Inflation hits politics - Daily News & Analysis

Inflation, it is said, is the bane of the common man today. Inflation is basically the incremental amount you need to pay to procure the same set of goods and services that you would have procured cheaper say a year, two years or even a decade earlier. Political parties, especially in the opposition too are experiencing inflation — albeit of a different kind. With the same formula and effort of the last decade, they find that their returns are diminishing; their space is shrinking.

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The driver of this new inflation is the Congress leadership team, which is silently changing the rules of the game. Since India’s economic liberalisation began in 1991 the social segment that has seen the greatest opportunity for growth is the lower middle class and the middle class. Their dynamic growth has meant that this segment has a continuously growing and changing list of aspirations. This class is the bhadralok that influences the opinion of many vocal sections of the society. VP Singh had cast his charm on them in the late 80s and the BJP in the 90s.

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