December 27, 2024 10:36 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
I have lost a mentor and guide: Rahul Gandhi writes on Manmohan Singh's demise | Manmohan Singh left strong imprint on our economic policy over years: PM Modi | A rare leader who spoke softly but achieved monumental strides: Gautam Adani mourns Manmohan Singh's death | Instagram influencer and freelance RJ Simran Singh dies by suicide in Gurugram | Anna University sexual assault case: Accused is a DMK worker, claims BJP's Annamalai | Celebrities too responsible for crowd control: Telangana CM Revanth Reddy to Telugu filmdom amid Pushpa 2 stampede row | Boat capsizes off Calangute Beach in Goa; 1 killed, 20 rescued | Canada announces change to immigration system, likely to impact Indians seeking permanent residence | Azerbaijan Airlines tragedy: 32 passengers rescued, flight attempted several emergency landing before crashing | Man sets himself on fire near Parliament building; locals, police rush him to hospital
Inflation
Image credit: Rahul Gandhi Facebook

Record price rise crushed poor and middle class: Rahul Gandhi targets Modi govt

| @indiablooms | Mar 19, 2022, at 05:17 pm

New Delhi/UNI: Raising concerns over the rising inflation, Congress leader Rahul Gandhi on Saturday said the record price rise has crushed the poor and the government must act now to protect them.

Asserting the "inflation is a tax on all Indians", he said record price rise has crushed the poor and middle class even before the Ukraine war began.

"It will increase further as: - Crude > $100/barrel - Food prices expected to rise 22 per cent - COVID disrupts Global Supply Chain" he tweeted.

"GOI must act NOW. Protect people," he said.

India's retail inflation stood at 6.7% in February from 6.1% in January, the highest since July 2021.

High inflation has come on the back of higher food and beverage prices. Food prices saw an upward trajectory, with inflation measured by the Consumer Food Price Index rising to 5.85 per cent in February from 5.43 per cent in January.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.