what this fuss is all about

so finally, the happening of inevitable comes into existence.petroleum related products prises have been hiked due to global alterations in crude oil price..I remember when UPA came into power, oil was around 30-35 dollars per barrel and it was expected to reach around 190 dollars per barrel by 2020 according to previous year extrapolations.But things gathered pace much earlier than expected.It touched around 135 within a year.It is really apoint of concern for growing economy like us.we have already been hit hard by inflation,it is 8.26% as of now.,will surely shoot up after this oil price rise.
Now a pertinent question arises "who is responsible for that and to wat extent???"
I think, we indians have the tendency to react sharply when something unfavourable happens.
Thanks to the media too which adds fuel to that news which it simply cant digest.Media being the fourth pillar ofdemocracy is expected to adhere to its obligations.Off course,presentation of true picture is wat is expected of it,it does that quite effectively too,but sometimes i guess one has to compromise with their principle and belief for the benefit of others.Projecting this as" hard core issue" not only deteriorate faith in govt,but also has long lasting repercussions.
I know,price rise of basic commodity is really a serious issue which cant be avoided in any sort of way.But faith and solidarity is something which is expected of us being the citizen of a country.Things have changed rapidly during last 2 months,but UPA certainly is not 'dumbass Govt' which is not trying to curb inflation,after all elections are to be held next year.Proper time should be given to the govt before reaching out at conclusions.They really have taken steps in that regards ,results of which is expected to be seen in atleast 3 months.Simmering this issue again and again will not only aggravate the situation but also give rise to new speculations which will have aftermaths on share market(vacillating around 1550),growth projection etc.
Really hike in 50 rs per cylinder is a gr8 burden on a common man.But as everybody knows OMC are bearing heavy loss these days,a cylinder of around 780rs is given in 395rs to a common man,surely that cant be streched for too long!.
Cutting down expenses of foreign,domestic travel (though,may be ostentatious) by politicians is just like a drop in the ocean, but still initatiave has been taken and one must respect that.Being the citizen we should adopt 'wait and watch' stategy.hehe..After all,this is wat we can do till 2009(election year) :).