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The Prime Minister, Dr Manmohan Singh, on Tuesday, held a meeting with several of his key Cabinet colleagues, to review measures being taken to check rising food prices, especially that of onions, dairy products and poultry items.
The Finance Minister, Mr Pranab Mukherjee, the Home Minister, Mr P. Chidambaram, the Agriculture Minister, Mr Sharad Pawar, the Planning Commission Deputy Chairman, Mr Montek Singh Ahluwalia, and the Cabinet Secretary, Mr K. M. Chandrashekhar, were among those who attended the meeting, at the Prime Minister's 7 Race Course Road residence here. According to officials, the meeting remained inconclusive and could be reconvened in the next few days.
Food inflation surged sharply to 18.32 per cent for the week ended December 25, due to rise in prices of a majority of food items.
Retail prices of onion continue to rule well above Rs 55 a kg in major parts of the country, due to sluggish supply.
Measures such as raids on traders and slashing of the duty on onion imports, have not helped ease the situation.
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