02/06/2008

Price rise, agitations and strikes inevitable

With the cost of crude oil escalating at a frightening speed, the UPA government has to perforce rise the price of petroleum.
Sound economics dictate increasing the prices of petrol, diesel and cooking gas, however, political compulsions have the government vacillating.
The Left parties continued intransigence, is another factor delaying the price rise.
It appears, the country is in for a bout inflation along with strikes and agitations.