Senior Congress leader and previous Union Finance Minister P Chidambaram set off an argument on rising cost of living after sharing his shock at the high rate of tea at Kolkata Airport.
Chidambaram created on X that he was billed 340 for an easy tea made with warm water and a tea bag at The Coffee Bean and Tea Leaf, a dining establishment at the flight terminal.
He included, “Apparently, inflation is higher in West Bengal than in Tamil Nadu,” taking a stab at the rate variation in between the states.
Chidambaram, that stands for Tamil Nadu in the Rajya Sabha, remembered a comparable experience at Chennai Airport, where he was billed 80 for the very same tea mix a couple of years back.
After increasing the concern openly at that time, he kept in mind that the Airports Authority of India (AAI) had actually 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 around the expense of day-to-day things in high-traffic locations like flight terminals, where costs are frequently substantially greater than in normal places.
Several individuals reacted, with one writing, “Everything that is sold at the airport is 10 times costlier than a normal restaurant.” Others explained that flight terminal suppliers go through high bidding process costs, which frequently leads to filled with air costs.
India’s retail rising cost of living was tape-recorded at 3.65% in August 2024, according to the Consumer Price Index (CPI). This noted a substantial decrease from 6.83% in August 2023, though it enhanced somewhat from July 2024’s number of 3.54%.
This was just the 2nd time in 5 years that on the whole retail rising cost of living dipped listed below the Reserve Bank of India’s (RBI) 4% target, with the last event remaining in July 2024. The RBI’s target for rising cost of living is 4%, with a resistance array in between 2% and 6%.
Inflation differed throughout states. Bihar tape-recorded the greatest consolidated rising cost of living price in August 2024 at 6.62%, complied with by Odisha at 5.63% and Assam at 5.03%. On the various other hand, Telangana experienced the most affordable rising cost of living price at 2.02%, complied with by Uttarakhand at 2.37%, and Delhi at 2.52%. India’s food rising cost of living, as shown in the Consumer Food Price Index (CFPI), stood at 5.66% in August 2024, below 9.94% in the very same month in 2023.
Urban food rising cost of living was up to 4.99%, while country food rising cost of living stood at 6.02%. Despite this total small amounts, the costs of veggies saw the greatest increase, with a 10.71% rise year-on-year, and rising cost of living in city and backwoods was comparable at 13.22%.
