Govt to strengthen PDS as remedy to price rise
New Delhi: Concerned over rising prices of
essential commodities, the Government today said it would
strengthen and improve the public distribution system (PDS) to
protect the interest of consumers.
"To insulate (common man) from the adverse impact of
price rise we are improving the PDS system...this year the
prices have not come down after the festival season," Finance
Minister Pranab Mukherjee said while replying to a discussion
on the first batch of supplementary demands for grants in the
Lok Sabha here.
According to recent data, food inflation during November
shot up to over 19 per cent, the highest in the decade.
Attributing rising prices to shortage of supply,
Mukherjee said, "the price rise is not because of demand
management... edible oils, sugar and pulses are the things
most affected by the price rise."
The Minister also recalled various steps taken by the
government to improve supplies of essential foods items like
pulses and sugar, the prices of which have shot up
significantly during the course of the year.
The supplementary demands for grants, which was approved
by the Lok Sabha, seeks to raise public expenditure by Rs
25,725 crore, over and above what was approved by Parliament
during the budget.
More from India
More from World
More from Sports
More from Entertaiment
- What Muslims think about Ram Mandir issue?
- Anti-Romeo squad launched: Has moral policing started in UP?
- Martyrs' Day: Nation remembers Bhagat Singh, Sukhdev and Rajguru for their sacrifice
- London terrorist attack leaves five dead, including police officer
- Do not put unnecessary pressure on police: PM Modi tells UP BJP MPs
- Hukumdev Narain Yadav to be new Vice-President of India?
- 400 Trinamool Congress members including many TMC stalwarts join BJP in Tripura
- Unable to meet educational expenses, Muslim girl writes to PM Narendra Modi – Know what happened next
- Bhagat Singh, Sukhdev, Rajguru were hanged on 23 March 1931 – This is how PM Modi paid tribute today
- Mulayam Singh Yadav's son Prateek, his daughter-in-law Aparna meet UP CM Yogi Adityanath - Know why