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Cabinet panel meets on price rise

Our Bureau

New Delhi, March 31 The Cabinet Committee on Prices met late evening on Monday to review the sharp increase in prices of food items and other manufactured goods, with a view to contain runaway inflation, which had clocked a 14-month high.

Earlier in the day, the Commerce Minister, Mr Kamal Nath, had said the Government was looking to cut duties on food items to rein in prices.

“We are looking to cutting our duties on many products on the food front,” he said.

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Cabinet committee on prices to meet on Monday

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