New Delhi: The Congress on Saturday accused Prime Minister Narendra Modi of presenting the country “a gift of inflation” in the New Year and cited 13 indicators where, it said, inflationary pressures would mount.
“On the first day of 2022, the government gave a New Year gift to all of us in the form of new inflation. Should we thank the PM for this?” Congress chief spokesperson Randeep Surjewala asked.
He said the Wholesale Price Index was 14.23 per cent in November 2021, the highest in 10 years and its impact would be felt in the New Year.
“Get ready to spend more on all items,” the Congress leader said, citing 13 segments where prices could rise.
He said apparel and textile were set to get more expensive from January 1 as the government was going to increase the GST on finished goods from 5 to 12 per cent.
“GST rate on footwear (cost up to Rs 1,000 a pair) has been hiked from 5 per cent to 12 per cent. Cloud kitchens have been brought under the food delivery and restaurant service and will attract 5 per cent GST. Fast moving consumer goods prices will rise by 6 to 10 per cent,” Surjewala said.