28.5% &mdash; and there is little to cheer on the price front. Till a few months ago, the government could claim that the problem was essentially supply shortage of food items, but not any longer. With mounting evidence that inflation is no longer confined to food articles but has spread to manufactured articles, policymakers will have to act. The monsoon months often play havoc with supplies, posing a special challenge to the government to ensure availability of foodgrains, especially to the poor. Simultaneously, a coherent programme to step up agricultural output across the board has to be set in motion, without delay. </font></p><p align="justify"><font >The problem is that once the inflation genie is out of the box, there is no quick or sure way of getting it in again. Monetary measures, apart from being slow-acting , are effective only when they are pre-emptive rather than reactive . And though the Reserve Bank of India (RBI) has tried to make up for lost time by raising rates twice in quick succession this fiscal year, it would be na&iuml;ve to expect any quick-fix solutions. India now has the highest inflation rate in Asia. And in a country that is home to a third of the world&rsquo;s poor, that could have serious repercussion for both macroeconomic as well as political stability.<br /></font></p>', 'lang' => 'English', 'SITE_URL' => 'https://im4change.in/', 'site_title' => 'im4change', 'adminprix' => 'admin' ] $article_current = object(App\Model\Entity\Article) { 'id' => (int) 2506, 'title' => 'Rough ride ahead', 'subheading' => '', 'description' => '<p align="justify"> <font face="arial,helvetica,sans-serif" size="3"></font> </p> <p align="justify"> <font face="arial,helvetica,sans-serif" size="3">Hopes of an early respite from mounting price pressures have been belied by inflation numbers released on Wednesday. The wholesale price index for June 2010 is up 10.55% against a rise of 10.16% in May. Worse, the number for April has been revised up from 9.59% to a 19-month high of 11.23%. If the same order of revision continues , the June number could well cross 12%, a dangerously high level in a democracy where public tolerance for inflation, quite unlike in Latin American countries, is perilously low. The spike in June is mainly on account of the hike in fuel prices effected on June 25. This has pushed the index for the &lsquo;fuel, power, light and lubricants&rsquo; group up 1.7%. Unfortunately, one cannot take much comfort from that as the second order effects of the increase in fuel prices will, typically, take a while to work their way through the system. Consequently, the inflation number for July could be still higher. Add to that the fact that prices of primary articles show no sign of retreating &mdash; pulses are up 32.6%, cotton textiles are up 18.8% and minerals are up 28.5% &mdash; and there is little to cheer on the price front. Till a few months ago, the government could claim that the problem was essentially supply shortage of food items, but not any longer. With mounting evidence that inflation is no longer confined to food articles but has spread to manufactured articles, policymakers will have to act. The monsoon months often play havoc with supplies, posing a special challenge to the government to ensure availability of foodgrains, especially to the poor. Simultaneously, a coherent programme to step up agricultural output across the board has to be set in motion, without delay. </font> </p> <p align="justify"> <font face="arial,helvetica,sans-serif" size="3">The problem is that once the inflation genie is out of the box, there is no quick or sure way of getting it in again. Monetary measures, apart from being slow-acting , are effective only when they are pre-emptive rather than reactive . And though the Reserve Bank of India (RBI) has tried to make up for lost time by raising rates twice in quick succession this fiscal year, it would be na&iuml;ve to expect any quick-fix solutions. India now has the highest inflation rate in Asia. And in a country that is home to a third of the world&rsquo;s poor, that could have serious repercussion for both macroeconomic as well as political stability.<br /> </font> </p> ', 'credit_writer' => 'The Economic Times, 16 July, 2010, http://economictimes.indiatimes.com/opinion/editorial/Rough-ride-ahead/articleshow/6174686.cms', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'rough-ride-ahead-2590', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 2590, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 2506 $metaTitle = 'LATEST NEWS UPDATES | Rough ride ahead' $metaKeywords = 'Inflation' $metaDesc = ' Hopes of an early respite from mounting price pressures have been belied by inflation numbers released on Wednesday. The wholesale price index for June 2010 is up 10.55% against a rise of 10.16% in May. Worse, the number for April...' $disp = '<p align="justify"><font ></font></p><p align="justify"><font >Hopes of an early respite from mounting price pressures have been belied by inflation numbers released on Wednesday. The wholesale price index for June 2010 is up 10.55% against a rise of 10.16% in May. Worse, the number for April has been revised up from 9.59% to a 19-month high of 