I have been reading a lot of newspaper recently. Have been doing so just because i have nothing better to do. I must admit i have been painted a very gloomy pictures of our economy. The recent hikes in petrol prices which were completely uncalled for have been a serious blow to the middle class of our society. And what more can be done than giving this gift at the eve of Ramadhan. I thank the day when my dad decided to get CNG fitted in our car or we would have been completely paralyzed. I mean what the heck the prices of petrol have risen more than 15 ruppees in just last one year. My trip to Islamabad cost me Rs. 400. Four hundred for 369 Kilometers. Where in the world would this happen.
Only thing that has amazed me is the absolute quiet that prevails in all circles. The comfort with which this price hike has been absorbed in this society speaks volumes of the state of affirs in this part of the world. No one really cares what happens around. This can only be due to one reason and that is extravagant excess of corruption and black money in the market. I wouldn't care if i have to pay Rs. 100 for a litre if i know i can get that money through illegal means quite easliy. Similarly if i am a businessman i will just transfer the burden to my consumer since there is no regulatory authority in this country to monitor price increase.
Only thing that has amazed me is the absolute quiet that prevails in all circles. The comfort with which this price hike has been absorbed in this society speaks volumes of the state of affirs in this part of the world. No one really cares what happens around. This can only be due to one reason and that is extravagant excess of corruption and black money in the market. I wouldn't care if i have to pay Rs. 100 for a litre if i know i can get that money through illegal means quite easliy. Similarly if i am a businessman i will just transfer the burden to my consumer since there is no regulatory authority in this country to monitor price increase.
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