Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 73
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 74
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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    <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67fe70dfd6e4b-trace').style.display = (document.getElementById('cakeErr67fe70dfd6e4b-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr67fe70dfd6e4b-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67fe70dfd6e4b-code').style.display = (document.getElementById('cakeErr67fe70dfd6e4b-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67fe70dfd6e4b-context').style.display = (document.getElementById('cakeErr67fe70dfd6e4b-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67fe70dfd6e4b-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700">&lt;</span><span style="color: #0000BB">head</span><span style="color: #007700">&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Finance Minister Pranab Mukherjee on Thursday countered the Opposition attack that the government&#039;s policies resulted in price rise and said the steps it took resulted in food inflation coming down.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Replying to the debate on the motion on price rise, he said additional revenue measures were also taken to bring down the fiscal deficit and keep the economy in a better shape.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The Rajya Sabha later unanimously adopted the motion: &amp;ldquo;This House takes a considered view of inflation and urges the government to take further effective action to contain its [inflation] impact on common man.&amp;rdquo; The Lok Sabha adopted a similar motion on Wednesday.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Recalling the economic situation since the advent of the global crisis in 2008 and its effect on economies including India, Mr. Mukherjee said countries decided to inject a stimulus package as part of fiscal expansion, with India spending Rs. 18,60,000 crore or nearly three per cent of the GDP (Gross Domestic Product) which led to inflationary pressures. The problem was compounded by volatility in the energy sector with petroleum prices touching $ 142 a barrel in June 2008.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Besides, there was an impact on the prices of food items with kharif production falling by 15 million tonnes. The country faced a perpetual shortage of five per cent of the pulses requirement and 15 per cent of edible oils. Attempts to bridge the gap with imports did not yield the desired benefits.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The government&#039;s effort was to insulate the poor and vulnerable sections from the effects of high prices by providing foodgrains through the public distribution system. But unfortunately it did not happen in the absence of a proper PDS.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Mr. Mukherjee, however, ruled out the possibility of a universal PDS, stating that even in the present targeted system, States were unable to ensure proper delivery. They should decentralise the system to the panchayat level. The Centre was awaiting the report of the Standing Committee of Chief Ministers on the issue.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;In this context, he said, the country required a collective concept of cooperative federalism so that effective delivery systems were put on the ground.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Praising the National Democratic Alliance government for doing away with the administrative price mechanism for oil, he said it resulted in a boom in investment in the sector.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;As for the hike in the prices of petroleum products, he said that while there was a revenue angle the move was also aimed at bridging the revenue deficit and keeping the economy healthy.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Appealing to all sections of the House to discuss with their States the Goods and Services Tax, Mr. Mukherjee allayed the fears that the Centre would usurp their powers through a veto provision, stating he did not wish to be a &amp;ldquo;Super Finance Minister.&amp;rdquo;&lt;/font&gt;
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Finance Minister Pranab Mukherjee on Thursday countered the Opposition attack that the government&#039;s policies resulted in price rise and said the steps it took resulted in food inflation coming down.


Replying to the debate on the motion on price rise, he...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;p align=&quot;justify&quot;&gt;&lt;font &gt;&lt;/font&gt;&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;&lt;br /&gt;&lt;font &gt;Finance Minister Pranab Mukherjee on Thursday countered the Opposition attack that the government&#039;s policies resulted in price rise and said the steps it took resulted in food inflation coming down.&lt;/font&gt;&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;&lt;font &gt;Replying to the debate on the motion on price rise, he said additional revenue measures were also taken to bring down the fiscal deficit and keep the economy in a better shape.&lt;/font&gt;&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;&lt;font &gt;The Rajya Sabha later unanimously adopted the motion: &amp;ldquo;This House takes a considered view of inflation and urges the government to take further effective action to contain its [inflation] impact on common man.&amp;rdquo; The Lok Sabha adopted a similar motion on Wednesday.&lt;/font&gt;&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;&lt;font &gt;Recalling the economic situation since the advent of the global crisis in 2008 and its effect on economies including India, Mr. Mukherjee said countries decided to inject a stimulus package as part of fiscal expansion, with India spending Rs. 18,60,000 crore or nearly three per cent of the GDP (Gross Domestic Product) which led to inflationary pressures. The problem was compounded by volatility in the energy sector with petroleum prices touching $ 142 a barrel in June 2008.&lt;/font&gt;&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;&lt;font &gt;Besides, there was an impact on the prices of food items with kharif production falling by 15 million tonnes. The country faced a perpetual shortage of five per cent of the pulses requirement and 15 per cent of edible oils. Attempts to bridge the gap with imports did not yield the desired benefits.&lt;/font&gt;&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;&lt;font &gt;The government&#039;s effort was to insulate the poor and vulnerable sections from the effects of high prices by providing foodgrains through the public distribution system. But unfortunately it did not happen in the absence of a proper PDS.&lt;/font&gt;&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;&lt;font &gt;Mr. Mukherjee, however, ruled out the possibility of a universal PDS, stating that even in the present targeted system, States were unable to ensure proper delivery. They should decentralise the system to the panchayat level. The Centre was awaiting the report of the Standing Committee of Chief Ministers on the issue.&lt;/font&gt;&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;&lt;font &gt;In this context, he said, the country required a collective concept of cooperative federalism so that effective delivery systems were put on the ground.&lt;/font&gt;&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;&lt;font &gt;Praising the National Democratic Alliance government for doing away with the administrative price mechanism for oil, he said it resulted in a boom in investment in the sector.&lt;/font&gt;&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;&lt;font &gt;As for the hike in the prices of petroleum products, he said that while there was a revenue angle the move was also aimed at bridging the revenue deficit and keeping the economy healthy.&lt;/font&gt;&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;&lt;font &gt;Appealing to all sections of the House to discuss with their States the Goods and Services Tax, Mr. Mukherjee allayed the fears that the Centre would usurp their powers through a veto provision, stating he did not wish to be a &amp;ldquo;Super Finance Minister.&amp;rdquo;&lt;/font&gt;&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;&lt;font &gt;&lt;/font&gt;&lt;/p&gt;&#039;,
