Manmohan commits to control rising prices
Sunday, 16 August 2009
NEW DELHI, Aug 15 (PTI): With nearly one-fourth of India reeling under drought, the government today asserted the country has adequate stocks of foodgrains and all efforts would be made to check rising prices and hoarding.
"No one will go hungry...we will provide all possible assistance to our farmers to deal with the drought," Prime Minister Manmohan Singh said, assuring the nation on the 63rd Independence Day.
"We have adequate stocks of foodgrains. All efforts will be made to control rising prices of foodgrains, pulses and other goods of daily use," he said in his address, issuing a stern warning to black-marketers against hoarding of foodgrains and other goods of daily use.
This year there has been deficiency in the monsoons. The government had recently said this will result in a 20 per cent decline in sowing of kharif (summer crops).
In order to mitigate hardships of farming community, the Prime Minister said the government has postponed the date of repayment of loans and additional support has been given to the farmers for payment of interest on short-term crop loans.
"No one will go hungry...we will provide all possible assistance to our farmers to deal with the drought," Prime Minister Manmohan Singh said, assuring the nation on the 63rd Independence Day.
"We have adequate stocks of foodgrains. All efforts will be made to control rising prices of foodgrains, pulses and other goods of daily use," he said in his address, issuing a stern warning to black-marketers against hoarding of foodgrains and other goods of daily use.
This year there has been deficiency in the monsoons. The government had recently said this will result in a 20 per cent decline in sowing of kharif (summer crops).
In order to mitigate hardships of farming community, the Prime Minister said the government has postponed the date of repayment of loans and additional support has been given to the farmers for payment of interest on short-term crop loans.