Union Finance Minister, Pranab Mukherjee has said that the government has decided to allow duty free import of essential commodities to check the price rise. He said state governments and private players have been allowed imports of essential items like sugar, pulse, edible oil to deal with the situation.Mr Mukherjee was talking to media persons at Jhangipur in Murshidabad district of West Bengal on Sunday. He said that recent increase of the Cash Reserve Ratio, CRR, by Reserve Bank of India will help in controlling price rise.
News On AIR | February 1, 2010 8:51 AM
Govt to allow duty-free import of essential commodities to check price rise