Tuesday, September 27, 2022
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Don’t feel guilty! Public’s condition worsens due to rising inflation but ‘all is well’ for Rajnath


New Delhi: Inflation is increasing. In the data released recently, the wholesale inflation rate crossed 15 percent. This has happened for the first time since 1998. Retail inflation is already at an 8-year record high. The public is suffering due to inflation, this was also revealed in a survey by IANS-C Voter. In Assam, West Bengal, Tamil Nadu and Kerala – and the union territory of Puducherry – more than a third of people surveyed cited rising prices as the main issue. Here, Defense Minister Rajnath Singh’s advice to BJP workers is to ‘not feel guilty’ over rising inflation. Speaking to BJP workers in Pune, Singh said that the supply chain has come to a standstill due to the Russo-Ukraine war. Inflation has increased in many countries but we should not feel guilty.

Don’t feel guilty: Rajnath
Singh said in Pune that even rich countries like America are affected by inflation. Rajnath said, ‘The debate about rising inflation is going on … the entire country had come to a standstill during the Kovid-19 epidemic. But Prime Minister Narendra Modi did not allow the condition of the economy to deteriorate and we should appreciate it. Due to the Russia-Ukraine crisis, the global supply chain has been disrupted and import-export has been affected. In this situation, it is clear that it will have an impact on any country. You will be surprised to know that in America, which is the wealthiest country, inflation is at its peak in the last 40 years. We should not feel guilty.

According to data released by the Reserve Bank of India, the retail inflation based on the Consumer Price Index stood at 7.79 per cent in April, while the wholesale rate of inflation stood at 15.2 per cent.

Inflation, unemployment major cause of concern: Survey
In the last one year, the prices of LGP, petrol-diesel, CNG to cooking oil, food items have increased. According to the IANS-C Voter survey, price hike is the major problem, followed by unemployment and corruption. When asked what according to you is the most important problem, 43 per cent of Puducherry people said price rise, followed by Kerala (37 per cent), Tamil Nadu (35 per cent), Assam (34 per cent) and West Bengal (25 per cent). is the location. According to the survey, even though incomes have either declined or remained stagnant for the past one year, Indian households seem to be caught in the cycle of rising expenses.

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