11.23%. If the same order of revision continues , the June number could well cross 12%, a dangerously high level in a democracy where public tolerance for inflation, quite unlike in Latin American countries, is perilously low. The spike in June is mainly on account of the hike in fuel prices effected on June 25. This has pushed the index for the &lsquo;fuel, power, light and lubricants&rsquo; group up 1.7%. Unfortunately, one cannot take much comfort from that as the second order effects of the increase in fuel prices will, typically, take a while to work their way through the system. Consequently, the inflation number for July could be still higher. Add to that the fact that prices of primary articles show no sign of retreating &mdash; pulses are up 32.6%, cotton textiles are up 18.8% and minerals are up 28.5% &mdash; and there is little to cheer on the price front. Till a few months ago, the government could claim that the problem was essentially supply shortage of food items, but not any longer. With mounting evidence that inflation is no longer confined to food articles but has spread to manufactured articles, policymakers will have to act. The monsoon months often play havoc with supplies, posing a special challenge to the government to ensure availability of foodgrains, especially to the poor. Simultaneously, a coherent programme to step up agricultural output across the board has to be set in motion, without delay. </font></p><p align="justify"><font >The problem is that once the inflation genie is out of the box, there is no quick or sure way of getting it in again. Monetary measures, apart from being slow-acting , are effective only when they are pre-emptive rather than reactive . And though the Reserve Bank of India (RBI) has tried to make up for lost time by raising rates twice in quick succession this fiscal year, it would be na&iuml;ve to expect any quick-fix solutions. India now has the highest inflation rate in Asia. And in a country that is home to a third of the world&rsquo;s poor, that could have serious repercussion for both macroeconomic as well as political stability.<br /></font></p>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/rough-ride-ahead-2590.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | Rough ride ahead | Im4change.org</title> <meta name="description" content=" Hopes of an early respite from mounting price pressures have been belied by inflation numbers released on Wednesday. The wholesale price index for June 2010 is up 10.55% against a rise of 10.16% in May. Worse, the number for April..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>Rough ride ahead</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <p align="justify"><font ></font></p><p align="justify"><font >Hopes of an early respite from mounting price pressures have been belied by inflation numbers released on Wednesday. The wholesale price index for June 2010 is up 10.55% against a rise of 10.16% in May. Worse, the number for April has been revised up from 9.59% to a 19-month high of 11.23%. If the same order of revision continues , the June number could well cross 12%, a dangerously high level in a democracy where public tolerance for inflation, quite unlike in Latin American countries, is perilously low. The spike in June is mainly on account of the hike in fuel prices effected on June 25. This has pushed the index for the ‘fuel, power, light and lubricants’ group up 1.7%. Unfortunately, one cannot take much comfort from that as the second order effects of the increase in fuel prices will, typically, take a while to work their way through the system. Consequently, the inflation number for July could be still higher. Add to that the fact that prices of primary articles show no sign of retreating — pulses are up 32.6%, cotton textiles are up 18.8% and minerals are up 28.5% — and there is little to cheer on the price front. Till a few months ago, the government could claim that the problem was essentially supply shortage of food items, but not any longer. With mounting evidence that inflation is no longer confined to food articles but has spread to manufactured articles, policymakers will have to act. The monsoon months often play havoc with supplies, posing a special challenge to the government to ensure availability of foodgrains, especially to the poor. Simultaneously, a coherent programme to step up agricultural output across the board has to be set in motion, without delay. </font></p><p align="justify"><font >The problem is that once the inflation genie is out of the box, there is no quick or sure way of getting it in again. Monetary measures, apart from being slow-acting , are effective only when they are pre-emptive rather than reactive . And though the Reserve Bank of India (RBI) has tried to make up for lost time by raising rates twice in quick succession this fiscal year, it would be naïve to expect any quick-fix solutions. India now has the highest inflation rate in Asia. And in a country that is home to a third of the world’s poor, that could have serious repercussion for both macroeconomic as well as political stability.<br /></font></p> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $reasonPhrase = 'OK'header - [internal], line ?? 