Business Standard

Inflation is BJP's biggest political problem, making voters sullen

Budget 2022 needs to change opinion in the country, if only to divert attention from unemployment and inflation.


T C A Srinivasa-Raghavan
Is unemployment the BJP’s bigger problem or inflation? What should the Budget focus on?

I’d say inflation. True, it isn’t at the blistering levels of 2012 and 2013 yet. But it could get there. 

Indeed, it doesn’t need to be at those levels because the pandemic has already done so much damage to people’s incomes. Inflation at even half the rate of 2012-2014, of about 15 percent, is hurting immensely. If it goes up, as it looks like doing, it will hurt even more. 

The IMF, in its latest World Economic Outlook (WEO) released on January 25, has said that
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of or the Business Standard newspaper

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First Published: Jan 30 2022 | 11:01 AM IST

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