Wednesday, November 6, 2024
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Tripura’s CPI highest in country at 20.6: Congress

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Agartala: Tripura has set a record in touching highest consumer price index (CPI) of India in first quarter of August which contributed to maximum rise in price of essential commodities, alleged Tripura Pradesh Congress Committee (TPCC) referring latest report of Ministry of Statistics.

TPCC Spokesperson Ashok Sinha alleged due to failure of the government to regulate the market and install price control mechanism, CPI in the past two weeks reached to 20.6 ever highest in the country. “The CPI of Meghalaya follows Tripura at 13.4, Nagaland 10.3, Mizoram 9.8, Assam 8.1 and Manipur 4.5 while average CPI of the country ranges between 9 and 10,” Dr Sinha stated.

He however, alleged that the state government had always been accused central government for promoting forward trading and forging investment in retail sector but did not look at the markets.

“At the behest of non-action and non-regulation of the market, the middle man culture has grown heavily. They are buying farm produces at low cost from the outskirts and in the urban markets these are being sold at double price but the administration did not take any action,” he alleged. Dr Sinha however, pointed out because of administrative inaction in one hand farmers have been cheated at low price and on the other; the citizens are being cheated at buying goods at high prices.

He said “If after not having proper connectivity, Mizoram, Nagaland and Manipur can maintain CPI at national level, left front in Tripura failed because of administrative failure.” (UNI)

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