BJP smells victory in the next election as Congress party led UPA coalition fails to control hyperinflation.
Sonia Chopra
Apr. 7, 2008

The rising prices of basic foodstuffs are the latest sign that inflation could become the major issue for voters ahead of general elections. It is hurting the common people badly. The Dalal Street of India (Sensex index) is also vulnerable as because of ongoing hyperinflation.

"Inflation is breaking records," said Mukhtar Abbas Naqvi, BJP vice-president. "The inflation policies of the central government are weak on this. It will be a major electoral issue."

"The government is going to pay a high political price (for inflation)," said D Raja, a senior leader of the CPI. Rising international commodities prices on speculation, surging demand in Asia, bad weather and biofuels have helped fuel inflation in India, already suffering from local supply bottlenecks from heavily regulated markets. BJP, the main opposition party, now smells victory in the upcoming general election. The switch of power will be defined by the failure of the ruling party in controlling inflation and selling out Indian national interests to the Western power bases.

BJP smells victory in the next election as Congress party led UPA coalition fails to control hyperinflation.
Sonia Chopra
The rising prices of basic foodstuffs are the latest sign that inflation could become the major issue for voters ahead of general elections. It is hurting the common people badly.
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