“Whereas inflation is on the rise, the BJP authorities is deceptive the individuals by presenting a false image earlier than the nation,” Congress’s state unit chief spokesman Atul Londhe mentioned in a press release.
The costs of important commodities have skyrocketed within the final four-five years. In a metropolis like Nagpur, an LPG fuel cylinder, which might as soon as price Rs 410, has gone as much as Rs 1,100; the value edible oil has gone up from Rs 70 to Rs 200 a litre, of CNG from Rs 36 to Rs 90 per kg, he mentioned.
The costs of petrol and diesel have crossed the Rs 100-mark a way back. Greens are additionally turning costlier. Inflation is on the rise and the widespread man is being burdened below it, Londhe added.
The scenario in India is much like what it was within the crisis-hit Sri Lanka three years in the past and if steps are usually not taken in time contemplating the gravity, it won’t take lengthy for the scenario within the nation to change into explosive, he claimed.
“However the authorities is taking part in with the numbers to color a incorrect image that inflation is below management. Makes an attempt are being made to indicate that inflation has come down by lowering some meals grain figures. The federal government can present a false image by taking part in with numbers, however in actuality the scenario could be very completely different,” he mentioned.
At present, India’s debt has risen to 92 per cent of the Gross Home Product (GDP). The federal government should repay a debt of USD 267 billion by subsequent month. The federal government just isn’t permitting these details to return out within the public area, he added.
“The federal government is bringing non secular points to the fore to divert consideration from the true and urgent points. However it’ll price us dearly. The Congress social gathering is protesting in opposition to the Centre’s incorrect insurance policies and the federal government ought to deal with the essential problems with the individuals in a well timed method, in any other case severe penalties should be confronted,” Londhe mentioned.
Sri Lanka, a rustic of 22 million individuals, is below the grip of an unprecedented financial turmoil, the worst in seven many years, leaving thousands and thousands struggling to purchase meals, drugs, gas and different necessities.