The Government today ruled out roll back of fuel prices. It maintained that the present financial condition does not allow it to do so. Replying to the debate to complete the first phase of budgetary exercise in the Lok Sabha, the Finance Minister, Mr Pranab Mukherjee acknowledged that the hike in the fuel prices may push the inflation by 0.4 per cent but he said there was no alternative to it as the international oil prices have risen dramatically in the last two years. <br/><br/>The Finance Minister says that incentives to boost growth, enhance productivity and roll back fiscal deficit will help in bringing down inflation.<br/><br/>Mr Mukherjee said a series of measures have been taken to address the food inflation. Strongly rebutting opposition charges, Mr Mukherjee said import of food grains and pulses at zero duty have been allowed to bridge the gap between the demand and supply. The Finance Minister said that the inflation is also the result of international financial crisis and the drought-like situation in many parts of the country.<br/><br/> Mr Mukherjee said that apart from pumping 4 lakh tonnes of of foodgrains to open market sale, people living below poverty line are regularly being provided grains at subsidized rates under PDS. Refering to agriculture, Mr Mukherjee said that he has prepared a multi-pronged strategy to put this sector on sound rails. <br/><br/>his included enhancing agriculture productivity, preventing its waste and adequate credit flow. Contesting the opposition argument, Mr Pranab Mukherjee said over 12 thousand crore rupees have been earmarked for this sector for the next fiscal. Dismissing opposition charges one by one, he said despite difficult economic situation, the domestic savings are around 32 per cent and expressed hope to raise it to 36 per cent. <br/><br/>Slamming opposition for raising the bogey of aam admi, Mr Pranab Mukherjee said that the UPA government has enacted historic legislations like right to job, right to education and right to information and is now going to provide the right to food to the people. He said that 37 per cent of the plan outlay has been spent on social sector schemes and 25 per cent of the amount for infrastructure has been spent in the rural areas. <br/><br/>He said government is bound to provide job to people under Mahatma Gandhi NREGA whether any budgetary provision is made for the scheme or not. Referring to the unorganized sector, Mr Mukherjee said that a law is in place for safeguarding the interest of the workers in unorganised sector.<br/><br/>He informed the House that the pension scheme for this sector is on anvil and said Karnataka and Haryana governments have already responded to the central proposal. The House later passed demands for grants on accounts for next fiscal. <br/><br/>The opposition BJP and Left and other parties staged a walk out in protest the Finance Minister's turning down the plea of roll back prices of fuels.