Delhi: Prime minister Manmohan Singh has set up a
special monitoring cell to keep a daily watch on inflation
and has sought the personal intervention of state chief
ministers to help control prices and ensure adequate supplies
of essential commodities to consumers.
a letter to state chief ministers yesterday, the PM said
state governments could help curb the rise in prices of
essential commodities by monitoring unusual, short-term
price fluctuations and cracking down on profiteers and
asked them to set up mechanisms for intensive monitoring
of the prices of commodities and intervene where necessary.
also told the chief ministers that an efficient state-wide
public distribution system would ensure availability of
essential commodities to low and middle-income consumers
who were particularly
vulnerable to price rises.
forward markets commission has already banned trading
in pulses like urad and tur, the PM informed them.