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The wholesale price index for June 2010 is up 10.55% against a rise of 10.16% in May. Worse, the number for April has been revised up from 9.59% to a 19-month high of 11.23%. If the same order of revision continues , the June number could well cross 12%, a dangerously high level in a democracy where public tolerance for inflation, quite unlike in Latin American countries, is perilously low. The spike in June is mainly on account of the hike in fuel prices effected on June 25. This has pushed the index for the &lsquo;fuel, power, light and lubricants&rsquo; group up 1.7%. Unfortunately, one cannot take much comfort from that as the second order effects of the increase in fuel prices will, typically, take a while to work their way through the system. Consequently, the inflation number for July could be still higher. 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Unfortunately, one cannot take much comfort from that as the second order effects of the increase in fuel prices will, typically, take a while to work their way through the system. Consequently, the inflation number for July could be still higher. Add to that the fact that prices of primary articles show no sign of retreating &mdash; pulses are up 32.6%, cotton textiles are up 18.8% and minerals are up 28.5% &mdash; and there is little to cheer on the price front. Till a few months ago, the government could claim that the problem was essentially supply shortage of food items, but not any longer. With mounting evidence that inflation is no longer confined to food articles but has spread to manufactured articles, policymakers will have to act. The monsoon months often play havoc with supplies, posing a special challenge to the government to ensure availability of foodgrains, especially to the poor. 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Till a few months ago, the government could claim that the problem was essentially supply shortage of food items, but not any longer. With mounting evidence that inflation is no longer confined to food articles but has spread to manufactured articles, policymakers will have to act. The monsoon months often play havoc with supplies, posing a special challenge to the government to ensure availability of foodgrains, especially to the poor. Simultaneously, a coherent programme to step up agricultural output across the board has to be set in motion, without delay. </font> </p> <p align="justify"> <font face="arial,helvetica,sans-serif" size="3">The problem is that once the inflation genie is out of the box, there is no quick or sure way of getting it in again. Monetary measures, apart from being slow-acting , are effective only when they are pre-emptive rather than reactive . And though the Reserve Bank of India (RBI) has tried to make up for lost time by raising rates twice in quick succession this fiscal year, it would be na&iuml;ve to expect any quick-fix solutions. India now has the highest inflation rate in Asia. And in a country that is home to a third of the world&rsquo;s poor, that could have serious repercussion for both macroeconomic as well as political stability.<br /> </font> </p> ', 'credit_writer' => 'The Economic Times, 16 July, 2010, http://economictimes.indiatimes.com/opinion/editorial/Rough-ride-ahead/articleshow/6174686.cms', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'rough-ride-ahead-2590', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 2590, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'tags' => [ (int) 0 => object(Cake\ORM\Entity) {} ], 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $articleid = (int) 2506 $metaTitle = 'LATEST NEWS UPDATES | Rough ride ahead' $metaKeywords = 'Inflation' $metaDesc = ' Hopes of an early respite from mounting price pressures have been belied by inflation numbers released on Wednesday. The wholesale price index for June 2010 is up 10.55% against a rise of 10.16% in May. Worse, the number for April...' $disp = '<p align="justify"><font ></font></p><p align="justify"><font >Hopes of an early respite from mounting price pressures have been belied by inflation numbers released on Wednesday. The wholesale price index for June 2010 is up 10.55% against a rise of 10.16% in May. Worse, the number for April has been revised up from 9.59% to a 19-month high of 11.23%. If the same order of revision continues , the June number could well cross 12%, a dangerously high level in a democracy where public tolerance for inflation, quite unlike in Latin American countries, is perilously low. The spike in June is mainly on account of the hike in fuel prices effected on June 25. This has pushed the index for the &lsquo;fuel, power, light and lubricants&rsquo; group up 1.7%. Unfortunately, one cannot take much comfort from that as the second order effects of the increase in fuel prices will, typically, take a while to work their way through the system. Consequently, the inflation number for July could be still higher. Add to that the fact that prices of primary articles show no sign of retreating &mdash; pulses are up 32.6%, cotton textiles are up 18.8% and minerals are up 28.5% &mdash; and there is little to cheer on the price