{"id":269458,"date":"2006-05-23T00:00:00","date_gmt":"2006-05-22T18:30:00","guid":{"rendered":"https:\/\/www.legalindia.com\/judgments\/further-discussion-regarding-rise-in-prices-of-essential-on-23-may-2006"},"modified":"2016-07-30T19:59:21","modified_gmt":"2016-07-30T14:29:21","slug":"further-discussion-regarding-rise-in-prices-of-essential-on-23-may-2006","status":"publish","type":"post","link":"https:\/\/www.legalindia.com\/judgments\/further-discussion-regarding-rise-in-prices-of-essential-on-23-may-2006","title":{"rendered":"Further Discussion Regarding Rise In Prices Of Essential &#8230; on 23 May, 2006"},"content":{"rendered":"<div class=\"docsource_main\">Lok Sabha Debates<\/div>\n<div class=\"doc_title\">Further Discussion Regarding Rise In Prices Of Essential &#8230; on 23 May, 2006<\/div>\n<p id=\"p_1\">                                          &gt; <\/p>\n<p>Title :  Further discussion regarding rise in prices of essential commodities, raised by Shri Basudeb Acharia on the 22nd May, 2006 (Discussion concluded).\n<\/p>\n<p>\u00a0  <\/p>\n<p id=\"p_1\">THE MINISTER OF FINANCE (<a class=\"marker_ref\" href=\"\/search\/?formInput=SHRI%20P.%20CHIDAMBARAM\" id=\"a_1\">SHRI P. CHIDAMBARAM<\/a>): Sir, this morning I began by replying to the debate\u2026 (Interruptions)\n<\/p>\n<p id=\"p_2\"> 14.01 hrs.  <\/p>\n<p>(At this stage Shri Rakesh Singh and some other hon. Members <\/p>\n<p>came and stood on the floor near the Table) <\/p>\n<p>\u00a0  <\/p>\n<p>SHRI <a class=\"marker_ref\" href=\"\/search\/?formInput=P.%20CHIDAMBARAM\" id=\"a_1\">P. CHIDAMBARAM<\/a>: Sir, this morning I began by replying to the debate on Essential Commodities. \u00a0This is an important issue.\u00a0I am surprised that the Opposition does not let us talk about an issue which concerns everyone, rich or poor, old or young and urban or rural.\u00a0 Having raised the issue, Government must have an opportunity to tell people how this issue is being handled and what steps are being taken to contain inflation.\u2026 (Interruptions)\n<\/p>\n<p id=\"p_3\">\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Let me point out, Sir, in 2001-02, the average WPI inflation was as high as 7.1 per cent.\u00a0 Last year we moderated inflation substantially.\u2026 (Interruptions)\u00a0 Last year the average WPI inflation was contained to below five per cent.\u00a0 This year, so far, the average WPI inflation is contained to below four per cent.\u00a0 The CPI has also been contained to less than five per cent.\u00a0 All this has been possible because of a number of steps taken by the Government.\u00a0\n<\/p>\n<p id=\"p_4\">Gross investment in agriculture has improved.\u00a0 We have not hesitated to import, wherever necessary, to augment availability of stock.\u00a0With respect to sugar, we have followed a dynamic policy.\u00a0 We have sharply increased the free release of sugar.\u00a0 We have not hesitated to import pulses from wherever it was available.\u00a0\n<\/p>\n<p id=\"p_5\">Our concern is that while there must be economic growth, some inflation will be inevitable.\u00a0 This inflation must be contained.\u00a0 In essential commodities we will use every power in our hand to ensure that goods are not only available, they are available at reasonable prices.\n<\/p>\n<p id=\"p_6\">Sir, I wanted to speak about the role of State Governments.\u00a0 Our State Governments have to cooperate in taking strong action against anyone who hoards or indulges in black marketing. The Central Government would only ensure that public investment takes place.\u2026 (Interruptions) That investment is augmented in irrigation, water bodies and in seeds and fertilisers so that all the inputs that go to make up higher production are maintained.\u00a0 When foodgrains, wheat and paddy are made available, the Government steps in to procure.\u00a0The price of sugar is controlled through the Sugar Control Order.\u00a0\n<\/p>\n<p id=\"p_7\">All this has been done by the Central Government.\u00a0 The State Governments have to cooperate by ensuring that the supply channels are not choked.\u00a0 Black marketeers and hoarders do choke the supply channels. The State Governments must cooperate and use their power under the Essential Commodities Act <\/p>\n<p>This Government has maintained high growth and low inflation.\u00a0 The earlier Government had lower inflation but had lower growth.\u00a0 Inflation control without growth is meaningless.\u00a0 We are committed to high growth and low inflation.\u00a0This Government will take every step possible to maintain the prices of essential commodities.\u00a0\n<\/p>\n<p>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0  <\/p>\n<p id=\"p_8\">_______ <\/p>\n<p>\u00a0  <\/p>\n<p>\u00a0  <\/p>\n<p>\u00a0  <\/p>\n<p>\u00a0  <\/p>\n<p>\u00a0  <\/p>\n<p>\u00a0  <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lok Sabha Debates Further Discussion Regarding Rise In Prices Of Essential &#8230; on 23 May, 2006 &gt; Title : Further discussion regarding rise in prices of essential commodities, raised by Shri Basudeb Acharia on the 22nd May, 2006 (Discussion concluded). \u00a0 THE MINISTER OF FINANCE (SHRI P. CHIDAMBARAM): Sir, this morning I began by replying [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-269458","post","type-post","status-publish","format-standard","hentry","category-judgements"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Further Discussion Regarding Rise In Prices Of Essential ... on 23 May, 2006 - Free Judgements of Supreme Court &amp; High Court | Legal India<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.legalindia.com\/judgments\/further-discussion-regarding-rise-in-prices-of-essential-on-23-may-2006\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Further Discussion Regarding Rise In Prices Of Essential ... on 23 May, 2006 - Free Judgements of Supreme Court &amp; 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