P S Ramesh
10 years 10 months ago
Dear Prime Minister ji
Today RBI reduced further interest rates claiming further reduction in inflation.
But practically the rates are going up heavily.
Following are the Examples.
1.Commonly used Toor Dal it was rs 90 per kg in May now itis Rs 120 per kg increase of 33%
2.Urud Dal which was 102 per kg Now it is Rs 146/kg
3.Petrol which was 63/litre now it is 75/litre.
4. Vegetable prices are increased by 100% now compared to last month.
I do not understand the logic of Lower inflation.
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