- Jul 2, 2010
Most people don't vote on ideology, its inflation which ultimately makes you win or loose an election. UPA2 lost primarily because of high inflation.Buy? You think buying a new vehicle is child's play for a middle class family? My car is just 4 yrs old and if I sell it to buy a new one, I would barely get Rs.3.5 lakh (if lucky), and would have to shell out another Rs.7 lakh for EV(given only Nexon is worth buying one). Sorry, even though the expense can be manageable and wont break my bank, it would still be an unnecessary expenditure.
Now, the point is not my trouble with petrol price. I can manage and extra Rs 3k per month isn't going to break me. But, I am relatively comfortable finance-wise. What about those who are not? Even motorbikes run on petrol and a huge majority of low income group people depend on motobikes to commute.
Newsflash, there has been almost nil growth of salary in unorganised sector and full chance of losing job if an employee fails to commute. The bikes and public transport are their lifelines. Every single thing has gotten expensive.
The stiff inflation in everything is wearing thin people's patience. But, I guess some people are too busy inaugurating Boy's hostel to notice that.
One reason why Modi won 2019 with a bigger majority was very low inflation. Continuous high inflation will turn public mood despite contrary gyan by masterstrokevaadis