In Lok SabhaDiscussion on price hike is expected today.
“The prices of essential commodities are skyrocketing and touching new highs every day. The rise in prices has shaken the budget of the common people. Despite this, the central government has increased the GST on some essential items to help the poor and middle class. The morsel has been snatched from the mouths of the people,” the member wrote to the Speaker of the Upper House.
Apart from this, Congress member KC Venugopal also served business notice under Rule 267 to discuss the recent hike in GST of several other essential commodities as well as increase in prices of essential commodities including pulses, edible oil, LPG, petrol and diesel. suspended.
Parliamentary Affairs Minister Prahlad Joshi had last week assured that the discussion on price hike would start. Parliament once finance minister Nirmala Sitharaman, who was down with Covid-19, is back. The minister then said that inflation in India is contained compared to many other countries.
Sitharaman is now Covid-free as she was seen attending official events last weekend, including Prime Minister Narendra Modi’s event in Gujarat’s GIFT City.
Coming to inflation, India’s retail inflation has remained above the Reserve Bank of India’s upper tolerance band of 6 per cent for the sixth consecutive month in June. Retail inflation came down to 7.01 per cent in June.
According to official data, the wholesale inflation rate came down to 15.18 per cent in June. Wholesale inflation in June is marginally lower than the previous month’s 15.88 per cent. The Wholesale Price Index (WPI) based inflation has been in double digits for the past 15 months continuously.
On several occasions during the ongoing monsoon session of Parliament, proceedings were adjourned amid uproar. Oppose The members discussed the issues of inflation, price rise and GST hike on daily essential commodities.
Leaders of opposition parties, including Congress, NCP, DMK and Left, raised slogans against the government, demanding withdrawal of hike in GST rates on items like curd, bread and paneer.
Since the commencement of the session, both the houses have been witnessing continuous adjournments without much productivity.
Several opposition MPs had sent adjournment motion notices to the speaker.