The Congress government returned to power with a clear mandate in the last general elections on the Aam Aadmi plank with a promise to work for the greater good of the common Indian and the country as a whole.
Since then all the ministers have been raising the right noises about working for the people or worried about the problems faced by the man on the street etc. but somehow the ground realities are not reflecting the intention ...
1. Fuel prices have increased after the elections.
2. Food prices are at a record high with Tur/Arhar daal being sold for Rs.90 / kgs
3. Interest rates are feared to spike too.
This when most of the rest of the world is facing deflation. The idea everywhere is to stimulate demand but if prices of essential commodities rise to such levels how will people save money to invest on other commodities?
Which Aam Aadmi is this government working for? The budget laid focus on this persona increasing social outlays ( which I don't dispute ) but where is the money coming from? All the plans for economic reforms are still on the back burner though the "Left has been left behind". With rising fiscal deficit we would soon be in the mix of inflation and then how does the government plan to help the common man - by giving out more doles?
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