Congress criticises Centre as retail inflation hits two-year high
The opposition party described the current economic situation as an inflationary earthquake rather than Amrit Kaal.
The Congress party on Friday criticised the central government over retail inflation reaching a two-year high of 6.09 per cent. According to a report by The Times of India, the opposition alleged that households are struggling with budgets as the cost of food and daily necessities continues to rise.
Congress general secretary Jairam Ramesh stated on X that prices for daily essentials have spiralled out of control under the Modi government. He claimed that the government's policies have negatively impacted ordinary people.
Ramesh noted that prices increased across 11 of the 12 consumption categories. He highlighted that food inflation has reached 8.94 per cent, specifically mentioning that onion prices rose by 116 per cent, garlic by 60 per cent, and ginger by 48 per cent.
The Congress leader also pointed to rising costs for items such as flour, cooking oil, ghee, milk, pulses, and soap. He expressed concern that companies might reduce product quantities while prices increase.
Ramesh further warned that potential interest rate hikes could increase the financial burden on households by making loans and living expenses costlier. The Congress had also criticised the Centre on Thursday regarding the rising cost of essential commodities.
