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Modi Government can take a big decision to give relief to the common man from the inflation

Sunday - January 19, 2020 11:34 am , Category : BUSINESS
Preparation to keep potato, onion, and tomato under the PDS
Preparation to keep potato, onion, and tomato under the PDS

…So now potatoes, onions and tomatoes to be sold at government ration shops

JAN 19 (WTN) - A common middle-class Indian man has to compete with the inflation in his entire life. From petrol-diesel to groceries and vegetables to common essentials, the budget of a common man is disturbed due to the inflation. But as far as vegetables are concerned, vegetables are needed every day in the kitchen. But you are aware that due to expensive vegetables and especially expensive onions, there has been political upheaval in the country. The expensive onion has been a very big issue for the opposition against the ruling party, on which the opposition keeps the government in the cage.
 
In fact, vegetables such as onions, tomatoes, and potatoes have been used in almost daily meals, and hence it’s being expensive to disturb the monthly budget of a middle-class family. Explain that prices of perennial vegetables like onions, tomatoes, and potatoes continue to be affected due to natural disasters like floods and droughts, and some other reasons, including transportation, is expensive, and due to anyone reason, the vegetables become expensive. But to give relief to the common man from inflation, the Modi government may soon take a big decision regarding these vegetables.

According to information received from the media, the NITI Aayog has suggested to the Central Government that they should put vegetables like onions, tomatoes, and potatoes under the PDS to control the prices. And this time in the budget, Finance Minister Nirmala Sitharaman may propose some such policy to deal with inflation-related to food items, in which prices of potato, onion, and tomato can be controlled.
 
Actually, it is very important to food items’ being cheap because according to one figure, a common person spends about 40 to 50 percent of their expenditure on food and drink. Now, if the food items will be expensive, then the monthly budget of the common person is disturbed. For your information, let us know that retail inflation has reached ay the highest level of 7.35 percent in the current financial year in December due to costlier vegetables including onions and potatoes.
 
As we told you, potatoes, onions and tomatoes are among the most important vegetables of a common Indian kitchen. From time to time the expensive onions put a lot of pressure on the governments due to the pressure of the public and the opposition. And that's why the Modi government is thinking of bringing essential vegetables like onions, potatoes, and tomatoes under PDS. It may be that the vegetables like onions, potatoes, and tomatoes are now under government control so that their prices can be controlled and their cost does not spoil the monthly budget of the people.
 
Actually, the NITI Aayog believes that bringing potatoes, onions, and tomatoes under the PDS cannot only control its price fluctuations but also the subsidy that can be used is provided by the government on this front. Maybe in her budget speech this time, the finance minister will only mention the outline of the new system bringing potatoes, onions, and tomatoes under the PDS and work will be started later on to implement the plan in the next financial year.
 
For your information, let us know that the NITI Aayog has suggested a permanent solution to deal with the fluctuations in prices. NITI Aayog believes that due to the lack of coordination between the central and state governments, the common people have to face inflation. According to a research report by the country's largest bank, State Bank of India, inflation based on the Consumer Price Index (CPI) for the month of January can go up by 8 percent, given the increase in the prices of vegetables, but if vegetable prices are in control then it is expected to moderate the Consumer Price Index (CPI) based inflation.