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Finance Minister Pranab Mukherjee on Thursday countered the Opposition attack that the government&#039;s policies resulted in price rise and said the steps it took resulted in food inflation coming down.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Replying to the debate on the motion on price rise, he said additional revenue measures were also taken to bring down the fiscal deficit and keep the economy in a better shape.&lt;/font&gt;
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The Rajya Sabha later unanimously adopted the motion: &amp;ldquo;This House takes a considered view of inflation and urges the government to take further effective action to contain its [inflation] impact on common man.&amp;rdquo; The Lok Sabha adopted a similar motion on Wednesday.&lt;/font&gt;
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Recalling the economic situation since the advent of the global crisis in 2008 and its effect on economies including India, Mr. Mukherjee said countries decided to inject a stimulus package as part of fiscal expansion, with India spending Rs. 18,60,000 crore or nearly three per cent of the GDP (Gross Domestic Product) which led to inflationary pressures. The problem was compounded by volatility in the energy sector with petroleum prices touching $ 142 a barrel in June 2008.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Besides, there was an impact on the prices of food items with kharif production falling by 15 million tonnes. The country faced a perpetual shortage of five per cent of the pulses requirement and 15 per cent of edible oils. Attempts to bridge the gap with imports did not yield the desired benefits.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The government&#039;s effort was to insulate the poor and vulnerable sections from the effects of high prices by providing foodgrains through the public distribution system. But unfortunately it did not happen in the absence of a proper PDS.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Mr. Mukherjee, however, ruled out the possibility of a universal PDS, stating that even in the present targeted system, States were unable to ensure proper delivery. They should decentralise the system to the panchayat level. The Centre was awaiting the report of the Standing Committee of Chief Ministers on the issue.&lt;/font&gt;
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;In this context, he said, the country required a collective concept of cooperative federalism so that effective delivery systems were put on the ground.&lt;/font&gt;
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Praising the National Democratic Alliance government for doing away with the administrative price mechanism for oil, he said it resulted in a boom in investment in the sector.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Appealing to all sections of the House to discuss with their States the Goods and Services Tax, Mr. Mukherjee allayed the fears that the Centre would usurp their powers through a veto provision, stating he did not wish to be a &amp;ldquo;Super Finance Minister.&amp;rdquo;&lt;/font&gt;
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Finance Minister Pranab Mukherjee on Thursday countered the Opposition attack that the government&#039;s policies resulted in price rise and said the steps it took resulted in food inflation coming down.


Replying to the debate on the motion on price rise, he...&#039;
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Finance Minister Pranab Mukherjee on Thursday countered the Opposition attack that the government's policies resulted in price rise and said the steps it took resulted in food inflation coming down.


Replying to the debate on the motion on price rise, he..."/>
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                <strong>We've reined in food inflation: Pranab</strong></h1>
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                <p align="justify"><font ></font></p><p align="justify"><br /><font >Finance Minister Pranab Mukherjee on Thursday countered the Opposition attack that the government's policies resulted in price rise and said the steps it took resulted in food inflation coming down.</font></p><p align="justify"><font >Replying to the debate on the motion on price rise, he said additional revenue measures were also taken to bring down the fiscal deficit and keep the economy in a better shape.</font></p><p align="justify"><font >The Rajya Sabha later unanimously adopted the motion: &ldquo;This House takes a considered view of inflation and urges the government to take further effective action to contain its [inflation] impact on common man.&rdquo; The Lok Sabha adopted a similar motion on Wednesday.</font></p><p align="justify"><font >Recalling the economic situation since the advent of the global crisis in 2008 and its effect on economies including India, Mr. Mukherjee said countries decided to inject a stimulus package as part of fiscal expansion, with India spending Rs. 18,60,000 crore or nearly three per cent of the GDP (Gross Domestic Product) which led to inflationary pressures. The problem was compounded by volatility in the energy sector with petroleum prices touching $ 142 a barrel in June 2008.</font></p><p align="justify"><font >Besides, there was an impact on the prices of food items with kharif production falling by 15 million tonnes. The country faced a perpetual shortage of five per cent of the pulses requirement and 15 per cent of edible oils. Attempts to bridge the gap with imports did not yield the desired benefits.</font></p><p align="justify"><font >The government's effort was to insulate the poor and vulnerable sections from the effects of high prices by providing foodgrains through the public distribution system. But unfortunately it did not happen in the absence of a proper PDS.</font></p><p align="justify"><font >Mr. Mukherjee, however, ruled out the possibility of a universal PDS, stating that even in the present targeted system, States were unable to ensure proper delivery. They should decentralise the system to the panchayat level. The Centre was awaiting the report of the Standing Committee of Chief Ministers on the issue.</font></p><p align="justify"><font >In this context, he said, the country required a collective concept of cooperative federalism so that effective delivery systems were put on the ground.</font></p><p align="justify"><font >Praising the National Democratic Alliance government for doing away with the administrative price mechanism for oil, he said it resulted in a boom in investment in the sector.</font></p><p align="justify"><font >As for the hike in the prices of petroleum products, he said that while there was a revenue angle the move was also aimed at bridging the revenue deficit and keeping the economy healthy.</font></p><p align="justify"><font >Appealing to all sections of the House to discuss with their States the Goods and Services Tax, Mr. Mukherjee allayed the fears that the Centre would usurp their powers through a veto provision, stating he did not wish to be a &ldquo;Super Finance Minister.&rdquo;</font></p><p align="justify"><font ></font></p>               </font>
