Everyone is aware of the critical situation in India is facing, even the govt is at stake, why not intellectuals come forward to find out ways and means to redress the situation/at least think of the Indian masses, who are hardly earning bread and butter for their subsistence(agricultural based areas)/lower middle class income groups/discuss the issue? Examine whether it is corruption/scarcity of resources to meet the demands depicting growth in inflation rate/or whether excess flow of money has brought this situation/growth in overall economical indices have resulted in such a situation? if we(the better persons) will not concentrate on this issue, who else is going to do this? it is our country and we have to come forward. in my opinion, it is the corruption in India, responsible for the situation/the flow of unaccounted liquidity is chasing the low production resources, the inequitable distribution of wealth/unemployment and inefficient use of natural resources available

Is inflation always a factor of demand-supply mismatch? In our country, the incomes have raised fast in last decade or so giving rise to higher demand. The supply of some of the articles like steel, cement, energy etc has not kept pace with demand, and these sectors saw very high inflation in recent years, even before we started talking of inflation.

Is Present scene a result of lack of planning at appropriate levels? Politically, we are still debating whether to go for nuclear deal or not. If this decision had been taken in time, the dependence of the country on costly petroleum would have started to go down in near future. Similarly, most of the infrastructure sectors have been neglected, resulting in supply side constraints. Even today, massive iron ore is being exported - why not put a break on it to cool down the price of steel locally? Some drastic measure like control on exports is required to cool down the economy.

Does measures of pre-liberalization era required - that can be done where there is negligible foreign investment. One of the things that could be done is to put in place a direct price control on some of the commodities of mass consumption. Instead of giving subsidy to producers, the Govt may purchase the goods at full price, with minimal margin to producer and sell the products in markets at subsidized rates. America and Europeans countries act in the same fashion. To foot this bill, may be some developmental expenditure will have to be curbed, but I think, this fire fighting will result in larger good and enable the nation to come out stronger out of this temporary phenomena which is cyclical in nature. No subsidy is being given to farmer directly. Talk about a fertilizer subsidy, Govt. gives it to companies. Holding food grains subsidy goes to IFCI. Why Government hesitate to take the responsibility of a farmer on its own shoulders? Even money is being provided to Banks for elimination of farmers loans. No direct benefit of any kind is for farmer.

Though Inflation is not confined to India; it is a global phenomenon at present. There are countries in the world where inflation has been a million percent in last one year. There are many countries where civil wars have erupted over shortage of food in recent years. Let’s hope, GOD shall provide good senses to all who are running this country. The painful part of the inflation is that it happened during the regime of best economist of world as our Prime Minister