Wednesday, January 12, 2011

Need to tame inflation

   this refers to the editorial 'agri reform to tame inflation'{ET,jan13}.the author has rightly stated that  agri-reform is essential to surface  problem of food inflation.besides higher rates and less spending could tackle food inflation.moreover India can adopt  intensive techniques in production which is basically practised in Japan and USA.this would ultimately minimize capital input keeping the same labour force.moreover the production of economic goods would act as a silver lining in increasing the agricultural exports.the co-operation of public and private sector is a key factor in escaping the food wage spiral.

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