Enough is enough…!!

Plea to the decision makers, allow us to lead a stable and smooth life, don’t give us financial jitters every when and then…!!! Adopt some measures which are really giving results and drop the myopic way of looking the things.

Yes they did it again… They applied the same conventional old formula of matching inflation with interest rates, RBI firing on all cylinders. Since last few months we have seen increase in the benchmark rates every when and then with an objective to tame the inflation. Even after an increase of the benchmark rates ten times in series inflation is far above the comfort level. I’m sure that there might be other ways also to tackle inflation, which probably they are not exploring or didn’t want to explore.

Prices of commodities are on fire; if the commodities prices are to be brought under control then supply has to increased, is it a very difficult equation to understand for the decision makers. We have leaders for issue related to black money and corruption but no leaders for this issue…

I wish and pray that someone takes a lead in drawing a national level attention to this issue. Cost of living has really gone multifold and it going very difficult for common man to make his ends meet. On top of it, if one has financial obligations like housing loan etc. then the situation even worsens. With rising interest rate the obligations and tenure of obligation increases and on the other side the inflation dents the money value of rupee.

How one can adjust to the extra money required to honor the liabilities and support the livings. Rising interest rate will not only leave borrowers bleeding but also will dilute the economical growth in a longer run, defaults are bound to shoot up. A borrower carries some internal projections for the financial liabilities, but with rising interest rates the projections are going haywire

It’s a mere inefficiency of the government to tackle the issue because of which life of common man is getting ruined. Why a common man needs to pay for inefficiency of the government? Plea to the decision makers, help us in leading a better life…!!! Is someone addressing…!!!

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