City
Epaper

Kharge hits back at Centre after RBI's paper on inflation

By IANS | Updated: June 24, 2023 15:15 IST

New Delhi, June 24 Congress President Mallikarjun Kharge on Saturday took a swipe at the Centre over inflation ...

Open in App

New Delhi, June 24 Congress President Mallikarjun Kharge on Saturday took a swipe at the Centre over inflation after the Reserve Bank of India (RBI) said that the public is now spending less as a result which in turn have decreased sales.

In a tweet in Hindi, Kharge said: "When the Congress says that there is inflation, then Modiji's ministers say that 'inflation is not visible at all'. When the public says that there is inflation, then the Modi government makes excuses for supply, weather, war.

"Now the RBI of the government itself is saying that due to the inflation, the public is spending less, due to which the sales have decreased and private investment has been badly affected. This vicious cycle is fatal for our economy. Tell me (Prime Minster) Narendra Modi, how would you respond to this RBI report? Good days equals to impossible."

His remarks came a day after the RBI paper said that inflation is slowing down personal consumption expenditure, which in turn is moderating corporate sales and holding back private investment in capacity creation.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Mallikarjun KhargeNarendra ModicongresscentrePunjab Pradesh Congress CommitteeCongress PartyKarnataka CongressNationalist Congress Party Of Sharad PawarState CongressGoa CongressRashtriya Janata Dal CongressNarendra Modi Ji
Open in App

Related Stories

MaharashtraSharad Pawar Commends India's Operation Sindoor, Extends Full Support to PM Modi In Fight Against Pakistan

NationalOperation Sindoor: PM Narendra Modi Calls For All-Party Meeting On May 8 After India Strikes On Pakistan Terror Camps

CricketOperation Sindoor: "No Room For Terrorism In This World": Sachin Tendulkar Supports Indian Army’s Retaliation After Pahalgam Attack

NationalOperation Sindoor: Congress Leader Jairam Ramesh Hails Strikes, Stands With Armed Forces

NationalRahul Gandhi Dual Citizenship Row: Allahabad HC Dismisses PIL Alleging Dual Nationality

Politics Realted Stories

MaharashtraPower Struggle in Maharashtra? Gulabrao Deokar, Satish Patil Join Ajit Pawar’s NCP Amid Mahayuti Rift

Maharashtra'Unity Not Just for Elections': MNS Leader Sandeep Deshpande on Possible Thackeray Alliance

PoliticsMurshidabad Violence: Shehzad Poonawalla Slams Yusuf Pathan Over Tea Post, Says, “As Hindus Get Slaughtered…”

PoliticsTamil Nadu Assembly Elections 2026: BJP-AIADMK Join Hands, Palaniswami To Lead Alliance, Says Amit Shah

Politics‘No Injustice to Muslims’: Shiv Sena Leader Manisha Kayande Slams Opponents of Waqf Amendment Bill