Is the central government clueless about price rise?

ashishs

Ashish Sharma | February 12, 2010



On a Mahashivratri when milk prices have been hiked yet again within a few months, it is a matter of concern that prices might rise substantially even from here on by summer. Just as in the case of other essential food products, milk prices have already risen beyond the reach of the average consumer. Meanwhile, the central government has been busy either trying to wish away the crisis by promising an end to the upward spiral every few days, or blaming the global demand-supply mismatch, or even blaming the state governments that they have failed to do their bit.

What the central government has not done is to fix the responsibility within its ranks. Is it a supply side issue that needs to be addressed by the food ministry and the agriculture ministry? Is it a monetary policy issue that needs to be handled mainly by the finance ministry? Or is it an emergency situation that requires all ministries concerned to work in tandem under the direct supervision of the prime minister himself?

It would help, of course, if anybody in the government could answer in the affirmative to any of the questions raised above and get down to addressing the issue. Which is why, the more fundamental question remains: is the central government clueless about price rise?

Comments

 

Other News

How Rafi, Raj Kapoor helped pave the way for a great uranium deal

There`s a certain moment in diplomacy that`s too personal to be captured in a communiqué, too small to make the front page, but more revealing than the front page. This week, prime minister Narendra Modi reached Tashkent and, amid the pomp of state visits, managed to evoke the old Bollywood tunes

Distinguishing Fish 1 and Fish 2: The pragmatism behind India’s WTO ratification

 India became the 123rd WTO member to ratify the multilateral Agreement on Fisheries subsidies (AoFS) when it deposited the Instrument of Acceptance for Phase 1 on July 20, 2026. The ratification is restricted to disciplining Illegal, Unreported and Unregulated fishing (IUU), protection for overfished

The 7% growth problem: Why the next 7% will be harder

India has become accustomed to hearing the 7% growth number. It is now less a milestone than an expectation. Yet the paradox is becoming clearer: maintaining 7% growth may be considerably harder than achieving it once. India’s real GDP grew 7.7% in FY2025–26, following growth of 6.5% in FY202

The Constitution cannot be altered: Justice Abhay Oka

Justice Abhay Oka, who retired from the Supreme Court in May 2025, has said that the Constitution of India cannot be altered. Explaining the landmark Kesavananda Bharati judgment (1973) on the basic structure of the Constitution, he said, “This is one judgment that has saved democracy in India.&rdq

How the flora and fauna evolved in the Indian subcontinent

Mammals of India  By A.J.T. Johnsingh and P.O. Nameer HarperCollins India in association with Bombay Natural History Society  

India`s renewable race is moving beyond megawatts

When Shell bought Sprng Energy in 2022, India`s renewable energy market appeared to offer precisely what global energy majors were seeking: scale, growth and a place in one of the world`s largest energy transitions. Four years later, Shell is selling the same business to Aditya Birla Group for an enterpris

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter