Rising food prices a matter of deep concern: FM

Last Updated: Sunday, January 09, 2011, 15:13

Tags: Food prices, Food inflation, Pranab Mukherjee

Bhubaneswar: The rising food prices are a matter of deep concern and the Central government has taken measures to improve the situation, Finance Minister Pranab Mukherjee said here on Sunday.

"It is a matter of deep concern," he said after delivering a lecture at the foundation day function of state-owned National Aluminium Company (Nalco).

"I hope the measures which we have taken both from the supply side and demand side and also allowing of imports of essential food items, which are in short supply with zero duty, will improve the situation," he told reporters.

"There is no way we can completely insulate ourselves from the adverse impact," he said, adding that the rising fuel prices, particularly the diesel price, impact the economy.

Mukherjee said he has written to all the chief ministers to check hoarding of essential commodities so that the poor and weaker section of the society get food items at subsidised prices.

IANS

First Published: Sunday, January 09, 2011, 15:13

Comments

RAJAT KUMAR MOHINDRU - JALANDHAR CITY .PUNJAB
The rising price of essential items , Inflation has upset the pockets and homely budget of the Common Man . Congress Ka Hath Aam Adami Ke Sath seems is no more with the poor , The reason that the prices of Eatables , Vegetables are quite high then expectation . As the Union Home Minister Mr P. Chidambaram has clearly focused his vision on price rise of essential items is a matter of deep concern . It is true the reason that Inflation in Inflating every month and the responsibility lies with the Prime Minister , Union Agriculture Minister , Union Commerce Minister to form policies that keeps the prices of essential items intact .