front. Till a few months ago, the government could claim that the problem was essentially supply shortage of food items, but not any longer. With mounting evidence that inflation is no longer confined to food articles but has spread to manufactured articles, policymakers will have to act. The monsoon months often play havoc with supplies, posing a special challenge to the government to ensure availability of foodgrains, especially to the poor. Simultaneously, a coherent programme to step up agricultural output across the board has to be set in motion, without delay. </font></p><p align="justify"><font >The problem is that once the inflation genie is out of the box, there is no quick or sure way of getting it in again. Monetary measures, apart from being slow-acting , are effective only when they are pre-emptive rather than reactive . And though the Reserve Bank of India (RBI) has tried to make up for lost time by raising rates twice in quick succession this fiscal year, it would be na&iuml;ve to expect any quick-fix solutions. India now has the highest inflation rate in Asia. And in a country that is home to a third of the world&rsquo;s poor, that could have serious repercussion for both macroeconomic as well as political stability.<br /></font></p>' $lang = 'English' $SITE_URL = 'https://im4change.in/' $site_title = 'im4change' $adminprix = 'admin'</pre><pre class="stack-trace">include - APP/Template/Layout/printlayout.ctp, line 8 Cake\View\View::_evaluate() - CORE/src/View/View.php, line 1413 Cake\View\View::_render() - CORE/src/View/View.php, line 1374 Cake\View\View::renderLayout() - CORE/src/View/View.php, line 927 Cake\View\View::render() - CORE/src/View/View.php, line 885 Cake\Controller\Controller::render() - CORE/src/Controller/Controller.php, line 791 Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 126 Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94 Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96 Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65 Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51</pre></div></pre>latest-news-updates/rough-ride-ahead-2590.html"/> <meta http-equiv="Content-Type" content="text/html; charset=utf-8"/> <link href="https://im4change.in/css/control.css" rel="stylesheet" type="text/css" media="all"/> <title>LATEST NEWS UPDATES | Rough ride ahead | Im4change.org</title> <meta name="description" content=" Hopes of an early respite from mounting price pressures have been belied by inflation numbers released on Wednesday. The wholesale price index for June 2010 is up 10.55% against a rise of 10.16% in May. Worse, the number for April..."/> <script src="https://im4change.in/js/jquery-1.10.2.js"></script> <script type="text/javascript" src="https://im4change.in/js/jquery-migrate.min.js"></script> <script language="javascript" type="text/javascript"> $(document).ready(function () { var img = $("img")[0]; // Get my img elem var pic_real_width, pic_real_height; $("<img/>") // Make in memory copy of image to avoid css issues .attr("src", $(img).attr("src")) .load(function () { pic_real_width = this.width; // Note: $(this).width() will not pic_real_height = this.height; // work for in memory images. }); }); </script> <style type="text/css"> @media screen { div.divFooter { display: block; } } @media print { .printbutton { display: none !important; } } </style> </head> <body> <table cellpadding="0" cellspacing="0" border="0" width="98%" align="center"> <tr> <td class="top_bg"> <div class="divFooter"> <img src="https://im4change.in/images/logo1.jpg" height="59" border="0" alt="Resource centre on India's rural distress" style="padding-top:14px;"/> </div> </td> </tr> <tr> <td id="topspace"> </td> </tr> <tr id="topspace"> <td> </td> </tr> <tr> <td height="50" style="border-bottom:1px solid #000; padding-top:10px;" class="printbutton"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> <tr> <td width="100%"> <h1 class="news_headlines" style="font-style:normal"> <strong>Rough ride ahead</strong></h1> </td> </tr> <tr> <td width="100%" style="font-family:Arial, 'Segoe Script', 'Segoe UI', sans-serif, serif"><font size="3"> <p align="justify"><font ></font></p><p align="justify"><font >Hopes of an early respite from mounting price pressures have been belied by inflation numbers released on Wednesday. The wholesale price index for June 2010 is up 10.55% against a rise of 10.16% in May. Worse, the number for April has been revised up from 9.59% to a 19-month high of 11.23%. If the same order of revision continues , the June number could well cross 12%, a dangerously high level in a democracy where public tolerance for inflation, quite unlike in Latin American countries, is perilously low. The spike in June is mainly on account of the hike in fuel prices effected on June 25. This has pushed the index for the ‘fuel, power, light and lubricants’ group up 1.7%. Unfortunately, one cannot take much comfort from that as the second order effects of the increase in fuel prices will, typically, take a while to work their way through the system. Consequently, the inflation number for July could be still higher. Add to that the fact that prices of primary articles show no sign of retreating — pulses are up 32.6%, cotton