Essential commodities prices to be monitored closely: Cong
New Delhi: The Congress on Wednesday welcomed the
high GDP growth rate of 7.9 per cent during the second quarter
of the year but said prices of essential commodities and food
items need to be monitored closely.
"We welcome the encouraging signs in economy shown by
the projected growth rate... However, prices of essential
food items still need to be monitored closely by the
government and along with the state governments, steps need to
be taken," party spokesperson Jayanthi Natarajan told
She said the economy growing by a significant 7.9 per
cent in the second quarter, up from 6.1 in the previous
quarter, gives a clear indication of "success" of the measures
taken by the government, particularly stimulus packages.
The spokesperson said despite global downturn, the
growth rate has defied predictions to project a much more
On rising prices of food items and essential
commodities, Natarajan said "strict action needs to be taken
against hoarding and steps for strengthening the Public
She expressed confidence that with the measures taken
by the government, prices of food will remain stable and in
the reach of the common man.
To a query if the party was satisfied with the steps
taken by the UPA government to check the prices, she said, "I
do believe, the UPA government is taking all steps".
More from India
More from World
More from Sports
More from Entertaiment
- PM Narendra Modi's speech at Heart of Asia conference
- Like SAARC, should India boycott Pak in Heart of Asia conference?
- India-Afghanistan thrash Pakistan over terrorism issue in Heart of Asia conference
- Tamil Nadu CM Jayalalithaa suffers cardiac arrest; being monitored
- Watch: PM Modi addresses rally in Moradabad, UP - Part II
- Rs 14,000 crore default case: Gujarat businessman detained, says money belongs to politicians, babus
- Fake or Real? 'Alien animal' caught on Karnataka-Kerala border
- Tamil Nadu CM Jayalalithaa's condition continues to remain critical after suffering cardiac arrest
- RBI to issue new Rs 20, Rs 50 notes; old notes to remain legal tender
- I-T department rejects declaration of Rs 2,00,000 crore made under IDS by Mumbai family