BUSINESS

Rediff.com » Business

How Maharashtra plans to counter inflation
By BS Reporter in Mumbai
April 12, 2008 09:22 IST
The Maharashtra government on Friday announced a series of measures to combat inflation.

These include making available essential commodities like pulses, edible oil and grains at concessional rates and allowing direct sale of farm produce to consumers, bypassing the Agriculture Produce Market Committee.

The decisions were taken in the state cabinet meeting on Thursday. The state government has earmarked nearly Rs 67.60 crore (Rs 676 million) per month to back these anti-inflationary measures.

Under the series of measures announced by the minister, 1 kg edible oil will be made available to all families through the public distribution system (PDS) at the rate of Rs 50 per kg, 1 kg tur at Rs 30 per kg and 5 kg rice will be made available at the rate of Rs 12 per kg.

BS Reporter in Mumbai
Source:
© 2024 Rediff.com