shot-button
Subscription Subscription
Home > Mumbai > Mumbai News > Article > Achhe din term needs to be archived and forgotten NCPs dig at BJP on 8 year high retail inflation

'Achhe din' term needs to be archived and forgotten: NCP's dig at BJP on 8-year high retail inflation

Updated on: 13 May,2022 11:58 AM IST  |  Mumbai
PTI |

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

'Achhe din' term needs to be archived and forgotten: NCP's dig at BJP on 8-year high retail inflation

BJP party symbol. File Pic

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.

This story has been sourced from a third party syndicated feed, agencies. Mid-day accepts no responsibility or liability for its dependability, trustworthiness, reliability and data of the text. Mid-day management/mid-day.com reserves the sole right to alter, delete or remove (without notice) the content in its absolute discretion for any reason whatsoever

"Exciting news! Mid-day is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest news!" Click here!

Register for FREE
to continue reading !

This is not a paywall.
However, your registration helps us understand your preferences better and enables us to provide insightful and credible journalism for all our readers.

Mid-Day Web Stories

Mid-Day Web Stories

This website uses cookie or similar technologies, to enhance your browsing experience and provide personalised recommendations. By continuing to use our website, you agree to our Privacy Policy and Cookie Policy. OK