‘Check price-rise through market intervention’

April 25th, 2008 - 8:26 pm ICT by admin  

Thiruvananthapuram, April 25 (IANS) Leader of the opposition in Kerala assembly and former chief minister Oommen Chandy Friday advised the Left government in the state to think of market intervention to check rising prices, instead of blaming or agitating against the central government. “A more sensible way of solving the present issue of price-rise is through proper market intervention. The Left government here has failed to do it, and to cover up its follies it is blaming the central government. We are not going to join the Left government protest or strike against the central government,” Chandy told reporters here.

He was responding to state Finance Minister Thomas Isaac’s announcement Thursday that if the central government does not do its job of helping the state to tide over the crisis, the Left government would lead a protest to Delhi.

Price of rice in the open market in Kerala touched an all time high of Rs.25 a kg primarily because the central government reduced the state’s monthly allocation of rice from 130,000 tonnes to 17,000 tonnes.

“This was done in June 2006 and the Achuthanandan government was silent. They did not do anything then and now they blame the central government,” said Chandy.

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