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LATEST NEWS UPDATES | Wholesale inflation is at a 30-year high. Why is govt not worried? -Vivek Kaul

Wholesale inflation is at a 30-year high. Why is govt not worried? -Vivek Kaul

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published Published on Dec 19, 2021   modified Modified on Dec 21, 2021

-National Herald

Hindi films have rarely had songs on inflation. But of the few that have, the 1974 flick Roti, Kapda aur Makaan and the 2010 release Peepli Live stand out.

Roti, Kapda aur Makaan had the superhit song …bhaaki kuch bachcha to mehangai maar gayi (…whatever was left, inflation took it away).

The Peepli Live song went like this, …sakhi saiyan to khub hi kamaat hain, mehangayi daiyan khaaye jaat hai (O, my friend, my husband does earn well, but the inflation witch eats it all).

Inflation, or the rate of price rise, is thus a silent tax, and it takes away the purchasing power that people have. This makes it politically the most sensitive of all economic indicators.

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National Herald, 19 December, 2021, https://www.deccanherald.com/opinion/wholesale-inflation-is-at-a-30-year-high-why-is-govt-not-worried-1062341.html


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