Anti-inflation recipe

Talk of giving subsidies to low-income families may strike a deep chord in the minds of the public anxious about the rising rate of inflation.

Yet, such a move is neither practical nor effective enough to deter inflationary pressures, which seem to be rising more rapidly than what the official CPI numbers indicate.

The National Development and Reform Commission (NDRC) suggested at a recent national conference that such a subsidy be doled out to low-income citizens.