Advertisement

Help
You are here: Rediff Home » India » Business » Message Board
Search:  Rediff.com The Web
Advertisement
  Discuss this Article   |      Email this Article   |      Print this Article

Are you happy with UPA's economic performance?
Get Business updates:What's this?
Advertisement
May 23, 2007

The UPA government completed three years in power on May 22. The government faces severe criticism on its inability to control rising prices.

The Opposition parties have termed UPA's three years as 'tearful' for the common man.

The UPA reign has seen prices of agricultural commodities rise to all-time highs.  Prices of essential commodities like pulses, wheat, milk and edible oils have seen a jump of 40-100 per cent over the period, pushing inflation to a record high.

The Reserve Bank of India has raised its key lending rate five times in less than a year to contain inflation. Housing loan rates have also seen a sharp rise. The prime lending rates is now around the 13% mark.

The price of petrol and diesel have been hiked six times in the UPA's three-year rule. Agriculture growth slowed down from 6 per cent in 2005-06 to 2.7 per cent the year after.  

Do you think the government can curb rising prices and boost the economy? How would you rate the UPA government's performance? How have you been affected?

On a scale of 1 to 10, how would you rate the economic achievements of the government? Tell us


 Email this Article      Print this Article

© 2007 Rediff.com India Limited. All Rights Reserved. Disclaimer | Feedback