Meet Indian Minister who Supports Inflation

Beni Prasad Verma is a minister in Congress led UPA Government of India and is perhaps he only economist in the world who supports inflation whole heartingly. Defying all laws of Economics he  asserted that Inflation has helped Farmers of Country and  he was “happy” over rising prices of food items

“We are happy with the inflation, it will help farmers… Dal, grain and vegetables are more expensive. The rising prices is a benefit. We are happy

He said the media was making a hue and cry of increasing prices. “Media kehti hai ki khane ki thali mehngi ho gayi hai… Isse fayada kisano ka hai, aur sarkar kisano ke fayda ki pachdhar hai” (Media says that cost of food plate has increased but it is benefiting farmers… and the government is in favour of farmers’ profit),” he said.

Lashing out at his rationale, the BJP accused the Congress of turning a blind eye to the common man being hit by inflation.

BJP leader Shahnawaz Hussain said, “There can be no worse statement than this. The price of farming has gone up and inflation is not helping the farmer. The Congress is far removed from the common man.”

Today, the farmers are hit by high cost of fertilisers and power. “Then how are they going to benefit by rising prices,” he said.

“The Congress talks about aam aadmi but it has drifted a long way away from them,” he said.

Earlier in February 2012, during the Uttar Pradesh elections Verma dared EC to arrest him, saying quota for Muslims will be hiked.