ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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The Elite Syndrome

WHY all this excitement over car prices? The answer is simple: the car is the new status symbol of the elite in politics, administration and business. The elite is not terribly disturbed when, as in recent months, pulses and edible oils (which have substantial weightage in the working class cost of living) become more expensive or, almost perennially, domestic substitutes for imports remain far out of alignment with international prices. Yet, come a move for higher car prices and screams ring out loud and clear for Government intervention

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