Government trying to work out on anti-inflationary measures

New Delhi: On Thursday the government is likely to announce a slew of steps to bring down high prices food items, following PM’s consultations with his senior Cabinet colleagues Tuesday.

The meeting on Tuesday was followed by finance minister Pranab Mukherjee holding discussions with Food and Agriculture minister Sharad Pawar and Planning Commission deputy chairman Montek Singh Ahluwalia, Commodities market regulator Forward Market Commission’s chairman B C Khatua was also called for consultations on Wednesday.

After the meeting Pawar informed that the government would make an announcement in this regard in the evening.

According to sources till late night the Cabinet Secretariat, in consultation with the finance and agriculture ministries, was working on anti-inflationary measures.

The decision of the Agriculture Ministry to export five lakh tonnes of sugar was referred to an empowered group of ministers, headed by Mukherjee, after the Prime Minister’s consultations.

The food inflation, fuelled by rising prices of vegetables, fruits, meat and egg has crossed 18 per cent on December 25. The government has been under attack for not being able to bring down prices, especially of food items.
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