Thursday, July 15, 2010

Inflation

I was reading on net and came to know about the causes of steep inflation rise. I have included some insights of inflation as follow :

1) India have spent a lot of on rural developing plan and which in turn it raised the purchasing power of the rural people and utlimately affected with Price rise of foodgrain.

2) Pratibha Patil in its joint parliament address told to curb on the public spending on programmes of rural development.

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