Syndicate content

Add new comment

Submitted by Ram Bansal, the Theosoph on
I won't say for the whole of south Asia but certainly can say the hyper-inflation in India is a product of political and administrative corruption, which provides huge purchasing power to about 15 percent population of the country. This population makes a huge market for local and foreign producers of luxury goods, and they buy things at whatever price. 85 percent of population is suffering in the culprit hands of these 15 percent.