 The sporadic shocking news on remorseless price hike and depreciation of Indian economy value really hurt all countrymen. Consciously regarding the cracking whip of inflation, the Reserve Bank of India has raised its repo rate to 4.5% as a remedy to bankrupt monetary policies of Central Government. However, to what extent this consciousness will be helpful for economically unstable sections, as their daily earning is overshadowed by higher expense with the prices of essential commodities rising spiral up mercilessly, is a matter of consideration. Seemingly, the dreaming an afloat life has become a night-mare. The government justification of merely Covid’19 ensued lockdown and ongoing Russia-Ukraine induced woes can’t be ratified but, deficiency of appropriate fiscal structures are also to be looked upon. The government and veterans should shore up immediate and pertinent processes to culminate the trend how much common people of the country have to bear the blunt of this apathy. |
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