PRICE RISE CRISIS EDITION
★ UPA REGIME ARCHIVE (2004–2014) ★
PAGE 01
The Consumer & Economy Post
Across India
Date of Record: 14 January 2010
Archive Ref: #01-14-double
Policy Paralysis & Inflation
ESTIMATED LOSS: Massive erosion of middle-class and poor household savings
FOOD INFLATION SOARS TO UNBEARABLE 19.8%: COMMON CITIZEN STRUGGLES FOR MEALS
Dal at ₹100/kg, Sugar at ₹50/kg; UPA Ministers Blame Monsoon, Global Trends & People Eating More
📰 Historical Press Archival Scan • Click to Zoom
#01-14-double-digit-food-inflation-2010
In January 2010, official data showed food inflation breaking all historical records to touch 19.8%, driven by astronomical spikes in the prices of pulses (dal), vegetables, and sugar.
The UPA government's economic management completely broke down as retail inflation remained stubbornly above 10% for consecutive years.
Instead of reining in hoarding and supply bottlenecks, key ministers made callous remarks, with Agriculture Minister Sharad Pawar telling reporters: "I am not an astrologer to predict when prices will come down."
📌 Key Figures & Decision Makers
- ▸ Sharad Pawar (Agriculture & Food Minister)
- ▸ Pranab Mukherjee
- ▸ Manmohan Singh
💬 QUOTE OF THE RECORD
"I am not an astrologer to tell you when food prices will come down. It is in the hands of the market."
— Sharad Pawar
Union Minister of Agriculture and Consumer Affairs
Context: Responding to journalists on skyrocketing prices of sugar and vegetables.
📚 Primary Source Citations:
- • Wholesale Price Index (WPI) & CPI Bulletins (2009-2012) (Ministry of Commerce & Industry / RBI, 2010)
Tags:
#Food Inflation
#Price Rise
#Sharad Pawar
#Aam Aadmi Burden
#Economic Mismanagement
UPA.LOL Historical Preservation Project