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New Delhi: Inflation rate in Delhi was the lowest among the five metro cities in 2020-21, Deputy Chief Minister Manish Sisodia said on Friday.
He claimed that the Kejriwal government kept prices under control in Delhi even during COVID-19.
He said Delhi is more affordable to live in than other cities and that food prices in the city are the “lowest” in the country.
Releasing the annual price index report prepared by the Directorate of Economics and Statistics, Sisodia said that the average annual inflation growth rate based on Consumer Price Index (CPI) in 2020-21 was only 3 per cent in Delhi as compared to 5 per cent nationally .
Delhi Finance Minister Sisodia said the Kejriwal government “managed” to keep inflation under control in Delhi even during COVID-19 and it had the lowest rate of inflation among the five metro cities.
“In 2020-21, the growth in inflation in Delhi was 3.0 per cent, while Kolkata, Chennai, Mumbai and Bengaluru recorded 4.6 per cent, 4.4 per cent, 4.1 per cent and 4 per cent respectively,” he added, adding Kejriwal. The government is committed to the common man and will always stand by him.
“The timely measures adopted by the Kejriwal government, during the COVID-19 period, kept the prices of commodities in Delhi stable and did not rise further.
The government is continuously monitoring the prices of essential commodities,” the deputy chief minister said.
He said the national inflation rate for food prices was 5.7 per cent while in Delhi it was recorded at only 4.1 per cent, which is the lowest in the country.
The housing index of the Consumer Price Index saw a growth of 5.2 per cent in India in FY 2020-21, but it was only 3.9 per cent in Delhi, highlighted Sisodia.
He said that the Delhi government makes efforts at regular intervals to control and stabilize the prices of commodities through market interventions.
Read also: WPI inflation hits 5-month high of 12.54% in October
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