PM holds meeting to tackle price rise

New Delhi: With the prices of essential commodities reaching worrying levels, Prime Minister Manmohan Singh on Tuesday held a high level meeting to find ways to tackle inflation, particularly of food items.

The meeting was attended, among others, by Finance Minister Pranab Mukherjee, Home Minister P Chidambaram, Food and Agriculture Minister Sharad Pawar and Planning Commission Deputy Chairman Montek Singh Ahluwalia.

Food inflation rose to 18.32 per cent for the week ended December 25, due to rise in prices of food items like onion, milk and meat.

Retail price of onion continues to rule high at Rs 55-60 per kg in major parts of the country due to sluggish supply.

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