Most of the people in India are happy with the growth stories told to them by the government and corporate, however, realities are slightly different for poor and lower middle class of people. Today, there are many executives and managers in corporate world, who are earning lakhs of rupees per month, but simultaneously, there are millions of people in India living under poverty line who are earning less than 100 rupees ($2.5)per day.
While in just last three years, prices of most of the eatable items have seen 20 to 70% increases in their basic price making it difficult for people to get necessary eatable items. For example 1 litre of refined oil was costing only Rs 40 two years back and today, it is costing Rs 74 per litre. This story is true for most of the basic eatable items. On the other hand, there is hardly any increase in the earning of poor and lower middle class people, therefore, making life more difficult for them.
Though, government of India is successful in considerably decreasing the prices of electronic devices, cars, motorcycles, mobile phone etc, however, it do not have any control on these increasing prices of food items or it do not want to control it. Though, central and state government run number of programs for providing subsidised food items to poor but due to wide spread corruption most of the people fail in receiving any help.
While lower middle class do have any help available for them because neither they are poor nor they have enough money. In future also this trend will continue in same direction as there are many chances that per quintal prices of wheat increasing from Rs 1100 to Rs 1400 soon. In last few years, various governments of India have only neglected the farmers of India and due to this large numbers of famers are leaving farming to work in other segment.
This trend is causing acute shortage of large number of eatable items like cereals, oil seeds etc and causing steep increase in their prices. If government did not take necessary measures in future then it will become very difficult for large number of people live in India.
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