Nirmala Sitharaman: On October 8, Nirmala Sitharaman, the finance minister, went shopping with regular people at a neighbourhood market in Chennai. During her daylong tour of Chennai, she made a stop at Mylapore market, where she interacted with vendors and people and bought veggies.
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The finance minister spent just one day in Chennai. Later, she made an unplanned visit to a local vegetable market where she chatted with shoppers and vendors. A video of the visit that showed the vendors talking to her about the vegetables quickly became popular on social media. Watch video:
She had earlier in the day officially opened a special needs school in the city. One of Ms. Sitharaman’s stated areas of attention is vegetables, which are one of the key parts of nation’s soaring inflation.
A Twitter user wrote in the comments, “Hope both vendors and consumers also learned how spiralling inflation might erode their savings and steps by the government to bring it under control.”
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Consumer price inflation in September compared to the same month last year is “running about 7.4%,” according to a note written by India’s chief economist Kaushik Das on September 20. Compared to August, it was higher than 7%.
According to a study by the global financial organisation Deutsche Bank, there is a chance that it will increase if the trend in food and vegetable costs continues to increase.
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