April 8, 2010 9:16 PM

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Core Group on Price Rise discusses action against hoarders and black-marketeers

Enhancing production and productivity remained the focus of discussions in the first meeting of core group of chief ministers at the Prime Minister's residence.<br/><br/>The meeting which ended a short while ago also discussed measures to take tough action against hoarders and black marketers and bridging the gap between the demand and supply. The proposed food security Bill is believed to have figured in the discussions.<br/><br/>The core committee comprising of Chief Ministers of 10 states and senior central ministers was set up in February this year to monitor the price situation and suggest corrective measures.<br/><br/>AIR correspondent quoting official sources reports that the Government had prepared a background paper on measures to check prices of essential items ahead of the meeting . <br/>The Prime Minister Dr. Manmohan Singh yesterday, while reacting to the Jail Bharo Andolan by the Left parties on price rise said, that this problem cannot be solved by agitational tactics. <br/><br/>The government has taken a series of measures to address the growing food inflation and it is expected to ease with the prospects of a good rabi season.

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