Saturday, 15 December 2012

Indian Inflation and Price Hike

No way to live here! Inflation has affected Indian economy severely. Price for every commodity is sky rocketing. Price for necessary commodities like rice, wheat, etc are already very high now. Don't know what will happen to them as Christmas closes. One liter of Petrol/Gasoline cost more that 70 Indian Rupees and one liter Diesel cost about 50 Indian Rupees. In Kerala, the situation is even worse. Kerala depend other states like Tamil Nadu, Andhra etc for commodities like rice, vegetables etc. They are transported 100s of Kilometers everyday to reach Kerala Market. Thus, Oil prices affect Kerala Market seriously. Actually, income to almost every family is not enough to survive today's challenges. Anyway, lets hope for the best.

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