Modi government adding salt to injury by keeping commodity prices high: Congress
The Hindu
All India Congress Committee spokesperson Supriya Shrinate says the latest reading of inflation figures is alarming
All India Congress Committee spokesperson Supriya Shrinate on July 14 claimed that high prices are adding salt to injury, especially during an unprecedented pandemic, as people battle both the dreaded coronavirus and the Modi government’s callous mismanagement of the economy. Addressing reporters at the party office in Bengaluru, she said the latest reading of inflation figures is alarming. Retail inflation was nearly 6.3%, well above the RBI’s target of 6%. The urban consumer price index (CPI) has risen from 5.91% in May to 6.37% in June. Core inflation (which excludes both fuel and food) has moved up steeply in a month from 5.5% to 5.8%. Food inflation was at 5.58%. Pulses inflation was at 10.01%. Fruits inflation was at 11.82%, while oils and fats inflation was at 34.78%.More Related News