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Cut down

Inflation is the overall increase in the cost of products and services. Increase in taxes and fees leads to inflation. When the cost of business increases, the prices of products increase with no commensurate increase in the income. Employees are forced to search for better paying jobs or work relentlessly hoping their employers will hike their salary. The ever increasing inflation has forced the common man to borrow money from banks and other financial institutions. The consequences? People have to live with indefinite debts or either have to cut down their expenses. We need to see whether our politicians are finding ways to solve the problem of inflation that makes survival tough . The government needs to take proper and urgent steps to resolve the issue.

G. Rajeshgopal,

O.F.T. Estate, Tiruchi-16.

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