Senior Congress chief and former Union Finance Minister P Chidambaram set off an argument on rising price of residing after sharing his shock on the excessive fee of tea at Kolkata Airport.
Chidambaram created on X that he was billed 340 for a straightforward tea made with heat water and a tea bag at The Coffee Bean and Tea Leaf, a eating institution on the flight terminal.
He included, “Apparently, inflation is higher in West Bengal than in Tamil Nadu,” taking a stab on the fee variation in between the states.
Chidambaram, that stands for Tamil Nadu within the Rajya Sabha, remembered a comparable expertise at Chennai Airport, the place he was billed 80 for the exact same tea combine a few years again.
After growing the priority brazenly at the moment, he stored in thoughts that the Airports Authority of India (AAI) had really taken rehabilitative actions. “A couple of years ago I found that ‘hot water and tea bag’ cost ₹80 in Chennai airport, and I tweeted about it. AAI took note and took corrective steps,” he claimed.
Chidambaram’s article reignited conversations across the expense of day-to-day issues in high-traffic areas like flight terminals, the place prices are often considerably larger than in regular locations.
Several people reacted, with one writing, “Everything that is sold at the airport is 10 times costlier than a normal restaurant.” Others defined that flight terminal suppliers undergo excessive bidding course of prices, which often results in crammed with air prices.
India’s retail rising price of residing was tape-recorded at 3.65% in August 2024, in response to the Consumer Price Index (CPI). This famous a considerable lower from 6.83% in August 2023, although it enhanced considerably from July 2024’s variety of 3.54%.
This was simply the 2nd time in 5 years that on the entire retail rising price of residing dipped listed under the Reserve Bank of India’s (RBI) 4% goal, with the final occasion remaining in July 2024. The RBI’s goal for rising price of residing is 4%, with a resistance array in between 2% and 6%.
Inflation differed all through states. Bihar tape-recorded the best consolidated rising price of residing value in August 2024 at 6.62%, complied with by Odisha at 5.63% and Assam at 5.03%. On the assorted different hand, Telangana skilled essentially the most inexpensive rising price of residing value at 2.02%, complied with by Uttarakhand at 2.37%, and Delhi at 2.52%. India’s meals rising price of residing, as proven within the Consumer Food Price Index (CFPI), stood at 5.66% in August 2024, under 9.94% in the exact same month in 2023.
Urban meals rising price of residing was as much as 4.99%, whereas nation meals rising price of residing stood at 6.02%. Despite this complete small quantities, the prices of veggies noticed the best enhance, with a ten.71% rise year-on-year, and rising price of residing in metropolis and backwoods was comparable at 13.22%.
