'Achhe din' should be archived and forgotten: NCP on 8-year high inflation

In an attack on BJP, NCP spokesperson Clyde Crasto also sarcastically said it needs to be seen who will be blamed for the same and what will be the new diversion to hide this "failure"

inflation
Press Trust of India Mumbai
2 min read Last Updated : May 13 2022 | 1:21 PM IST

With the retail inflation rising to an eight-year high at 7.79 per cent in April, the NCP on Friday took a dig at the BJP, saying its "achhe din" poll slogan needs to be "archived and forgotten" now.

In a veiled attack on the J P Nadda-led party, NCP spokesperson Clyde Crasto also sarcastically said it needs to be seen who will be blamed for the same and what will be the new diversion to hide this "failure".

The BJP had raised the "achhe din" (good days) slogan during the 2014 Lok Sabha polls campaigning.

"India's #RetailInflation rises to 8 year high of 7.79% in April almost twice the rate targeted by #RBI which is 4%. #AchheDin, #Vikas, these words need to archived and forgotten. Now to wait and watch who will be blamed and what will be the new diversion to hide this failure," Crasto tweeted.

Retail inflation soared to an eight-year high of 7.79 per cent in April on annual basis mainly due to stubbornly high food prices, remaining above the RBI's upper tolerance level for the fourth month in a row.

Inflation based on the Consumer Price Index (CPI) was 6.95 per cent in March this year and 4.23 per cent in April 2021. Inflation in the food basket rose to 8.38 per cent in April from 7.68 per cent in the preceding month and 1.96 per cent in the year-ago month.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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Topics :Nationalist Congress PartyBharatiya Janata PartyIndia inflation

First Published: May 13 2022 | 1:21 PM IST

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