: Containing inflation is
high on the government's agenda and it is monitoring the price situation, Finance
Minister Pranab Mukherjee said on Friday.
"The government is monitoring price
situation on regular basis and containment of inflation is high on its
agenda," Mukherjee said in a written reply to a lawmaker's question.
The minister’s response comes a day after
the government data showed that food prices surged an annual 20 percent in
It is due to supply shortages, the minister
said referring to the high food inflation.
Rising food prices have contributed to a
faster-than-expected 4.78 percent increase in the wholesale price index in
First Published: Friday, December 18, 2009, 12:49