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May 24, 2010

Inflation to down by Dec: PM Manmohan Singh

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The UPA government has completed its one year in term today. speaking on the occasion to the media persons, the prime minister Manmohan Singh said that the inflation would be down by December this year. Rising price is probably the most hot topic for the UPA and the opposition parties have criticizing for.

The performance of UPA is however is ranked as good by many experts, but at the point of controlling the inflation, there are different opinions. The government of India has been trying to contain the inflation and get through most of it. On the other hand the RBI's directives and anti-inflationary measures helped a lot to contain the inflation.

Before one year the inflation was in negative points and there were global economic slowdown too. While the inflation has stated raising and the government move for hike the prices of diesel price sparked it further. Let's hope that the inflation may down by December this year and the next year will be free from the soaring prices.


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