Tuesday, Sep 16, 2014

PM Modi pushes for centre-state coordination to contain inflation

Narendra Modi says states should set up special courts for speedy trial of hoarders and black-marketeers. Narendra Modi says states should set up special courts for speedy trial of hoarders and black-marketeers.
Press Trust of India | Posted: June 26, 2014 3:34 pm

Amid weakening of monsoon and rise in food prices, Prime Minister Narendra Modi today pushed for close coordination between the centre and states on implementing contingency plans and asked states to set up fast-track courts to deal with hoarders and black-marketeers.

Holding a meeting with Cabinet colleagues to review the progress of monsoon and steps taken to contain inflation, the Prime Minister directed that adequate water, power and seed supply should be ensured to the farmers so that the production is not affected due to scant rainfall.

The meeting was told that the monsoon has been weak but it is likely to “improve substantially” in the next two months and steps taken to contain inflation have shown “positive effect”.

The Agriculture Ministry has firmed up a contingency plan for more than 500 districts, the meeting was told.

Modi “stressed on the need for both the centre and states to proactively mount a coordinated effort in implementing the advance action plan for the monsoon, with districts, rather than states, being the unit of planning,” said a PMO statement issued after over two-hour-long meeting.

Taking stock of the steps being taken to contain inflation, he said states should set up special courts for speedy trial of hoarders and black-marketeers.

“It was observed that the measures are having a positive effect, with adequate rice stocks reaching markets,” the statement said, adding there is now no shortage of onion stocks in Delhi.

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