Wednesday, July 30, 2008

Inflation for Indians !

3:15 AM by admin · 0 comments

Just yesterday I had paid the local grocer 44 Euros for a 20 kilo bag of rice. So whats so special about it that it deserves a post.

Just that I would have paid him 26 Euros for the same bag around September last year. Thats a huge rise in the prices. Thats not all. Earlier I could choose from a variety of rice like Andhra/Tamilnadu/Kerala cultivated. Now its only Basmati and that too Pakistan make.

If you thought that inflation in India would only be a domestic phenomenon think again, its now a global phenomenon for Indians all over.

Hence the term 'Inflation for Indians' not Inflation in India.

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