October 27, 2015 2:15 PM

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Govt concerned about high prices of food items: Jayant Sinha

Union Minister of state for Finance Jayant Sinha today said that the government is concerned about high prices of food items, especially dal and is monitoring the situation very closely. Speaking at an investment summit in Mumbai today, Mr. Sinha said the long-term indicators suggest inflation is coming down substantially.As challenges emerge in meeting the mammoth Rs 69,500-crore disinvestment target for this fiscal, Mr. Sinha said one of the reasons why the divestment process is challenging right now is because many of the companies the government is considering for divestment are in the commodity industries. The minister further said the government has to take that into consideration when and to what extent it will take the PSUs to markets.

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