Sunday, January 24, 2010

Govt policies responsible for rising food prices


Sushma Ramachandran
Even as food prices continue to rise inexorably at over 16 per cent, the government has finally taken steps to curb the spiralling price inflation that has been hurting all sections of society, especially the poorest of the poor. And Agriculture Minister Sharad Pawar is in the eye of a storm over remarks that milk prices may go up as shortages are being reported by several states.

He has also announced measures to reduce prices of basic food articles like wheat, rice and sugar. He has even assured that prices will begin to climb down in 10 days. The question is why the government took so long to take these measures when it had been clear for the last few weeks that food prices were rising uncontrollably?

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