NE

News Elementor

NE

News Elementor

What's Hot

Odisha Economic Survey: Russia-Ukraine War Will Hit Odisha Most In Country

Table of Content

No headings found

Bhubaneswar: The Economic Survey has unfolded the threatening facts for the people of Odisha, as the rate of inflation in certain essential items like edible oils, fuel, electricity, transport and communication has hiked a abruptly. This news is a big shocker for the common people in the State and to make the situation worse, the rate of inflation further increases given the current international geopolitical scenario.

The Survey report states, between January 2021 and Jan 2022, the costs of edible cooking oils and vanaspati have soared a whopping high by 24.9 per cent, which is the highest in the country. The Economic Survey report has furthermore added that inflation has not spared fuel and electricity, the rate of inflation in these needs are the highest in the country.

According to the Survey, when the inflation in the two most necessary commodities such as Fuel (petro/Diesel/LPG) and Power (electricity tariff) during Jan 2021 and Jan 2022 has been a huge 14.5 per cent in Odisha, at that time the rate of price hike in the 19/majot states in the country has been only 9 per cent and nearly 12.5 per cent in the neighbouring states of Odisha. So the rate of inflation was at a higher end in our state as compared to the other parts of the country. As a result during this period the rate of inflation in transportation and communication of various commodities has also been at it’s peak by 9.9 per cent in Odisha.

Whereas the rate of price rise transportation and communication in the 19 major states as well as the neighbouring states of Odisha i.e. Chhattisgarh, West Bengal, Andhra Pradesh and Jharkhand has been only 8.8 per cent.

It is being apparent from these data put up by the Economic Survey Report that Odisha is the most vulnerable state to the present conflict going on between Russia and Ukraine.

As reported by the price monitoring cell of the government of India, the basic retail price of the edible oils in our country shot up alarmingly after the Ukraine – Rissia war started. The price of soyabean oil was raised 8 percent, sunflower oil raised to 12.5 percent, and palm oil raised by 14.4 percent in Indian market.

Even though the OERC has spared the residents of Odisha by not inflicting any price hike in the power tariff as demanded by the power distributing and generation companies, the fuel costs have gone up by more than Rs 4 per litre in the recent week.

-OdishaAge

newodishaage

defigosolutions@gmail.com https://odishaage.com

Recent News

Trending News

Editor's Picks

Air India London-Ahmedabad Flight Crash: Preliminary Report Raises More Questions Than Answers

Bhubaneswar:More than a month after one of India’s deadliest aviation disasters, the preliminary investigation report into the Air India London-Ahmedabad Boeing flight crash has been released by the Aircraft Accident Investigation Bureau (AAIB). The crash, which occurred on June 12, claimed the lives of all 260 people on board, leaving the nation in shock and...

Bhajanlal Commercial Pvt. Ltd. Bhajanlal Unveils the Vivo X200 FE in Eastern India: A Synergy of Innovation and Trust

Kolkata: In a striking reaffirmation of its market leadership, Bhajanlal Commercial Pvt. Ltd., Eastern India’s foremost name in premium consumer electronics, unveiled the Vivo X200 FE across its flagship outlets. More than just another product unveiling, the event underscored Bhajanlal’s role as a trusted catalyst in bringing world-class technology to Indian consumers. Bhajanlal: The Epitome of Trust, Scale...

Rising Crimes Against Women in Odisha Raise Alarms Over Safety and Governance

Bhubaneswar, July 29:A steady and deeply troubling rise in crimes against women in Odisha has sparked growing concern among citizens, rights activists, and political observers. Reports from multiple districts suggest that incidents of gang rape, molestation, and acid attacks have increased significantly over the past 2–3 years, raising serious questions about the efficacy of state...

A Timeless Ritual, Now in a New Look: Aroma Magic Relaunches Its Signature Essential Oils – Pure, Trusted, and Now More Elegant Than Ever

New Delhi: Blossom Kochhar Aroma Magic, the premier aromatherapy company in India, proudly announces the relaunch of its iconic range of Essential Oils, now presented in an all-new, elegant avatar.  While the look has evolved, the soul of the product remains unchanged—100% pure, therapeutic-grade essential oils, crafted with love, care, and nature’s finest extractions. Fifteen oils are now...

OPPO India Launches Reno14 Series with 3.5x Telephoto Camera, Wireless Charging, India First Media Tek Dimensity 8450, and much more

 The Reno14 Series comes with dedicated lossless 3.5x Telephoto Zoom for enhanced portraits. ●              The Reno14 Series has an ultra-durable aerospace-grade body with up to IP66, IP68 and IP69 certifications ●              The Reno14 Pro is the first phone in the world powered by the 4nm Media Tek Dimensity 8450 chipset ●              OPPO Pad SE also debuts alongside Reno14...

NE

News Elementor

Lorem Ipsum is simply dummy text of the printing and typesetting industry.

Popular Categories

Must Read

©2024- All Right Reserved. Designed and Developed by  Blaze Themes