INFLATION RISE

INFLATION HAS RAISED ITS POINTS TO 4.35% BOOM IN THEIR COURSE DURING LAST SIX MONTHS. BANKER OF BANKS (RBI) HAS BEEN MONITORING THE INFLATION THROUGH ANALYSING WITH FUEL COST, CLIMATIC CONDITIONS,TAXATION POLICIES,AND CRR. ON OTHER END RBI HAVE TO AUDIT WHAT IS THE INFRASTRUCTURE DEVELOPMENT, PUBLIC SERVICES AND REVENUE COLLECTION EXECUTED DURING THIS PERIOD.ALL THESE ASPECTS ARE TO BE MONITORED AND AUDITED THROUGH BALANCED TIME TO TIME POLICIES TO BRING THE SETTED GOAL OF GDP VALUE FOR CURRENT FINANCIAL YEAR.NOW THIS TIME TO GOVERNMENT TO THINK ABOUT SHELLING OUT NEXT SLICE OF HIKE IN DEARNESS ALLOWANCE TO TACKLE INFLATION FOR THE COMMON MAN. INFLATION HAS TO BE CONTROLLED THROUGH ONLY SHORT TERM REVIEW POLICES WHICH WILL GIVE CLOSE EXAMINATION OF LATSET FINANCIAL DEVELOPMENT AND POLICY EXECUTION.