Pranab Mukherjee Assures Early Control of Price Hike
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Pranab Mukherjee Assures Early Control of Price Hike
New Delhi (ABC Live): After Indian Agriculture and Home Minister failure to assure Indians hoping price high under control, now Indian Finance Minister Pranab Mukherjee has assured that prices of essential items will be in control soon.
New Delhi (ABC Live): After Indian Agriculture and Home Minister failure to assure Indians hoping price high under control, now Indian Finance Minister Pranab Mukherjee has assured that prices of essential items will be in control soon.
Assurance to this effect was given by Finance Minister Pranab Mukherjee on Monday after receiving the Indira Gandhi Gold Plaque at the Asiatic Society in Kolkata that, The process is on to control the price rise. I am hopeful that the prices of essential items will be in control soon."
"There is an imbalance between the demand and supply and the Centre has taken notice of it. Some people were taking advantage. The government has taken the initiative to increase the supply line so that there is a balance with the demand ratio," he added.
The wholesale price-based general inflation, from sub-zero level last year, crossed 7 per cent in December and is estimated to climb to 8.5 per cent by March.
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