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Finance Minister Pranab Mukherjee on Thursday countered the Opposition attack that the government&#039;s policies resulted in price rise and said the steps it took resulted in food inflation coming down.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Replying to the debate on the motion on price rise, he said additional revenue measures were also taken to bring down the fiscal deficit and keep the economy in a better shape.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The Rajya Sabha later unanimously adopted the motion: &amp;ldquo;This House takes a considered view of inflation and urges the government to take further effective action to contain its [inflation] impact on common man.&amp;rdquo; The Lok Sabha adopted a similar motion on Wednesday.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Recalling the economic situation since the advent of the global crisis in 2008 and its effect on economies including India, Mr. Mukherjee said countries decided to inject a stimulus package as part of fiscal expansion, with India spending Rs. 18,60,000 crore or nearly three per cent of the GDP (Gross Domestic Product) which led to inflationary pressures. The problem was compounded by volatility in the energy sector with petroleum prices touching $ 142 a barrel in June 2008.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Besides, there was an impact on the prices of food items with kharif production falling by 15 million tonnes. The country faced a perpetual shortage of five per cent of the pulses requirement and 15 per cent of edible oils. Attempts to bridge the gap with imports did not yield the desired benefits.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The government&#039;s effort was to insulate the poor and vulnerable sections from the effects of high prices by providing foodgrains through the public distribution system. But unfortunately it did not happen in the absence of a proper PDS.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Mr. Mukherjee, however, ruled out the possibility of a universal PDS, stating that even in the present targeted system, States were unable to ensure proper delivery. They should decentralise the system to the panchayat level. The Centre was awaiting the report of the Standing Committee of Chief Ministers on the issue.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;In this context, he said, the country required a collective concept of cooperative federalism so that effective delivery systems were put on the ground.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Praising the National Democratic Alliance government for doing away with the administrative price mechanism for oil, he said it resulted in a boom in investment in the sector.&lt;/font&gt;
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Finance Minister Pranab Mukherjee on Thursday countered the Opposition attack that the government&#039;s policies resulted in price rise and said the steps it took resulted in food inflation coming down.


Replying to the debate on the motion on price rise, he...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;p align=&quot;justify&quot;&gt;&lt;font &gt;&lt;/font&gt;&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;&lt;br /&gt;&lt;font &gt;Finance Minister Pranab Mukherjee on Thursday countered the Opposition attack that the government&#039;s policies resulted in price rise and said the steps it took resulted in food inflation coming down.&lt;/font&gt;&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;&lt;font &gt;Replying to the debate on the motion on price rise, he said additional revenue measures were also taken to bring down the fiscal deficit and keep the economy in a better shape.&lt;/font&gt;&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;&lt;font &gt;The Rajya Sabha later unanimously adopted the motion: &amp;ldquo;This House takes a considered view of inflation and urges the government to take further effective action to contain its [inflation] impact on common man.&amp;rdquo; The Lok Sabha adopted a similar motion on Wednesday.&lt;/font&gt;&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;&lt;font &gt;Recalling the economic situation since the advent of the global crisis in 2008 and its effect on economies including India, Mr. Mukherjee said countries decided to inject a stimulus package as part of fiscal expansion, with India spending Rs. 18,60,000 crore or nearly three per cent of the GDP (Gross Domestic Product) which led to inflationary pressures. The problem was compounded by volatility in the energy sector with petroleum prices touching $ 142 a barrel in June 2008.&lt;/font&gt;&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;&lt;font &gt;Besides, there was an impact on the prices of food items with kharif production falling by 15 million tonnes. The country faced a perpetual shortage of five per cent of the pulses requirement and 15 per cent of edible oils. Attempts to bridge the gap with imports did not yield the desired benefits.&lt;/font&gt;&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;&lt;font &gt;The government&#039;s effort was to insulate the poor and vulnerable sections from the effects of high prices by providing foodgrains through the public distribution system. But unfortunately it did not happen in the absence of a proper PDS.&lt;/font&gt;&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;&lt;font &gt;Mr. Mukherjee, however, ruled out the possibility of a universal PDS, stating that even in the present targeted system, States were unable to ensure proper delivery. They should decentralise the system to the panchayat level. The Centre was awaiting the report of the Standing Committee of Chief Ministers on the issue.&lt;/font&gt;&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;&lt;font &gt;In this context, he said, the country required a collective concept of cooperative federalism so that effective delivery systems were put on the ground.&lt;/font&gt;&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;&lt;font &gt;Praising the National Democratic Alliance government for doing away with the administrative price mechanism for oil, he said it resulted in a boom in investment in the sector.&lt;/font&gt;&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;&lt;font &gt;As for the hike in the prices of petroleum products, he said that while there was a revenue angle the move was also aimed at bridging the revenue deficit and keeping the economy healthy.&lt;/font&gt;&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;&lt;font &gt;Appealing to all sections of the House to discuss with their States the Goods and Services Tax, Mr. Mukherjee allayed the fears that the Centre would usurp their powers through a veto provision, stating he did not wish to be a &amp;ldquo;Super Finance Minister.&amp;rdquo;&lt;/font&gt;&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;&lt;font &gt;&lt;/font&gt;&lt;/p&gt;&#039;,
