An Empowered Group of Ministers, EGoM, on food is scheduled to meet today in New Delhi and is likely to review prices of essential commodities and also discuss imposition of import duty on sugar. Sources said that the EGoM, headed by Finance Minister Pranab Mukherjee, may also take up the issue of increasing the central issue price (CIP) of sugar sold through ration shops. The Food Ministry had proposed an increase of Rs 4 per kg to Rs 17.50 per kg in the CIP of sugar through public distribution system. The EGoM would also deliberate upon allocating additional quota of wheat and rice through PDS and open market sale scheme to provide relief to people from high food prices. The meeting is being held in the backdrop of high prices of vegetables, especially onion, tomato and garlic. Meanwhile, Cabinet Secretary K M Chandrasekhar is also scheduled to review prices of essential commodities today with secretaries of key ministries, including agriculture and consumer affairs.
News On AIR | December 28, 2010 2:09 PM
Empowered Group of Ministers on food meets today to review prices of essential commodities