The rate of inflation in the national capital was the lowest of a few of the 5 important metros during the covid-19 pandemic year, in line with an annual record of the fee index for Delhi.
Delhi Reports Lowest Inflation Rate
Inside the 2020-2021 monetary 12 months, the boom in inflation in Delhi become three in step with cent while Kolkata, Chennai, Mumbai, and Bengaluru registered four. 6 in step with cent, 4. Four consistent with cent, 4. 1 percent and four. Zero percent, respectively, stated the file prepared with the aid of the directorate of economics and facts.
ALSO READ: Delhi’s Air Quality To Improve Over Weekend
Deputy Chief Minister Manish Sisodia while presenting a report on Thursday informed that during the financial year 2020-2021, the rate of growth in average annual inflation was based on the Consumer Price Index (CPI) was 5 percent across the country. But in Delhi, the annual inflation rate was only 3 percent.
He further informed that the national inflation rate for food prices was 5.7 percent and in Delhi, the rate was only 3.9 percent which was the lowest in the country.
Delhi More Affordable To Live: Sisodia
Talking to the media, he further said that Delhi is more affordable to live in as compared to the other cities and the food prices are the lowest. He said that the Kejriwal-led government has ‘efficiently managed” to keep the lowest inflation rate amongst the five metro cities.
He said that the Delhi government continuously makes efforts to keep a check and control the prices of commodities through market interventions.
(This story has been sourced from a third-party syndicated feed, agencies. Raavi Media accepts no responsibility or liability for the dependability, trustworthiness, reliability, and data of the text. Raavi Media management/ythisnews.com reserves the sole right to alter, delete or remove (without notice) the content at its absolute discretion for any reason whatsoever.)
