Inflation has become serious concern for families

This was revealed in an exclusive survey by CVoter for IANS in the four states of Assam West Bengal Tamil Nadu Kerala and West Bengal.

To gauge public opinion on the country’s social, political, and economic challenges, a variety of questions were asked and various issues addressed. This Indian familiesWe are worried about rising costs and the latest government data confirms that.

According to the statistics released in April by the Reserve Bank of India, retail inflation rates based on consumer price index were at 7.79% and 15.2 respectively.

Nearly two thirds of Tamil Nadu respondents stated that they found it difficult to manage rising costs. 22 percent of respondents said that expenses had increased but they were still able to manage them.

Nearby Kerala, around 62 respondents stated that it was difficult to manage rising costs. Another 25% said that although expenses have increased, they were still manageable.

It is also evident that the situation is dire in other states. Two thirds of respondents in Assam stated that it was difficult to manage rising costs. Another 18% claimed that expenses had risen but they were still able to manage.

West Bengal appears to be the most affected state. 74% of respondents stated that it was difficult to manage rising expenses. Another 16 percent stated that their expenses were rising but they were able to manage.

Indian familiesAccording to the survey results, many people feel trapped in a vicious cycle that sees rising expenses despite the fact that incomes have stagnated or gone down since the last year.

While state governments and chief ministers score well in performance ratings, ordinary voters believe that their financial situation is not as good. families hasSince 2021’s elections, the situation has gotten worse.

Nearly 51% of respondents in Assam said that family incomes have fallen, but that family expenses have gone up. Another 19% believed that family incomes had stagnated, but expenses had increased.

It was the same story in all the other states that went to election in 2021. 46.5 percent of West Bengal’s neighbours Assam respondents claimed that family incomes have fallen in the past year, while expenses have gone up. Another 31.5 procent claimed that family incomes had stagnated while expenses had increased.

Similar sentiments were shared by voters in the south. 39% of respondents in Kerala claimed that their personal income has decreased while family expenses have gone up. 34% of respondents claimed that their income has stagnated while expenses have gone up.

39% of respondents in Tamil Nadu stated that their expenses had increased while their personal income had decreased. Another 35% stated that their personal income was stagnant, while family expenses were increasing.

Disclaimer: This story is automatically compiled by a computer program. hasFreshersLIVE has not created or edited this content.Publisher : IANS-Media