Is Chidambaram right in chiding the urban middle class for bemoaning price rise?

GN Bureau | July 11, 2012



Union home minister P Chidambaram chided the urban middle class for bemoaning soaring prices of fuel and essential commodities. He said, “When the urban middle class can buy a bottle of mineral water for Rs 15 and ice-cream for Rs 20, why do they make so much noise about price rise?” He justifies price rise by saying it has directly benefited farmers.

The increase may have done good to the farmers but it has affected the urban middle class who is being taxed for buying anything. They, too, contribute to the economy and putting more pressure on them does affect their earnings. At the same time, big companies and corporate houses enjoy unexplained favours and tax exemptions? While robbing Peter to pay Paul can be justified, robbing Peter's very first cousin to pay Peter does not seem a wise strategy. 


 

Comments

 

Other News

‘The Civil Servant and Super Cop: Modesty, Security and the State in Punjab’

Punjabi Centuries: Tracing Histories of Punjab Edited by Anshu Malhotra Orient BlackSwan, 404 pages, Rs. 2,150

What really happened in ‘The Scam That Shook a Nation’?

The Scam That Shook a Nation By Prakash Patra and Rasheed Kidwai HarperCollins, 276 pages, Rs 399 The 1970s were a

Report of India’s G20 Task Force on Digital Public Infrastructure released

The final ‘Report of India’s G20 Task Force on Digital Public Infrastructure’ by ‘India’s G20 Task Force on Digital Public Infrastructure for Economic Transformation, Financial Inclusion and Development’ was released in New Delhi on Monday. The Task Force was led by the

How the Great War of Mahabharata was actually a world war

Mahabharata: A World War By Gaurang Damani Sanganak Prakashan, 317 pages, Rs 300 Gaurang Damani, a Mumbai-based el

Budget expectations, from job creation to tax reforms…

With the return of the NDA to power in the recently concluded Lok Sabha elections, all eyes are now on finance minister Nirmala Sitharaman’s full budget for the FY 2024-25. The interim budget presented in February was a typical vote-on-accounts, allowing the outgoing government to manage expenses in

How to transform rural landscapes, design 5G intelligent villages

Futuristic technologies such as 5G are already here. While urban users are reaping their benefits, these technologies also have a potential to transform rural areas. How to unleash that potential is the question. That was the focus of a workshop – “Transforming Rural Landscape:

Visionary Talk: Amitabh Gupta, Pune Police Commissioner with Kailashnath Adhikari, MD, Governance Now


Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter