Montek Singh supports cabinet decision on prices

April 1st, 2008 - 8:45 pm ICT by admin  

New Delhi, April 1 (IANS) Planning Commission Deputy Chairperson Montek Singh Ahluwalia Tuesday justified the government’s decision to cut import duty on edible oils and other commodities to check price rise, saying he was confident it would yield positive results soon. Commenting on the cabinet decision Monday night to cut import duty on edible oils and ban export of non-Basmati rice among other things, Ahluwalia said, “It was the right thing to do and will have a positive impact on the situation.”

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