Saturday, March 17, 2007

Hound hoarders, act: Finmin

Pushed past his limit of tolerance for inflation, Finance Minister P Chidambaram said the government will neither plead helplessness nor remain passive to rising cement prices, while asking states to act against those hoarding primary articles.

Winding up the debate on Budget 2007-08 in Lok Sabha amid noisy protest by the Opposition, the minister said the government "cannot plead helplessness or remain passive" to abnormal rise in prices of the construction material.

Read more at Financial Express