RECENT INFLATION CONTROL MEASURES
March 17
Ban on edible oil export
March 27
DEPB benefits withdrawn on steel, cement and certain mineral ores, FoB value of basmati upped to $1,100 per tonne
March 31
Import duty cut on palm oil, butter, ghee, export of non-basmati rice banned, pulses export ban extended to Mar 31, 09
April 3
DEPB benefits on basmati rice export withdrawn
April 11
Ban on cement export
April 17
Export benefits withdrawn for milk and its products. RBI announces two-stage CRR hike of 50 bps, w.e.f April 26 and May 10
April 29
RBI hikes CRR by another 25 bps
April 30
Import duty on steel, skimmed milk reduced, ad-valorem export duty imposed on steel products and basmati rice
May 7
Ban on futures trading of potato, soya oil, chana and rubber