Govt failing to feel the pulse of rising prices - News Summed Up

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Govt failing to feel the pulse of rising prices


"What can be done to increase tomato supply when production is hit because of adverse weather? The maximum prices of tomato and potato was Rs 80 and Rs 35/kg, respectively. Third, the measures come mostly as knee-jerk reactions and are not pursued once prices become normal .For example, soon after the NDA government assumed office in 2014, onion prices touched Rs 100 a kg and tomato prices soared. "What we need is a policy and a robust mechanism rather than getting desperate every time prices go up," said an official. Secondly, it's the state governments which have to get their act together since crackdown on hoarders and fixing stock limits fall under their purview.


Source: Times of India June 19, 2016 21:30 UTC



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