Senior Bharatiya Janata Party (BJP) MLA and former Assam Minister Prashanta Phukan stated that the current increase in prices is a result of global conflicts and economic instability. He emphasized that this situation is not unique to Assam or India but is part of a larger global economic scenario affected by international tensions. Phukan expressed confidence that over time, the economic conditions will stabilize, leading to a gradual easing of inflationary pressures.
Phukan highlighted that the ongoing international conflicts have disrupted economic stability, putting pressure on the supply chain and impacting the prices of essential goods. He remains optimistic that with time, the situation will ameliorate, and the inflationary trend will diminish. The BJP leader emphasized that the rise in prices is predominantly influenced by the global environment shaped by geopolitical tensions and conflicts worldwide.
As concerns mount over the escalating prices of essential commodities and daily-use items, opposition parties have criticized the BJP-led governments at the Centre and in states for the inflation. However, the BJP has attributed the price surge to various global factors, including international conflicts and disruptions in the supply chain. Phukan’s statements align with the party’s stance that the inflationary challenges are part of a broader global economic issue rather than a localized problem.
