Business Standard

Lower food inflation top priority of new government - president

Image

Reuters NEW DELHI

NEW DELHI (Reuters) - Containing food inflation will be the top priority of Prime Minister Narendra Modi's new government, the president said in a parliamentary address on Monday, with an emphasis on improving supplies and farm pricing.

The government will also clamp down on hoarding and black marketeering and is preparing contingency plans for sub-normal monsoon rains, President Pranab Mukherjee said in the address to the new parliament formed after Modi won a general election in May.

(Reporting by Frank Jack Daniel; Editing by John Chalmers)

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jun 09 2014 | 11:29 AM IST

Explore News