Tuesday, November 24, 04:52 am IST
Hot Searches:  mukesh ambanisugarforbes rich list
| Feedback
Moneycontrol » News Center » Markets » Local Markets
Rising food prices a cause of worry: Junior Farm Minister
Published on Tue, Nov 10, 2009 at 15:15   |  Updated at Tue, Nov 10, 2009 at 17:02  |  Source : Reuters

The Junior Farm Minister KV Thomas said on Tuesday that while rising food prices are a cause of worry, the prospects for winter-crop sowing were good.

"We are worried about rising food prices due to a shortfall in summer foodgrain production," Thomas told reporters.

India's food prices rose 13.39% in the 12 months to October 24, highlighting concerns that the index could stay high despite government efforts to keep a lid on prices.

India's summer-sown food crops, particularly rice, were hit this year by the worst monsoon in 37 years, which has pushed up food prices.

Important Links Today:  Leadership Wall    Chat Calendar    The 10 List   
WHAT OTHERS LIKE
  • Most Read
  • Most Viewed
©Network 18, 2009. All Rights Reserved