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Govt assures on prices as food inflation zooms
New Delhi, Dec 23 (IANS)
Published on 24 Dec. 2010 12:07 AM IST
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: As high prices of onions, fruits, milk, eggs, meat and poultry pushed India’s annual food inflation to double-digits, the government Thursday took more steps to augment supplies and assured people their financial burden will ease soon. Apart from asking the state-run trading agencies, MMTC, STC and PEC, to import onions, Cabinet Secretary K.M. Chandrasekhar chaired a key meeting here Thursday and decided to move the tuber from all possible places to deficit states like the national capital. Officials also said nearly 130 truckloads of onions had already arrived from Pakistan and another 40-50 were expected Friday. Traders have contracted for around 1,000 tonnes from Pakistan and more than half of that had already arrived in India.
“I understand that there is a shortfall in Maharashtra but Karnataka has reasonably good supplies. Gujarat is also producing quite a lot of onions. We will try to make some more movements,” Chandrasekhar told reporters after a meeting of a panel of secretaries.
“We will do whatever required to bring down the prices of onions,” he said, amid nationwide furore over high onion prices, caused by crop damage in the main growing regions in Maharashtra due to heavy rains.
Similar curbs, officials said, may be taken for tomatoes, which have also become dearer in past week, with prices shooting up from around Rs.15 per kg in the national capital to over Rs.40 per kg.
Chandrasekhar’s remarks came as India’s food inflation based on wholesale prices zoomed to double-digit levels of 12.13 percent for the week ended Dec 11 from 9.46 percent the week before, marking the third successive week of rise and a four-month high.

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