The government has taken steps to check the rising prices of necessary commodities ? change in negative sentence
Answers
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Explanation:
The Government has been closely monitoring the inflation situation with a view to protecting the common citizen against abnormal price rise. Our experience in the recent past has been that while prices of most manufactured goods and services have been reasonably stable, food prices have frequently risen at unacceptable rates.
2. A year ago, the primary concern was with foodgrain prices which were pushed up because of the drought of 2009-10. We were able to bring foodgrain prices under control thanks to additional release through the PDS and a strong effort to increase production. The current bout of inflation is driven by a rise in prices of vegetables and fruits which is more difficult to manage because these commodities are not held in public stocks. The rise in prices is partly due to late rains, which affected the onion crop. There is also an underlying increase in prices of milk, eggs, meat and fish, which is the result of fast growth of the economy, leading to rising income levels, combined with the effect of several inclusiveness programme which put greater income in the hands of the relatively poor whose food consumption increases.
3. The only lasting solution to food price inflation lies in increasing agricultural productivity. Government has taken up important new schemes, and provided large budgetary support to these, with a view to boosting agricultural production not merely in cereals but also in pulses, oilseeds, vegetables and fruits, milk and milk products, and poultry etc. As incomes rise, demand shifts towards horticultural crops, dairy products. These are perishable and need sustained development of market facilities, cold storage etc, quite different from what is needed for foodgrain.
4. The Government has recently reviewed the position and is taking the following measures to moderate these price increases:
(i) NAFED and NCCF shall undertake sale of onions at Rs 35/kg from their retail outlets in various locations, with suitable budgetary support to be provided for this purpose. The arrival of onions from Pakistan will also help cool prices. Import of 1000 tonnes of onion has already been contracted. Export of onions stands banned.
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