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Finance Minister Pranab Mukherjee on Thursday countered the Opposition attack that the government&#039;s policies resulted in price rise and said the steps it took resulted in food inflation coming down.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Replying to the debate on the motion on price rise, he said additional revenue measures were also taken to bring down the fiscal deficit and keep the economy in a better shape.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The Rajya Sabha later unanimously adopted the motion: &amp;ldquo;This House takes a considered view of inflation and urges the government to take further effective action to contain its [inflation] impact on common man.&amp;rdquo; The Lok Sabha adopted a similar motion on Wednesday.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Recalling the economic situation since the advent of the global crisis in 2008 and its effect on economies including India, Mr. Mukherjee said countries decided to inject a stimulus package as part of fiscal expansion, with India spending Rs. 18,60,000 crore or nearly three per cent of the GDP (Gross Domestic Product) which led to inflationary pressures. The problem was compounded by volatility in the energy sector with petroleum prices touching $ 142 a barrel in June 2008.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Besides, there was an impact on the prices of food items with kharif production falling by 15 million tonnes. The country faced a perpetual shortage of five per cent of the pulses requirement and 15 per cent of edible oils. Attempts to bridge the gap with imports did not yield the desired benefits.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The government&#039;s effort was to insulate the poor and vulnerable sections from the effects of high prices by providing foodgrains through the public distribution system. But unfortunately it did not happen in the absence of a proper PDS.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Mr. Mukherjee, however, ruled out the possibility of a universal PDS, stating that even in the present targeted system, States were unable to ensure proper delivery. They should decentralise the system to the panchayat level. The Centre was awaiting the report of the Standing Committee of Chief Ministers on the issue.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;In this context, he said, the country required a collective concept of cooperative federalism so that effective delivery systems were put on the ground.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Praising the National Democratic Alliance government for doing away with the administrative price mechanism for oil, he said it resulted in a boom in investment in the sector.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;As for the hike in the prices of petroleum products, he said that while there was a revenue angle the move was also aimed at bridging the revenue deficit and keeping the economy healthy.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Appealing to all sections of the House to discuss with their States the Goods and Services Tax, Mr. Mukherjee allayed the fears that the Centre would usurp their powers through a veto provision, stating he did not wish to be a &amp;ldquo;Super Finance Minister.&amp;rdquo;&lt;/font&gt;
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Finance Minister Pranab Mukherjee on Thursday countered the Opposition attack that the government&#039;s policies resulted in price rise and said the steps it took resulted in food inflation coming down.


Replying to the debate on the motion on price rise, he...&#039;
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Finance Minister Pranab Mukherjee on Thursday countered the Opposition attack that the government's policies resulted in price rise and said the steps it took resulted in food inflation coming down.


Replying to the debate on the motion on price rise, he..."/>
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                <strong>We've reined in food inflation: Pranab</strong></h1>
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                <p align="justify"><font ></font></p><p align="justify"><br /><font >Finance Minister Pranab Mukherjee on Thursday countered the Opposition attack that the government's policies resulted in price rise and said the steps it took resulted in food inflation coming down.</font></p><p align="justify"><font >Replying to the debate on the motion on price rise, he said additional revenue measures were also taken to bring down the fiscal deficit and keep the economy in a better shape.</font></p><p align="justify"><font >The Rajya Sabha later unanimously adopted the motion: &ldquo;This House takes a considered view of inflation and urges the government to take further effective action to contain its [inflation] impact on common man.&rdquo; The Lok Sabha adopted a similar motion on Wednesday.</font></p><p align="justify"><font >Recalling the economic situation since the advent of the global crisis in 2008 and its effect on economies including India, Mr. Mukherjee said countries decided to inject a stimulus package as part of fiscal expansion, with India spending Rs. 18,60,000 crore or nearly three per cent of the GDP (Gross Domestic Product) which led to inflationary pressures. The problem was compounded by volatility in the energy sector with petroleum prices touching $ 142 a barrel in June 2008.</font></p><p align="justify"><font >Besides, there was an impact on the prices of food items with kharif production falling by 15 million tonnes. The country faced a perpetual shortage of five per cent of the pulses requirement and 15 per cent of edible oils. Attempts to bridge the gap with imports did not yield the desired benefits.</font></p><p align="justify"><font >The government's effort was to insulate the poor and vulnerable sections from the effects of high prices by providing foodgrains through the public distribution system. But unfortunately it did not happen in the absence of a proper PDS.</font></p><p align="justify"><font >Mr. Mukherjee, however, ruled out the possibility of a universal PDS, stating that even in the present targeted system, States were unable to ensure proper delivery. They should decentralise the system to the panchayat level. The Centre was awaiting the report of the Standing Committee of Chief Ministers on the issue.</font></p><p align="justify"><font >In this context, he said, the country required a collective concept of cooperative federalism so that effective delivery systems were put on the ground.</font></p><p align="justify"><font >Praising the National Democratic Alliance government for doing away with the administrative price mechanism for oil, he said it resulted in a boom in investment in the sector.</font></p><p align="justify"><font >As for the hike in the prices of petroleum products, he said that while there was a revenue angle the move was also aimed at bridging the revenue deficit and keeping the economy healthy.</font></p><p align="justify"><font >Appealing to all sections of the House to discuss with their States the Goods and Services Tax, Mr. Mukherjee allayed the fears that the Centre would usurp their powers through a veto provision, stating he did not wish to be a &ldquo;Super Finance Minister.&rdquo;</font></p><p align="justify"><font ></font></p>               </font>
