States asked to crack down on hoarders: Jaitley

Tags: News
With prices of essential food items shooting up, the Centre today unveiled measures to tame inflation by asking state governments to crack down on hoarders and delist items such as onions and potato on which a minimum export price was slapped to discourage exports.

The steps were disclosed by Finance Minister Arun Jaitley after a high-level meeting in which Agriculture Minister Radha Mohan Singh, Food Minister Ramvilas Paswan, Commerce Minister Nirmala Sitharaman and top officials including Nripendra Misra, Principal Secretary to Prime Minister Narendra Modi, were present.

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    As reported by this paper in its Monday edition, government is unlikely to play any role in resolution of issues between banks and borrowers.

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