Inflation directly affects our day-to-day life, said Vishwas Utagi at Loksatta Loudspeaker event in Mumbai. Inflation is all over the world but it depending upon economic policies accepted by respective governments. Today’s upper middle class and middle class are not affected by inflation. Rather I would say, in this country middle class is a beneficiary of inflation, said All India bank employee union secretary Vishwas Utagi. In liberalization process, consumer oriented market has not developed in this country and state government don’t have any plan for it, which is the basic reason of inflation.