Inflation Soars: Congress Criticizes Modi Government
The Congress party criticized the Modi government over rising inflation, highlighting the gap between promises like the bullet train and the escalating costs of essential goods. Prices of essentials like flour, oil, and spices have reportedly doubled, impacting the common person's purchasing power significantly.
- Country:
- India
The Congress party on Monday criticized the Modi government over the surging prices of essential goods, stating that while the promised bullet train has not materialized, inflation is rapidly affecting the common population faster than any promised developments.
Congress communications head, Jairam Ramesh, took to social media, citing a media report that illustrates a stark increase in the prices of everyday necessities such as flour, oil, and spices, which have notably doubled over the past year.
Ramesh implored that the government's response should not be empty rhetoric, but rather concrete answers, as citizens face unbearable economic strain under the rising inflation, contrary to the 'achche din' or 'good days' that were promised.
ALSO READ
-
ADB Approves $1.5 Billion to Protect Philippines From Conflict-Driven Price Hikes
-
Malawi’s Fragile Recovery Faces Jobs Test; Debt and State Firms Strain Economy
-
Asia’s Growth Slows to 5% as Energy Shocks and El Niño Put Regional Recovery at Risk
-
Asian Stocks Surge Amid Global Inflation Concerns
-
Yen's Dive Post-BOJ Rate Hike: Market Watches for Next Moves
Google News