Tame inflation before it turns into anger
The Government must act swiftly to protect purchasing power before the squeeze on livelihoods turns into wider economic and political discontent
One thing that affects every Indian more than anything else is the rising cost of everyday living. There may be many other issues, but none has a more immediate effect on citizens than inflation. It not only destabilises the budget of an ordinary citizen but also causes anger, which can quickly turn into outrage.
India’s retail inflation has risen every month this year. From 2.74 per cent in January, the Consumer Price Index reached 5.54 per cent in September, the highest reading of 2026 and well above the RBI’s 4 per cent target.
Food inflation leapt to 7.74 per cent, with........
