New Delhi: Senior BJP leader and Union Finance Minister Nirmala Sitharaman spent a busy day in Tamil Nadu capital Chennai from morning till night on Saturday. Nirmala, who had completed all her programs on time, stopped for the night at Mylapore market in the city. On this occasion, he talked to the vegetable traders of the market. Asked him about the problems he was facing.
Later she stopped at a shop and bought vegetables. Nirmala went to buy vegetables with a basket. People are commenting on social media on the video of the Union Minister staying in the vegetable market and buying vegetables.
During her day trip to Chennai, Mrs. @nsitharaman Stopped at Mylapore market where he interacted with vendors and local residents and also bought vegetables. pic.twitter.com/emJlu81BRh— NSitharamanOffice (@nsitharamanoffc) 8 October 2022
Few Glimpses from Mrs. @nsitharamanVisit to Mylapore market in Chennai. https://t.co/GQiPiC5ui5 pic.twitter.com/fjuNVhfY8e
— NSitharamanOffice (@nsitharamanoffc) 8 October 2022
Inflation in India has been increasing continuously for the last several months and this can be attributed to various reasons such as increase in the prices of food and oil etc.
However, most importantly, the sharp depreciation of the rupee against the dollar is one of the most important reasons behind it.
India’s retail inflation rose from 6.71 per cent in July to 7 per cent in August and was on account of a rise in food prices. In fact, retail inflation has been beyond the Reserve Bank of India’s (RBI) tolerance limit of 6 per cent for eight consecutive months.
The rise in food prices has led to an increase in retail inflation and this is evident from the fact that inflation in the food basket was 7.62 per cent in August, from 6.69 per cent in July and more than doubled from 3.11 per cent in August 2021. ,