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Finance Minister Pranab Mukherjee on Thursday countered the Opposition attack that the government&#039;s policies resulted in price rise and said the steps it took resulted in food inflation coming down.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Replying to the debate on the motion on price rise, he said additional revenue measures were also taken to bring down the fiscal deficit and keep the economy in a better shape.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The Rajya Sabha later unanimously adopted the motion: &amp;ldquo;This House takes a considered view of inflation and urges the government to take further effective action to contain its [inflation] impact on common man.&amp;rdquo; The Lok Sabha adopted a similar motion on Wednesday.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Recalling the economic situation since the advent of the global crisis in 2008 and its effect on economies including India, Mr. Mukherjee said countries decided to inject a stimulus package as part of fiscal expansion, with India spending Rs. 18,60,000 crore or nearly three per cent of the GDP (Gross Domestic Product) which led to inflationary pressures. The problem was compounded by volatility in the energy sector with petroleum prices touching $ 142 a barrel in June 2008.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Besides, there was an impact on the prices of food items with kharif production falling by 15 million tonnes. The country faced a perpetual shortage of five per cent of the pulses requirement and 15 per cent of edible oils. Attempts to bridge the gap with imports did not yield the desired benefits.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The government&#039;s effort was to insulate the poor and vulnerable sections from the effects of high prices by providing foodgrains through the public distribution system. But unfortunately it did not happen in the absence of a proper PDS.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Mr. Mukherjee, however, ruled out the possibility of a universal PDS, stating that even in the present targeted system, States were unable to ensure proper delivery. They should decentralise the system to the panchayat level. The Centre was awaiting the report of the Standing Committee of Chief Ministers on the issue.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;In this context, he said, the country required a collective concept of cooperative federalism so that effective delivery systems were put on the ground.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Praising the National Democratic Alliance government for doing away with the administrative price mechanism for oil, he said it resulted in a boom in investment in the sector.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;As for the hike in the prices of petroleum products, he said that while there was a revenue angle the move was also aimed at bridging the revenue deficit and keeping the economy healthy.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Appealing to all sections of the House to discuss with their States the Goods and Services Tax, Mr. Mukherjee allayed the fears that the Centre would usurp their powers through a veto provision, stating he did not wish to be a &amp;ldquo;Super Finance Minister.&amp;rdquo;&lt;/font&gt;
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Finance Minister Pranab Mukherjee on Thursday countered the Opposition attack that the government&#039;s policies resulted in price rise and said the steps it took resulted in food inflation coming down.


Replying to the debate on the motion on price rise, he...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;p align=&quot;justify&quot;&gt;&lt;font &gt;&lt;/font&gt;&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;&lt;br /&gt;&lt;font &gt;Finance Minister Pranab Mukherjee on Thursday countered the Opposition attack that the government&#039;s policies resulted in price rise and said the steps it took resulted in food inflation coming down.&lt;/font&gt;&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;&lt;font &gt;Replying to the debate on the motion on price rise, he said additional revenue measures were also taken to bring down the fiscal deficit and keep the economy in a better shape.&lt;/font&gt;&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;&lt;font &gt;The Rajya Sabha later unanimously adopted the motion: &amp;ldquo;This House takes a considered view of inflation and urges the government to take further effective action to contain its [inflation] impact on common man.&amp;rdquo; The Lok Sabha adopted a similar motion on Wednesday.&lt;/font&gt;&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;&lt;font &gt;Recalling the economic situation since the advent of the global crisis in 2008 and its effect on economies including India, Mr. Mukherjee said countries decided to inject a stimulus package as part of fiscal expansion, with India spending Rs. 18,60,000 crore or nearly three per cent of the GDP (Gross Domestic Product) which led to inflationary pressures. The problem was compounded by volatility in the energy sector with petroleum prices touching $ 142 a barrel in June 2008.&lt;/font&gt;&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;&lt;font &gt;Besides, there was an impact on the prices of food items with kharif production falling by 15 million tonnes. The country faced a perpetual shortage of five per cent of the pulses requirement and 15 per cent of edible oils. Attempts to bridge the gap with imports did not yield the desired benefits.&lt;/font&gt;&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;&lt;font &gt;The government&#039;s effort was to insulate the poor and vulnerable sections from the effects of high prices by providing foodgrains through the public distribution system. But unfortunately it did not happen in the absence of a proper PDS.&lt;/font&gt;&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;&lt;font &gt;Mr. Mukherjee, however, ruled out the possibility of a universal PDS, stating that even in the present targeted system, States were unable to ensure proper delivery. They should decentralise the system to the panchayat level. The Centre was awaiting the report of the Standing Committee of Chief Ministers on the issue.&lt;/font&gt;&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;&lt;font &gt;In this context, he said, the country required a collective concept of cooperative federalism so that effective delivery systems were put on the ground.&lt;/font&gt;&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;&lt;font &gt;Praising the National Democratic Alliance government for doing away with the administrative price mechanism for oil, he said it resulted in a boom in investment in the sector.&lt;/font&gt;&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;&lt;font &gt;As for the hike in the prices of petroleum products, he said that while there was a revenue angle the move was also aimed at bridging the revenue deficit and keeping the economy healthy.&lt;/font&gt;&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;&lt;font &gt;Appealing to all sections of the House to discuss with their States the Goods and Services Tax, Mr. Mukherjee allayed the fears that the Centre would usurp their powers through a veto provision, stating he did not wish to be a &amp;ldquo;Super Finance Minister.&amp;rdquo;&lt;/font&gt;&lt;/p&gt;&lt;p align=&quot;justify&quot;&gt;&lt;font &gt;&lt;/font&gt;&lt;/p&gt;&#039;,
