Highest retail inflation under Modi is 4.8%, under UPA it was almost 10%, says Joshi
Union Minister for Education, Consumer Affairs, Food and Public Distribution Pralhad Joshi on Tuesday said retail inflation, which has risen to 4.8%per cent, was the highest so far during 12 years of Prime Minister Narendra Modi government, while under UPA regime it had had crossed double digits and never came down to single digit.
On September 15, 2026, Union Minister for Education, Consumer Affairs, Food and Public Distribution Pralhad Joshi declared that retail inflation had reached its highest point under Prime Minister Narendra Modi's leadership at 4.8%, surpassing the nearly 10% rates prevalent during the UPA regime. Joshi, while acknowledging his department's responsibility in monitoring food inflation, highlighted that external factors such as El Nino and natural calamities were responsible for the current inflation levels, rather than any political manipulation.
He refuted the Opposition's clamor over the 4.8% inflation, recalling that the UPA government saw retail inflation soar almost to 10% for eight consecutive years, with Sonia Gandhi and Rahul Gandhi at its helm. Joshi maintained that India's economy remained robust despite the challenging global economic scenario and praised India's performance at the recent BRICS summit, where global leaders commended the nation's economic progress.
He also pointed out an increase in global investments and export growth, criticizing the Opposition for diverting attention to trivial matters like the menu at the BRICS meeting.
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