Tejashwi Yadav Says Govt Has No Remedy for Inflation

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Tejashwi Yadav Says Govt Has No Remedy for Inflation

Synopsis

RJD leader and Bihar Opposition chief Tejashwi Yadav declared on 24 May 2026 that the government has 'no remedy' to control inflation, intensifying the opposition's sustained attack on economic management ahead of key legislative and monetary policy milestones.

Key Takeaways

Tejashwi Yadav posted on 24 May 2026 that the government has 'no remedy' to control inflation.
The post was accompanied by four images and made in Hindi, targeting both central and state NDA governments.
The RBI's inflation targeting framework (adopted 2016) sets a 4 percent CPI target with a 2–6 percent tolerance band.
The central government extended PM Garib Kalyan Anna Yojana in 2023 amid food inflation pressures.
Middle-class households and daily wage workers are identified as the groups most exposed to sustained price rises.
The RJD has consistently used inflation as a political pressure point against the NDA ahead of electoral cycles.

RJD leader Tejashwi Yadav on Sunday, 24 May 2026, sharply attacked the government over rising prices, declaring that it has no remedy to control inflation. The Leader of the Opposition in the Bihar Legislative Assembly made the charge in a post on X, accompanied by four images, as cost-of-living pressures continue to weigh on households across the country.

Context

Yadav's post — 'Sarkar ke paas mehangaai par lagaam lagaane ki koi remedy nahin!' ('The government has no remedy to control inflation!') — is a direct indictment of the ruling dispensation's economic management. The statement reflects a sustained line of attack by the Rashtriya Janata Dal (RJD) against the National Democratic Alliance (NDA) government, which holds power both at the Centre and in Bihar.

Opposition parties across the political spectrum have long used inflation as a pressure point, linking elevated prices to food costs, fuel bills, and rural distress. Yadav's intervention follows that established pattern, framing the issue as a governance failure rather than a macroeconomic inevitability.

Policy Backdrop

India's inflation management framework has been anchored by the Reserve Bank of India (RBI)'s flexible inflation targeting regime, adopted in 2016, which sets a 4 percent Consumer Price Index target with a tolerance band of 2 to 6 percent. Sustained pressure on food prices in particular has tested that framework repeatedly over the past several years.

The central government extended the PM Garib Kalyan Anna Yojana in 2023, partly in acknowledgement of food inflation pressures on lower-income households. Critics, including the RJD, argue that such measures address symptoms rather than the structural causes of price rise. Middle-class households and daily wage workers remain the most exposed segments to persistent cost-of-living increases.

Stakeholders and Impact

For Bihar — one of India's most populous and economically vulnerable states — inflation carries acute political salience. A large proportion of the state's workforce is employed in agriculture or the informal sector, where earnings do not automatically adjust to rising prices.

The RJD, founded by Lalu Prasad Yadav and currently the principal opposition force in the Bihar Legislative Assembly, has consistently sought to channel economic grievances into electoral capital. Tejashwi Yadav, who served as Deputy Chief Minister of Bihar during the 2022–2024 Mahagathbandhan government, positions himself as a voice for those squeezed by price pressures that central policy has failed to arrest.

What's Next

Attention will now turn to forthcoming RBI monetary policy announcements and any state-level price relief measures that may be announced ahead of Bihar assembly sessions. The political temperature around inflation is likely to rise further if food and fuel prices remain elevated in the coming months.

Yadav's broadside signals that the opposition intends to keep inflation at the centre of public debate — and that the government will face mounting pressure to demonstrate a credible, concrete response beyond existing welfare schemes.

Point of View

Particularly food inflation, is used to consolidate lower-income and rural voter sentiment ahead of legislative cycles. For the RJD, whose core constituency in Bihar is acutely vulnerable to cost-of-living shocks, this is both an ideological position and an electoral strategy. The challenge for the ruling dispensation will be to demonstrate a policy response that goes beyond existing welfare provisioning.
NationPress
9 Jul 2026

Frequently Asked Questions

What did Tejashwi Yadav say about inflation?
On 24 May 2026, Tejashwi Yadav posted on X that the government has 'no remedy' to control inflation, sharply criticising its economic management in a Hindi-language post accompanied by four images.
Why is inflation a big political issue in Bihar?
Bihar has a large agricultural and informal workforce whose incomes do not automatically adjust to rising prices, making cost-of-living increases particularly damaging and politically potent in the state.
What is India's official inflation target?
The Reserve Bank of India operates under a flexible inflation targeting framework adopted in 2016, with a target of 4 percent CPI and a tolerance band of 2 to 6 percent.
What is PM Garib Kalyan Anna Yojana?
PM Garib Kalyan Anna Yojana is a central government scheme providing free food grain to eligible households; it was extended in 2023 partly in response to food inflation pressures on lower-income families.
What is Tejashwi Yadav's political position?
Tejashwi Yadav is the Leader of the Opposition in the Bihar Legislative Assembly and a senior leader of the Rashtriya Janata Dal (RJD); he previously served as Deputy Chief Minister of Bihar.
Nation Press
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