Inflation set to go up, govt must act to protect people: Rahul Gandhi

By Trend

Congress leader Rahul Gandhi on Saturday cautioned that inflation would rise further and urged the government to act now to protect the people.

Asserting that inflation is a tax on all Indians, Gandhi said record price rise had crushed the poor and the middle class even before the Russia-Ukraine war began.

"It (inflation) will increase further as: - Crude > $100/barrel - Food prices expected to rise 22% - COVID disrupts Global Supply Chain," he said in a tweet.

"GOI must act NOW. Protect people," the former Congress chief said.

Retail inflation hit an eight-month high of 6.07 percent in February and wholesale price-based inflation soared to 13.11 percent on account of the hardening of crude oil and non-food item prices, according to the government data released on Monday.

The rise in crude oil and natural gas prices after the Russian invasion of Ukraine, which began on February 24, has put pressure on the wholesale price index.