ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Groundnut Oil Fall Arrested

Groundnut Oil Fall Arrested

could not. New Delhi is still toying with the idea (or is it just a political stunt?) of freezing prices, wages, profits and dividends, but prices of agricultural commodities have already developed an easier tendency under the influence of favourable weather. One really wonders whether the Government should at all be seriously considering a plan to contain inflationary pressures when recessionary trends are in evidence in several areas of the economy and the highly satisfactory progress of monsoon holds out the hope of a good agricultural season. Could it be that New Delhi is preparing an emergency plan to be implemented only in the event of another drought?

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