Tuesday, June 1, 2010

Govt weighed down by price rise, admits PM | Deccanherald

Manmohan Singh

The United Progressive Alliance (UPA) government at the center Tuesday said the price rise was one of the biggest problems in the country. It has also promised to look at the development comes at the grassroots level while fighting against Naxalism.

The UPA government in its report to the people "at the end of the first year in office in his second term, also underlined its commitment to inclusive growth. The 68-page report released on Tuesday, Prime Minister Manmohan Singh and UPA president Sonia Gandhi on Tuesday.

The Prime Minister said: "The pressure on prices was largely the aftermath of drought, but it requires a firm action." We have taken steps to contain inflation and protect the vulnerable sections of our society. I am happy that prices have shown a moderating trend in recent weeks.I hope that this trend will continue. We will continue to monitor the situation closely and take remedial measures necessary to rein in inflation. "

Singh and Gandhi, after the release of the report, spoke about the commitment of the coalition for the National Food Security Act, the UPA's flagship program for a second term in power. "The Food Security Bill is under preparation. It is proposed to be located in the public sphere of control," said Singh.

But there was no mention of the introduction of the Women's Reservation Bill in Lok Sabha, who has hit a roadblock after objections from some leaders. On the economic front, the report stresses that the UPA's success in maintaining a stable economic growth discard all odds.

"In the current fiscal year, the economy is expected to grow by 8.5 percent. This is one of the best athletes in the world and reflects the strong fundamentals, which we have built up over several years," Singh said in his opening remarks on the report.

The UPA congratulated on adopting the right to education law. Calling the law a "historic step", said Prime Minister: "The Government will work in partnership with state governments and other stakeholders to make the basic right to education a reality. We have already taken several initiatives in the field of higher education. In the coming years we will work to reform the system, medical school. "The UPA government had a role in meeting the challenges of climate change, according to the report.

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