Rural Manipur has experienced the highest retail inflation in India, surging up to 10 per cent in July 2024. It has increased drastically from April’s 5.72 per cent and 12.32 per cent in May. It portrayed the economic impact of the protests, law and order situation and pandemic, adding up to these struggles. Of the total population of Manipur, about 71% live in rural areas. So, the hit of price rise was especially acute for its residents, who bear an increased cost of essential goods, particularly food items. In marked contrast, Delhi has the lowest retail inflation among major states at 2.6% in the economic survey 2023-24. The capital has been more or less stable for prices, more so in the urban areas, compared to the rural areas. Manipur and Delhi form the two extremes, which reflect some of the economic problems a few states in India face, among other causal factors like food supply disruptions, extreme weather conditions like delayed monsoon, heavy rainfall, regional production disparity etc.
sekar nallalu Cryptocurrency,Personal Finance News Manipur Records Highest Retail Inflation, Delhi The Lowest: Economic Survey 2023-24