Inflation spiral hits small towns hard

  • 20/06/2008

  • Times Of India (New Delhi)

"Price rise' is not just an urban, big city phenomenon as some sections of the political class would like to claim. Inflation is burning a hole in pockets of residents of smaller towns across the country from Mandi in Himachal Pradesh to Ernakulum in Kerala. With increasing urbanization, smaller towns are growing larger, encompassing rural areas whose profile is changing rapidly. While the surge in food prices