Countering the opposition charge, Food minister P Thilothaman asserted that effective steps had been taken to control the price rise.
"The situation is not as bad as alleged," he said.
He said Rs.446 crore had been provided for sale of subsidised essential commodities through the outlets of state civil supplies corporation in the last eight months.
As a measure to check price rise during the coming festival season of Onam, the minister said it was planned to open 1470 Onam markets across the state that would sell essential items at a reasonable price.
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Though price of rice stood at a high rate during the last three months, it has come down and is now in the range of Rs.35 to Rs.40 (per kg), he said.
A trade deal to bring the rice variety necessary for the state from Andhra Pradesh has been finalised, the minister said.
Criticising the minister for the price rise, the opposition said he had failed in tackling the situation and wanted the issue to be discussed as an adjournment motion in view of its "seriousness."
But, Speaker P Sreeramakrishnan disallowed the motion after the minister's reply following which the UDF staged a walkout.
Before walking out, Leader of the opposition in the assembly Ramesh Chennithala said: "Government failed to control price rise and the situation will become worse in the coming festival seasons of Onam and Bakrid."
The GST implementation has also worsened the situation, he added.