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Finance Minister Pranab Mukherjee on Thursday countered the Opposition attack that the government&#039;s policies resulted in price rise and said the steps it took resulted in food inflation coming down.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Replying to the debate on the motion on price rise, he said additional revenue measures were also taken to bring down the fiscal deficit and keep the economy in a better shape.&lt;/font&gt;
&lt;/p&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The Rajya Sabha later unanimously adopted the motion: &amp;ldquo;This House takes a considered view of inflation and urges the government to take further effective action to contain its [inflation] impact on common man.&amp;rdquo; The Lok Sabha adopted a similar motion on Wednesday.&lt;/font&gt;
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Recalling the economic situation since the advent of the global crisis in 2008 and its effect on economies including India, Mr. Mukherjee said countries decided to inject a stimulus package as part of fiscal expansion, with India spending Rs. 18,60,000 crore or nearly three per cent of the GDP (Gross Domestic Product) which led to inflationary pressures. The problem was compounded by volatility in the energy sector with petroleum prices touching $ 142 a barrel in June 2008.&lt;/font&gt;
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Besides, there was an impact on the prices of food items with kharif production falling by 15 million tonnes. The country faced a perpetual shortage of five per cent of the pulses requirement and 15 per cent of edible oils. Attempts to bridge the gap with imports did not yield the desired benefits.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;The government&#039;s effort was to insulate the poor and vulnerable sections from the effects of high prices by providing foodgrains through the public distribution system. But unfortunately it did not happen in the absence of a proper PDS.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Mr. Mukherjee, however, ruled out the possibility of a universal PDS, stating that even in the present targeted system, States were unable to ensure proper delivery. They should decentralise the system to the panchayat level. The Centre was awaiting the report of the Standing Committee of Chief Ministers on the issue.&lt;/font&gt;
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;In this context, he said, the country required a collective concept of cooperative federalism so that effective delivery systems were put on the ground.&lt;/font&gt;
&lt;/p&gt;
&lt;p align=&quot;justify&quot;&gt;
&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Praising the National Democratic Alliance government for doing away with the administrative price mechanism for oil, he said it resulted in a boom in investment in the sector.&lt;/font&gt;
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&lt;font face=&quot;arial,helvetica,sans-serif&quot; size=&quot;3&quot;&gt;Appealing to all sections of the House to discuss with their States the Goods and Services Tax, Mr. Mukherjee allayed the fears that the Centre would usurp their powers through a veto provision, stating he did not wish to be a &amp;ldquo;Super Finance Minister.&amp;rdquo;&lt;/font&gt;
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Finance Minister Pranab Mukherjee on Thursday countered the Opposition attack that the government&#039;s policies resulted in price rise and said the steps it took resulted in food inflation coming down.


Replying to the debate on the motion on price rise, he...&#039;
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Finance Minister Pranab Mukherjee on Thursday countered the Opposition attack that the government's policies resulted in price rise and said the steps it took resulted in food inflation coming down.


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                <strong>We've reined in food inflation: Pranab</strong></h1>
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                <p align="justify"><font ></font></p><p align="justify"><br /><font >Finance Minister Pranab Mukherjee on Thursday countered the Opposition attack that the government's policies resulted in price rise and said the steps it took resulted in food inflation coming down.</font></p><p align="justify"><font >Replying to the debate on the motion on price rise, he said additional revenue measures were also taken to bring down the fiscal deficit and keep the economy in a better shape.</font></p><p align="justify"><font >The Rajya Sabha later unanimously adopted the motion: &ldquo;This House takes a considered view of inflation and urges the government to take further effective action to contain its [inflation] impact on common man.&rdquo; The Lok Sabha adopted a similar motion on Wednesday.</font></p><p align="justify"><font >Recalling the economic situation since the advent of the global crisis in 2008 and its effect on economies including India, Mr. Mukherjee said countries decided to inject a stimulus package as part of fiscal expansion, with India spending Rs. 18,60,000 crore or nearly three per cent of the GDP (Gross Domestic Product) which led to inflationary pressures. The problem was compounded by volatility in the energy sector with petroleum prices touching $ 142 a barrel in June 2008.</font></p><p align="justify"><font >Besides, there was an impact on the prices of food items with kharif production falling by 15 million tonnes. The country faced a perpetual shortage of five per cent of the pulses requirement and 15 per cent of edible oils. Attempts to bridge the gap with imports did not yield the desired benefits.</font></p><p align="justify"><font >The government's effort was to insulate the poor and vulnerable sections from the effects of high prices by providing foodgrains through the public distribution system. But unfortunately it did not happen in the absence of a proper PDS.</font></p><p align="justify"><font >Mr. Mukherjee, however, ruled out the possibility of a universal PDS, stating that even in the present targeted system, States were unable to ensure proper delivery. They should decentralise the system to the panchayat level. The Centre was awaiting the report of the Standing Committee of Chief Ministers on the issue.</font></p><p align="justify"><font >In this context, he said, the country required a collective concept of cooperative federalism so that effective delivery systems were put on the ground.</font></p><p align="justify"><font >Praising the National Democratic Alliance government for doing away with the administrative price mechanism for oil, he said it resulted in a boom in investment in the sector.</font></p><p align="justify"><font >As for the hike in the prices of petroleum products, he said that while there was a revenue angle the move was also aimed at bridging the revenue deficit and keeping the economy healthy.</font></p><p align="justify"><font >Appealing to all sections of the House to discuss with their States the Goods and Services Tax, Mr. Mukherjee allayed the fears that the Centre would usurp their powers through a veto provision, stating he did not wish to be a &ldquo;Super Finance Minister.&rdquo;</font></p><p align="justify"><font ></font></p>               </font>
