Stories
Congress Slams Modi Govt Over Soaring Commodity Prices, Accuses Inaction on Inflation
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CNBC TV18•22-08-2026, 17:39
Congress Slams Modi Govt Over Soaring Commodity Prices, Accuses Inaction on Inflation
- •Congress accuses the Modi government of failing to control rising essential commodity prices, stating the public "will not forgive" their inaction.
- •Congress president Mallikarjun Kharge questioned if sugarcane diversion for ethanol (E20 blending) is causing sugar price hikes, noting 9-year low stocks.
- •Kharge highlighted a nearly 40% increase in sugar prices in three months, asking why India, a major producer, is now importing sugar.
- •Congress general secretary Jairam Ramesh criticized the government's policies, claiming inflation has crushed common people and disrupted household budgets.
- •Ramesh cited significant price increases for staples like flour, rice, cumin, turmeric, various oils, and sugar, impacting daily expenses and essential goods.
Key Questions Answered
The Congress party has questioned whether the E20 ethanol blending policy should be reviewed due to high sugar prices.
Other essential commodities affected by inflation in India include flour, rice, spices, cooking oils, sugar, and other daily-use products.
