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Admin Reporter- Ajay

Jan 14 2020


Falling economy is a big threat to the country: Chidambaram

Delhi,14,January,2020

 

Senior Congress leader P Chidambaram on Tuesday targeted the Narendra Modi government for raising the retail inflation rate to 7.35 per cent and said the declining economy is a major threat to the country. The former Finance Minister tweeted, "The country is affected by the anti-CAR demonstrations. Both present a clear and present danger. The falling economy is a major threat to the country. If unemployment rises and income declines, there is a danger of an outburst of anger among youth and students. "He said," Food inflation is 14.12 percent. Vegetable prices have gone up by 60 percent. Onion prices are more than Rs 100 per kg.

 

 

This is the good day promised by the BJP. "Chidambaram alleged," The cycle of inefficient management is complete. In July 2014, Narendra Modi's government started with inflation at 7.39 per cent, which was 7.35 per cent in December 2019. "Significantly, the retail inflation rate reached a high of 7.35 per cent in December, 2019. has gone. This is much more than the satisfactory level of the Reserve Bank of India. The rise in food prices has led to a spurt in retail inflation.

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