scorecardresearch
Clear all
Search

COMPANIES

No Data Found

NEWS

No Data Found
Sign in Subscribe
Save 41% with our annual Print + Digital offer of Business Today Magazine
Are the steps taken by the govt to tackle inflation enough?

Are the steps taken by the govt to tackle inflation enough?

The Narendra Modi government's honeymoon period may well be cut short if it fails to control inflation. The government has taken some steps. But are they enough?

The Narendra Modi government's honeymoon period may well be cut short if it fails to control inflation. Prices of potatoes and onions have been rising alarmingly. The meteorological prediction of a poor monsoon this year makes the challenge even more formidable. The government has taken some steps. But are they enough?

SOME STEPS THE GOVERNMENT HAS TAKEN TO CONTROL INFLATION

> Imposed export restrictions on some farm commodities
> Ordered a crackdown on hoarders
> Raised minimum export price on onions to $300 per tonne from $150 per tonne to discourage exports
> Allowed direct sale of vegetables and fruit in the market by farmers instead of having to go through Agricultural Produce Market Committees
> Is closely monitoring prices of 22 commodities which affect food inflation

(Graphic by Anand Sinha; Research by Niti Kiran)




×