Jaitley to review food price situation today

June 15, 2016 08:44

Concerned over food inflation, Finance Minister Arun Jaitley will review the situation today and discuss steps to keep prices of essential commodities, including pulses, in check.

Retail prices of pulses are still ruling high at over Rs 170 per kg even as the government is making efforts to boost supply through its newly-created buffer stock and imports. Even tomato prices have doubled to Rs 80 a kg due to the crop damage. Potato rates have also been on the rise.

As per the WPI data released today, vegetable inflation rose sharply to 12.94 per cent, from 2.21 per cent a month earlier.

Urban Development Minister Venkaiah Naidu, Transport Minister Nitin Gadkari, Food Minister Ram Vilas Paswan, Agriculture Minister Radha Mohan Singh and Commerce Minister Nirmala Sitharaman are slated to attend the meeting.

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