According to Rajnath, inflation is rising due to the global supply chain.

Rajnath Singh said that food and fuel prices have increased, while core inflation has increased due to the global supply chain and other logistical bottlenecks . The country's economy was moving in a V-shaped state, according to him .

Lucknow, April 21: At an event here on Saturday, Union defence minister Rajnath Singh said that food and fuel prices have increased, while core inflation has increased due to the global supply chain and other logistical bottlenecks.Despite the widespread nature of the pandemic, the country's economy was moving in a V-shaped state, according to him, due to supply chain disruptions and logistical bottlenecks caused by Covid-19, which has since arisen in Ukraine.Since Russia is a major producer of food grains and hydrocarbons, Ukraine is a major producer of wheat, etc.Therefore, the conflict has affected the whole world.

Food and fuel prices have risen.According to reports from various departments, India continues to be one of the fastest growing major economies in the country.Core inflation has also risen due to the global supply chain and other logistical bottlenecks, according to the MP from Lucknow.Our exports continue to hit record highs and are likely to increase even more.

He said the production-linked incentive program (PLIS) has led to an increase in private investment, which would enhance demand in the economy.Following the pandemic, we are seeing a V-shaped recovery.Our emphasis on infrastructure and logistics has begun to eliminate supply bottlenecks.Due to the success of our Covid-19 vaccination campaign, contact-based services are also gaining traction.