Modi Seeks to Fight Inflation With Polls Nine Months Away
- Rising food prices a concern for Modi seeking a third term
- India inflation rises to 15-month high as food costs jump
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Prime Minister Narendra Modi promised more measures to rein in rising food prices just as retail inflation last month hit a 15-month high, signaling cost of living will be a major campaign issue in elections scheduled next year.
“We have to take more steps to minimize the burden of inflation to the people of the country,” said Modi in an independence day address from the ramparts of the 17th century Red Fort in New Delhi. “And we will definitely take steps. Our efforts will continue.”