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
- No trace of IAF's AN-32 aircraft and survivors
- Rio Olympics 2016: NADA to take decision on Narsingh Yadav's fate today
- Intruder who ‘spiked’ wrestler Narsingh Yadav’s food identified: Sources
- China increases soldiers at Ladakh's Pangong Lake
- Madhya Pradesh: Two women assaulted at railway station for carrying beef
- Girl commits suicide after being ragged in Kerala, three final year students arrested
- Japan knife attacker grins before cameras
- Uproar in Rajya Sabha over attack on women in Madhya Pradesh for carrying beef
- Billboard 200 albums chart: Drake's 'Views' remains on top for 11th time
- Quran sacrilege: Delhi AAP lawmaker Naresh Yadav sent to judicial custody till Aug 1