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<font face="arial,helvetica,sans-serif" size="3">Finance Minister Pranab Mukherjee on Thursday countered the Opposition attack that the government's policies resulted in price rise and said the steps it took resulted in food inflation coming down.</font>
</p>
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<font face="arial,helvetica,sans-serif" size="3">Replying to the debate on the motion on price rise, he said additional revenue measures were also taken to bring down the fiscal deficit and keep the economy in a better shape.</font>
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<font face="arial,helvetica,sans-serif" size="3">The Rajya Sabha later unanimously adopted the motion: &ldquo;This House takes a considered view of inflation and urges the government to take further effective action to contain its [inflation] impact on common man.&rdquo; The Lok Sabha adopted a similar motion on Wednesday.</font>
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<font face="arial,helvetica,sans-serif" size="3">Recalling the economic situation since the advent of the global crisis in 2008 and its effect on economies including India, Mr. Mukherjee said countries decided to inject a stimulus package as part of fiscal expansion, with India spending Rs. 18,60,000 crore or nearly three per cent of the GDP (Gross Domestic Product) which led to inflationary pressures. The problem was compounded by volatility in the energy sector with petroleum prices touching $ 142 a barrel in June 2008.</font>
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<font face="arial,helvetica,sans-serif" size="3">Besides, there was an impact on the prices of food items with kharif production falling by 15 million tonnes. The country faced a perpetual shortage of five per cent of the pulses requirement and 15 per cent of edible oils. Attempts to bridge the gap with imports did not yield the desired benefits.</font>
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<font face="arial,helvetica,sans-serif" size="3">The government's effort was to insulate the poor and vulnerable sections from the effects of high prices by providing foodgrains through the public distribution system. But unfortunately it did not happen in the absence of a proper PDS.</font>
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<font face="arial,helvetica,sans-serif" size="3">Mr. Mukherjee, however, ruled out the possibility of a universal PDS, stating that even in the present targeted system, States were unable to ensure proper delivery. They should decentralise the system to the panchayat level. The Centre was awaiting the report of the Standing Committee of Chief Ministers on the issue.</font>
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<font face="arial,helvetica,sans-serif" size="3">In this context, he said, the country required a collective concept of cooperative federalism so that effective delivery systems were put on the ground.</font>
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<font face="arial,helvetica,sans-serif" size="3">Praising the National Democratic Alliance government for doing away with the administrative price mechanism for oil, he said it resulted in a boom in investment in the sector.</font>
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<font face="arial,helvetica,sans-serif" size="3">As for the hike in the prices of petroleum products, he said that while there was a revenue angle the move was also aimed at bridging the revenue deficit and keeping the economy healthy.</font>
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<font face="arial,helvetica,sans-serif" size="3">Appealing to all sections of the House to discuss with their States the Goods and Services Tax, Mr. Mukherjee allayed the fears that the Centre would usurp their powers through a veto provision, stating he did not wish to be a &ldquo;Super Finance Minister.&rdquo;</font>
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<font face="arial,helvetica,sans-serif" size="3">Finance Minister Pranab Mukherjee on Thursday countered the Opposition attack that the government's policies resulted in price rise and said the steps it took resulted in food inflation coming down.</font>
</p>
<p align="justify">
<font face="arial,helvetica,sans-serif" size="3">Replying to the debate on the motion on price rise, he said additional revenue measures were also taken to bring down the fiscal deficit and keep the economy in a better shape.</font>
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<font face="arial,helvetica,sans-serif" size="3">The Rajya Sabha later unanimously adopted the motion: &ldquo;This House takes a considered view of inflation and urges the government to take further effective action to contain its [inflation] impact on common man.&rdquo; The Lok Sabha adopted a similar motion on Wednesday.</font>
</p>
<p align="justify">
<font face="arial,helvetica,sans-serif" size="3">Recalling the economic situation since the advent of the global crisis in 2008 and its effect on economies including India, Mr. Mukherjee said countries decided to inject a stimulus package as part of fiscal expansion, with India spending Rs. 18,60,000 crore or nearly three per cent of the GDP (Gross Domestic Product) which led to inflationary pressures. The problem was compounded by volatility in the energy sector with petroleum prices touching $ 142 a barrel in June 2008.</font>
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<p align="justify">
<font face="arial,helvetica,sans-serif" size="3">Besides, there was an impact on the prices of food items with kharif production falling by 15 million tonnes. The country faced a perpetual shortage of five per cent of the pulses requirement and 15 per cent of edible oils. Attempts to bridge the gap with imports did not yield the desired benefits.</font>
</p>
<p align="justify">
<font face="arial,helvetica,sans-serif" size="3">The government's effort was to insulate the poor and vulnerable sections from the effects of high prices by providing foodgrains through the public distribution system. But unfortunately it did not happen in the absence of a proper PDS.</font>
</p>
<p align="justify">
<font face="arial,helvetica,sans-serif" size="3">Mr. Mukherjee, however, ruled out the possibility of a universal PDS, stating that even in the present targeted system, States were unable to ensure proper delivery. They should decentralise the system to the panchayat level. The Centre was awaiting the report of the Standing Committee of Chief Ministers on the issue.</font>
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<font face="arial,helvetica,sans-serif" size="3">In this context, he said, the country required a collective concept of cooperative federalism so that effective delivery systems were put on the ground.</font>
</p>
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<font face="arial,helvetica,sans-serif" size="3">Praising the National Democratic Alliance government for doing away with the administrative price mechanism for oil, he said it resulted in a boom in investment in the sector.</font>
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<font face="arial,helvetica,sans-serif" size="3">As for the hike in the prices of petroleum products, he said that while there was a revenue angle the move was also aimed at bridging the revenue deficit and keeping the economy healthy.</font>
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Finance Minister Pranab Mukherjee on Thursday countered the Opposition attack that the government's policies resulted in price rise and said the steps it took resulted in food inflation coming down.