textiles are up 18.8% and minerals are up 28.5% — and there is little to cheer on the price front. Till a few months ago, the government could claim that the problem was essentially supply shortage of food items, but not any longer. With mounting evidence that inflation is no longer confined to food articles but has spread to manufactured articles, policymakers will have to act. The monsoon months often play havoc with supplies, posing a special challenge to the government to ensure availability of foodgrains, especially to the poor. Simultaneously, a coherent programme to step up agricultural output across the board has to be set in motion, without delay. </font></p><p align="justify"><font >The problem is that once the inflation genie is out of the box, there is no quick or sure way of getting it in again. Monetary measures, apart from being slow-acting , are effective only when they are pre-emptive rather than reactive . And though the Reserve Bank of India (RBI) has tried to make up for lost time by raising rates twice in quick succession this fiscal year, it would be naïve to expect any quick-fix solutions. India now has the highest inflation rate in Asia. And in a country that is home to a third of the world’s poor, that could have serious repercussion for both macroeconomic as well as political stability.<br /></font></p> </font> </td> </tr> <tr> <td> </td> </tr> <tr> <td height="50" style="border-top:1px solid #000; border-bottom:1px solid #000;padding-top:10px;"> <form><input type="button" value=" Print this page " onclick="window.print();return false;"/></form> </td> </tr> </table></body> </html>' } $cookies = [] $values = [ (int) 0 => 'text/html; charset=UTF-8' ] $name = 'Content-Type' $first = true $value = 'text/html; charset=UTF-8'header - [internal], line ?? 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This has pushed the index for the ‘fuel, power, light and lubricants’ group up 1.7%. Unfortunately, one cannot take much comfort from that as the second order effects of the increase in fuel prices will, typically, take a while to work their way through the system. Consequently, the inflation number for July could be still higher. Add to that the fact that prices of primary articles show no sign of retreating — pulses are up 32.6%, cotton textiles are up 18.8% and minerals are up 28.5% — and there is little to cheer on the price front. Till a few months ago, the government could claim that the problem was essentially supply shortage of food items, but not any longer. With mounting evidence that inflation is no longer confined to food articles but has spread to manufactured articles, policymakers will have to act. The monsoon months often play havoc with supplies, posing a special challenge to the government to ensure availability of foodgrains, especially to the poor. 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Rough ride ahead |
Hopes of an early respite from mounting price pressures have been belied by inflation numbers released on Wednesday. The wholesale price index for June 2010 is up 10.55% against a rise of 10.16% in May. Worse, the number for April has been revised up from 9.59% to a 19-month high of 11.23%. If the same order of revision continues , the June number could well cross 12%, a dangerously high level in a democracy where public tolerance for inflation, quite unlike in Latin American countries, is perilously low. The spike in June is mainly on account of the hike in fuel prices effected on June 25. This has pushed the index for the ‘fuel, power, light and lubricants’ group up 1.7%. Unfortunately, one cannot take much comfort from that as the second order effects of the increase in fuel prices will, typically, take a while to work their way through the system. Consequently, the inflation number for July could be still higher. Add to that the fact that prices of primary articles show no sign of retreating — pulses are up 32.6%, cotton textiles are up 18.8% and minerals are up 28.5% — and there is little to cheer on the price front. Till a few months ago, the government could claim that the problem was essentially supply shortage of food items, but not any longer. With mounting evidence that inflation is no longer confined to food articles but has spread to manufactured articles, policymakers will have to act. The monsoon months often play havoc with supplies, posing a special challenge to the government to ensure availability of foodgrains, especially to the poor. Simultaneously, a coherent programme to step up agricultural output across the board has to be set in motion, without delay. The problem is that once the inflation genie is out of the box, there is no quick or sure way of getting it in again. Monetary measures, apart from being slow-acting , are effective only when they are pre-emptive rather than reactive . And though the Reserve Bank of India (RBI) has tried to make up for lost time by raising rates twice in quick succession this fiscal year, it would be naïve to expect any quick-fix solutions. India now has the highest inflation rate in Asia. And in a country that is home to a third of the world’s poor, that could have serious repercussion for both macroeconomic as well as political stability. |