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Centre seeks to get on top of inflation by Gargi Parsai

Availability of commodities to be augmented The Centre on Wednesday stepped up its efforts to rein in food inflation, which touched 18.32 per cent for the week ended December 25 last with onion price soaring to Rs. 60 a kg in retail. Prime Minister Manmohan Singh met Finance Minister Pranab Mukherjee, who later held a closed-door meeting with Agriculture Minister Sharad Pawar and Planning Commission Deputy Chairman Montek Singh Ahluwalia. Mr. Pawar...

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Meet on inflation remains ‘inconclusive' by Gargi Parsai

Export of sugar, hike in Above Poverty Line price under Public Distribution System put on hold A meeting convened by Prime Minister Manmohan Singh on Tuesday to discuss inflation and ways to tackle it, particularly the zooming prices of onion, vegetables, fruits, eggs and milk, remained “inconclusive,” official sources said. The Ministers concerned will meet Dr. Singh again in a day or two to come up with measures to tackle food...

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Price rise: Chidambaram questions Pawar on sugar exports by Surojit Gupta

Differences within the ruling government alliance over food management came to the fore on Tuesday with home minister P Chidambaram questioning agriculture minister Sharad Pawar's pitch for resuming export of sugar. A meeting convened by Prime Minister Manmohan Singh to discuss measures to calm soaring food prices saw sugar become a key focus area with Pawar plumping for freeing its export, citing an expected bumper crop this year. As soon...

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Furious at tax raids, Onion traders strike

Not used to anyone inspecting their books, Onion traders have not taken lightly to the govt's efforts to find the hoarders and others indulging in mass-scale wrongdoing and launched a strike that will hit consumers' pockets even more. However, they have said that they are being forced to sell under even the production cost. Understandably, but there were not many takers for that view. Traders in Nashik and adjoining areas today went...

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Onion traders on strike following I-T raids

Nashik Onion traders on Monday decided not to purchase onions for two days from the Agricultural Produce Market Committees, following the nationwide I-T raids on Onion traders. Traders are protesting against the Maharashtra government's directive of selling onions at not more than Rs 40 per kg. The decision was taken by Nashik District Onion traders Association at a meeting. Farmers, meanwhile are angry with the traders' decision. The Maharashtra State Government has...

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