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Government Antics: Petrol Up & Inflation Down

SAMAA | - Posted: Mar 14, 2014 | Last Updated: 8 years ago
Posted: Mar 14, 2014 | Last Updated: 8 years ago

On March 11th, when finance minister Ishaq Dar gave us the glad tidings that rupee appreciation against dollar will help ease inflation, many of us felt pregnant with hope. However, the “good news” turned out to be a hoax played by the government to challenge common man’s sensibilities or perhaps soothe him from one end before scorching him from the other.

Today, when Nepra increased the tariff for consumers by Rs.2.24 per unit on fuel price adjustments done in January, it gave us one of the biggest paradoxes of our times. One that eases inflation on us while the petrol goes up.

In a way, it has in fact turned an inversely proportional relationship into a directly proportional one. And surprisingly, it took no complex mathematical formula for the higher ups to make such a huge transformation; instead a few vacant words just did the trick.

Now I surely need to inverse my ideals. As against the previous phenomenon, now with the rise in petrol prices, my electricity bills will decrease, transport will cost me less; to sum up, the general price of everything will go down.

I understand the government perceives common man’s IQ as low as nil, and believes in feeding empty stomachs with heavy figures, it’s about time they make a little revision in their perspective.

A common man is least concerned with rupee coming down or a phenomenal rise in GDP. To be honest, this is nothing but trash for those trampled by soaring price tags on food items, children’s school fees, transport cost and the list is endless. In short, a common would call a drop in GDP good news if it comes packed with a decrease in petrol price.

Stuffing people with figures wouldn’t satiate their hunger, feeding them food would. And in difficult times such as these, such jokes don’t make people smile, they simply make them fume in fury and rage. Period.

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