How PM Modi-led NDA has curbed retail inflation better than UPA regime
Official data on Wednesday showed that Prime Minister Narendra Modi-led NDA government had done a much better job in controlling retail inflation
- NEW DELHI — Official data on Wednesday showed that Prime Minister Narendra
Modi-led NDA government had done a much better job in controlling retail
inflation — especially in food and fuel — compared to the UPA era.
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- According to a post by BJP leader Amit Malviya on the X
social media platform, “double-digit inflation (over 10 per cent) seen during
the UPA era is no longer a concern, reflecting effective governance and price
control in the past decade”.
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- “Since 2014, retail inflation has not crossed 8 per cent,
in contrast to the UPA’s 2004–14 average of 8.1 per cent, with 10.4 per cent
during 2009–14,” he mentioned, citing the official data.
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- On the other hand, from January 2012 to April 2014 period
during the UPA government, inflation was above 9 per cent in 22 out of 28
months, hitting double digits nine times.
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- Malviya, the BJP Information Technology cell chief,
pointed out that retail inflation in April 2025 fell to 3.16 per cent, the
lowest in nearly 6 years, continuing a downward trend.
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- For FY 2024-25, retail inflation was 4.6 per cent, the
lowest since 2018-19, marking three consecutive years of decline.
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- “Overall, the data indicates better inflation control,
especially in food and fuel, under the NDA government compared to the UPA era,”
he observed.
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- The BJP-led NDA government had succeeded in containing
inflation with the implementation of concrete steps such as PM Garib Kalyan
Anna Yojana which provides more than 80 crore citizens with free rations
(extended till 2029), ‘Bharat’ brands launched for retail sale of cereals and
pulses at affordable rates through NAFED, NCCF and Kendriya Bhandar.
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- Besides, under the Price Stabilisation Fund, a dynamic
buffer stock of pulses is maintained and calibrated release of stocks from the
buffer is done to ensure the availability and affordability of pulses to
consumers.
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- The government is continuously offloading the wheat and
rice from the central pool under Open Market Sale Scheme to augment
availability in the market and control retail prices.
