New Delhi, July 14 -- Congress General Secretary Jairam Ramesh on Tuesday slammed the Centre after the retail inflation rate jumped to 4.38 per cent in June from 3.93 per cent in May, breaching the Reserve Bank of India's (RBI's) 4 per cent benchmark target.

Senior Congress leader also called Prime Minister Narendra Modi a "protector of capitalists" and said the government is ensuring profits end up landing in the pockets of these capitalists while the common masses are facing the burden of inflation.

"This is the true essence of the Modi government's 12 years: a shower of false promises and a cruel blow of inflation and unemployment on the public! In the 12 years of the Modi government, inflation has wrecked the budgets of ordinary fam...