West indian people

Government’s bad economic policies have put the burden of inflation on people: Rahul



Former Congress President Rahul Gandhi on Thursday claimed that the Modi government had shown no loyalty to the country or its people and warned that inflation would rise further in the coming days.

He said the government’s “bad economic policies” have put the burden of inflation on ordinary people and it is becoming unbearable.

“There is a difference between loyalty and performance. The Modi government has not shown loyalty to the country or the people. I am talking about inflation. If you think inflation will come down in time to come, then you are wrong.. Prepare for another Modi government attack in the coming days,” he said in a Facebook post in Hindi.

Gandhi said the Reserve Bank of India (RBI) had raised the Repo rate by 0.50% and it now stood at 4.90%.

According to the RBI, inflation will rise further in 2022-23, while retail price inflation will remain at 6.7 percent, he noted.

“The government’s bad economic policies have imposed such a burden of inflation on ordinary people and it is now becoming unbearable for them. House, car, personal loans and EMI will be more expensive. I want to ask the government where should the middle class and working class people are going and how would they support their families,” he said.

Congress attacked the government on the issues of rising prices and unemployment and held it responsible for the misfortunes of the people.

(Only the title and image of this report may have been edited by Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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