Besides many several other slogans it was soaring prices that was the plank used by the Modi led wave in the country to form the government. This was the tool massively used by the promoters of Modi wave as this was the major area that cost the UPA their government. The opposition mainly the Congress Party is all set to use this very tool against the Modi government to destabilise it at least if not topple them. Scenario on soaring prices stands more aggravated compared to what it was prior to Modi government taking over and the mammoth popularity which Narendra Modi was able to acquire has started getting eroded and it is leading the people to feel disillusioned. If such a discontentment is not controlled by initiating peremptory measures to curb soaring prices, there is every likelihood that it worsens further and may be the resentment on that count proves to be a Waterloo for the government led by Narendra Modi.