PM Modi Criticized Over Soaring Tomato, Onion, and Potato Prices
The Congress party criticized Prime Minister Narendra Modi over the rising costs of tomatoes, onions, and potatoes. They argue his policies have failed, leading to inflation rates for these staples to soar. The government allegedly considers excluding food prices from inflation measurement amid stagnant wages and high unemployment.
- Country:
- India
Congress has criticized Prime Minister Narendra Modi regarding skyrocketing prices of tomatoes, onions, and potatoes, a stable part of the Indian diet.
They argue that Modi's failure to control inflation is impacting the poorest, with vegetable inflation reaching alarming levels of up to 161.3 percent for tomatoes.
Retail inflation has breached the Reserve Bank's tolerance level, a sign of struggling consumption, stagnant wages, and high unemployment in the country.
(With inputs from agencies.)
- READ MORE ON:
- inflation
- food prices
- Congress
- Modi
- vegetables
- economy
- RBI
- India
- retail inflation
- food inflation
Advertisement
ALSO READ
RBI Rate Cuts Unlikely Amid Persistent Inflation: SBI Report
Germany's Political Shake-up: A Silver Lining for the Euro Zone Economy?
Govt Unveils New Tax and Social Policy Work Programme to Strengthen Economy
RBI Names SBI, HDFC, ICICI as Key Systemic Banks
Samantha Harvey Wins 2024 Booker Prize for 'Orbital'