I was somewhat stunned to read the following two statements of our Prime Minister made to the media at Cannes.
1.About rising prices.
"Though rising food prices at home were a matter of concern, but high prices were reflected in the prices of secondary and tertiary commodities like pulses, fruits, vegetables, meat and poultry, and not in primary articles like rice and wheat. Such price rises were fuelled by increasing consumption that needs to be viewed as a sign of growing prosperity."
2.About concerns regarding black money.
"I am no astrologer to predict when and how much money could be brought back to India or the quantum of funds stashed abroad. I don't know the magnitude of black money. We don't have a fool-proof mechanism to bring this money back to India."
Now what do we infer from these statements?
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