January 16, 2010 9:05 AM

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Govt committed to ensure price stability: PM

The Prime Minister favours financial policies which pay attention to the needs of the poor sections of society. He said that government is committed to ensure price stability. Dr.Manmohan Singh said this will be done despite India moving on a path of 9 to 10 per cent growth. The Prime Minister said that the growth path commit itself to inclusion of the poor in the financial and credit system of the country. He was speaking at a function, after releasing a book based on the speeches of RBI Governors in New Delhi. He said he has every reason to believe that the next 75 years of the country will be more innovative. Speaking on the occasion, RBI Governor said that the book contains 32 speeches of eight governors.<br/><br/>Meanwhile, the CPI-M has launched an attack on the government for its alleged failure to check the rising prices. In a statement issued in New Delhi, the Politburo of the Party said that government faulty approach is evident in the decision to release buffer stock of food grain in the open market rather to provide to the state government at subsidies rates to restore the earlier cuts in allocations to the populations living above poverty line.

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