India's inflation accelerates to 17 month high
With development in every aspect of living, inflation is also at its peak.
- India retail inflation has reached a 17 month high with a little respite to be seen in the coming month Amid a surge in oil prices.
- Consumer prices rose 5.21% in December from earlier year, the statistics Ministry said in the statement.
- This rise of inflation is not likely to increase the salary/wages as demand for jobs is already at its peak in INDIA and unemployment is also emerging as a huge problem.
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Have a nice day, till next time see ya.... @singhrajat ☺
Great post, as always! :)
Btw, where do you live in India?
Thnx buddy , I am from M.P.
Awesome! I am also from M.P. But now got settled in Kota, (Raj).
Can we become friends on fb?
The same incident is now happening in my country of Aceh, hopefully in the future the government will prioritize job opportunities for unemployment
One vote for you.
Oh! Seems like it's a problem with all developing countries. I think our education system need to be change to produce more entrepreneur minds. I guess indonesia is already optimising that aspect
Indonesia has applied that aspect, but to reach the western part of the country Indonesia there is still no sign, and we really hope the central government to care about the state of youth with no work location.
This is really bad news for the teeming population of India. Things get more difficult.
Nice post this is exactly the same scenerio here in Nigeria .ecnomic eecession and high inflation rate but the government of the day is doing little or less to arrest the situation . India is not alone in this.myhanks for sharing
Progress in developing nations is a vicious circle. Things which stop progress are waiting for progress to happen. It is a deadlock. I think literacy is the only solution for nations growth. It does take time but gives assured results.
gracias por compartir muy buena información
Gran post amigo,saludos desde venezuela.:)
It is well with us all
7.60% @pushup from @singhrajat
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