Breaking News
Nagaland Post Logo
You are here:  Skip Navigation LinksHome » Show story
Action plan with states against inflation: Minister
Published on 31 Jan. 2011 12:08 AM IST
Print  Text Size

The central government will soon formulate an action plan with state governments on how to rein in the prices of essential items that have taken the annual food inflation to double-digits now, Minister of State for Consumer Affairs K.V. Thomas has said.
The minister also indicated that some ministries were studying the issue of banning or allowing futures trading in some essential commodities and appropriate action would be taken at the earliest.
“We are waiting for the report of chief ministers’ core committee on prices of essential goods headed by Gujarat Chief Minister Narendra Modi. We will study the recommendations, discuss it with states and plan a joint action,” Thomas told IANS in an interview here.
“Inflation can be controlled only with the joint effort of the Centre and the states.”
Earlier this month, Thomas, 64, a science professor-turned politician, was elevated to the rank of minister of state with independent charge for consumer affairs, a portfolio he had been handling before.

Comments:(0) Login or Register to post your Comment
(Available for registered users only)
More News