Inessential imports will be curbed: Chidambaram


New Delhi, Sep 7 (IANS): Finance Minister P. Chidambaram Saturday said the government will soon take “hard decisions” to curb imports of inessential goods and contain inflation.

“We have to contain demand and practice austerity measures. Wasteful expenditure should be cut. We have to ensure that import of all inessential items are curbed,” he said while replying to a debate on the appropriation bill and price rise in the Rajya Sabha.

The finance minister cited the import of high-end television sets and said it cannot be imported under personal baggage any further.

“I am concerned about inflation. It is an unequal tax on all sections of people,” he said, adding that “no one in the government will be happy increasing petroleum and diesel prices.”

Petroleum Minister M Veerappa Moily has said he would announce measures to curb fuel use this month.

Chidambaram said to address the inflation the government will now focus on supply side and distribution system of food articles.

  

Top Stories


Leave a Comment

Title: Inessential imports will be curbed: Chidambaram



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.