Replying to the debate on the motion on price rise, he...'
$disp = '<p align="justify"><font ></font></p><p align="justify"><br /><font >Finance Minister Pranab Mukherjee on Thursday countered the Opposition attack that the government's policies resulted in price rise and said the steps it took resulted in food inflation coming down.</font></p><p align="justify"><font >Replying to the debate on the motion on price rise, he said additional revenue measures were also taken to bring down the fiscal deficit and keep the economy in a better shape.</font></p><p align="justify"><font >The Rajya Sabha later unanimously adopted the motion: &ldquo;This House takes a considered view of inflation and urges the government to take further effective action to contain its [inflation] impact on common man.&rdquo; The Lok Sabha adopted a similar motion on Wednesday.</font></p><p align="justify"><font >Recalling the economic situation since the advent of the global crisis in 2008 and its effect on economies including India, Mr. Mukherjee said countries decided to inject a stimulus package as part of fiscal expansion, with India spending Rs. 18,60,000 crore or nearly three per cent of the GDP (Gross Domestic Product) which led to inflationary pressures. The problem was compounded by volatility in the energy sector with petroleum prices touching $ 142 a barrel in June 2008.</font></p><p align="justify"><font >Besides, there was an impact on the prices of food items with kharif production falling by 15 million tonnes. The country faced a perpetual shortage of five per cent of the pulses requirement and 15 per cent of edible oils. Attempts to bridge the gap with imports did not yield the desired benefits.</font></p><p align="justify"><font >The government's effort was to insulate the poor and vulnerable sections from the effects of high prices by providing foodgrains through the public distribution system. But unfortunately it did not happen in the absence of a proper PDS.</font></p><p align="justify"><font >Mr. Mukherjee, however, ruled out the possibility of a universal PDS, stating that even in the present targeted system, States were unable to ensure proper delivery. They should decentralise the system to the panchayat level. The Centre was awaiting the report of the Standing Committee of Chief Ministers on the issue.</font></p><p align="justify"><font >In this context, he said, the country required a collective concept of cooperative federalism so that effective delivery systems were put on the ground.</font></p><p align="justify"><font >Praising the National Democratic Alliance government for doing away with the administrative price mechanism for oil, he said it resulted in a boom in investment in the sector.</font></p><p align="justify"><font >As for the hike in the prices of petroleum products, he said that while there was a revenue angle the move was also aimed at bridging the revenue deficit and keeping the economy healthy.</font></p><p align="justify"><font >Appealing to all sections of the House to discuss with their States the Goods and Services Tax, Mr. Mukherjee allayed the fears that the Centre would usurp their powers through a veto provision, stating he did not wish to be a &ldquo;Super Finance Minister.&rdquo;</font></p><p align="justify"><font ></font></p>'
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We've reined in food inflation: Pranab

Finance Minister Pranab Mukherjee on Thursday countered the Opposition attack that the government's policies resulted in price rise and said the steps it took resulted in food inflation coming down. Replying to the debate on the motion on price rise, he said additional revenue measures were also taken to bring down the fiscal deficit and keep the economy in a better shape. The Rajya Sabha later unanimously adopted the motion: “This House takes a considered view of inflation and urges the government to take further effective action to contain its [inflation] impact on common man.” The Lok Sabha adopted a similar motion on Wednesday. Recalling the economic situation since the advent of the global crisis in 2008 and its effect on economies including India, Mr. Mukherjee said countries decided to inject a stimulus package as part of fiscal expansion, with India spending Rs. 18,60,000 crore or nearly three per cent of the GDP (Gross Domestic Product) which led to inflationary pressures. The problem was compounded by volatility in the energy sector with petroleum prices touching $ 142 a barrel in June 2008. Besides, there was an impact on the prices of food items with kharif production falling by 15 million tonnes. The country faced a perpetual shortage of five per cent of the pulses requirement and 15 per cent of edible oils. Attempts to bridge the gap with imports did not yield the desired benefits. The government's effort was to insulate the poor and vulnerable sections from the effects of high prices by providing foodgrains through the public distribution system. But unfortunately it did not happen in the absence of a proper PDS. Mr. Mukherjee, however, ruled out the possibility of a universal PDS, stating that even in the present targeted system, States were unable to ensure proper delivery. They should decentralise the system to the panchayat level. The Centre was awaiting the report of the Standing Committee of Chief Ministers on the issue. In this context, he said, the country required a collective concept of cooperative federalism so that effective delivery systems were put on the ground. Praising the National Democratic Alliance government for doing away with the administrative price mechanism for oil, he said it resulted in a boom in investment in the sector. As for the hike in the prices of petroleum products, he said that while there was a revenue angle the move was also aimed at bridging the revenue deficit and keeping the economy healthy. Appealing to all sections of the House to discuss with their States the Goods and Services Tax, Mr. Mukherjee allayed the fears that the Centre would usurp their powers through a veto provision, stating he did not wish to be a “Super Finance Minister.”