Prime Minister Manmohan Singh has called an emergency meeting Tuesday morning to review the spiralling inflation and the rise in prices of essential goods, an official in the Prime Minister’s Office (PMO) said Monday.
“The meeting will be held at 10.30 a.m. Tuesday,” the official said.
Finance Minister Pranab Mukherjee, Agricultural Minister Sharad Pawar and other key functionaries in the economic ministries are likely to attend the special meeting, the PMO official said.
The meeting comes in the wake of a sharp rise in the prices of onion, vegetables and other essential goods, causing concern among both common people and policy makers.
Opposition parties have vehemently criticised the government for its “failure to curb the inflation”.
Official sources said that Tuesday’s meeting is likely to evolve emergency steps to bring down the prices of essential goods.
Income Tax teams had searched the premises of traders in Delhi’s Azadpur vegetable market Monday to check hoarding.
