NEW DELHI: The Congress slammed the government on Wednesday over inflation, with opposition leader Mallikarjun Kharge saying that inflation was at its highest in 17 months and that Prime Minister Narendra Modi should remove his "Achhe Din" statement.
"At 7%, inflation is at its highest level in 17 months. I respectfully request that @narendramodi ji withdraw these 'Achhe Din' immediately. "Indians have had their fill of 'happy times.'" The Congress has been blaming the government for the rising prices by pointing the finger at the government.
According to many reports, rising food prices in the short term (summer effect, international pricing, increased transportation costs, supply chains) and ongoing input cost pressure in the non-food segment would push inflation above 6% in FY23.
According to a research by Emkay Global Financial Services, March'22 inflation rose to near 7%, representing a broad-based increase in food and non-food inflation. Higher shipping and fuel costs appear to have harmed perishable food goods. "We are unlikely to see much relief in food costs in the near future," the report continued, "as supply-chain price pressure and the summer months weigh in."
"The government should bulldoze inflation and unemployment," Congress leader Rahul Gandhi said earlier, "but the BJP's bulldozer is propelled by hatred to spread fear." "Inflation and unemployment have suffocated the country's citizens, and the government should use a bulldozer to address these issues, but the BJP's bulldozer is propelled by hatred to instil fear."
RBI likely to get quite perturbed with inflation above 6 pc in 3 quarters
India's retail inflation sped up to a 16-month high of 6.35 pc in March
