Alarmed by the spurt in inflation months before the crucial state assembly elections, the Central Government announced a series of measures this month to control prices of essential commodities largely in the areas of oilseeds and pulses.
The steps announced ranged from suspending futures trade in a host of agricultural commodities, to extending the deadline for free import of pulses and lowering the import duty on refined edible oils.
The measures, all taken in a span of day or two, had the desired impact to a certain extent and latest data shows that the retail prices of all major edible