"Stability in the retail prices of pulses has been achieved on account of pre-emptive and proactive measures taken by the government such as taking import of tur, urad and moong from 'restricted to free category' with effect from May 15, in order to ensure smooth and seamless imports," the Union Ministry of Consumer Affairs, Food and Public Distribution said in a release.
Retail Inflation was on an easing trajectory from July-September after being above the RBI-mandated threshold of 6 per cent owing to the disruption caused by the second wave of the COVID-19 pandemic.
This compares to a cooling-off to 5.3 per cent recorded in August this year. The calm in inflation figures came after several months wherein the inflation levels had breached the threshold 6 per cent mark mandated by the RBI.
RBI's September 2021 bulletin said inflation outcome for August 2021 "vindicated" the Monetary Policy Committee's suggestion for treating the May price shock as transitory
Consumer price inflation accelerated to 3.2 per cent in the 12 months through August from 2per cent the previous month, the Office for National Statistics said on Wednesday
Chairperson of Public Accounts Committee (PAC) Adhir Ranjan Chowdhury addresses the conference to mark centennial year celebration of PAC, in the Central Hall of Parliament House, in New Delhi. Lok Sabha Speaker Om...PTI Photo/Arun Sharma
Expelled AIADMK leader VK Sasikala pays tribute to J Jayalalithaa on her fifth death anniversary, near Marina Beach, in Chennai.PTI Photo/R Senthil Kumar
Devotees wait in queues outside the Sri Krishna Janambhoomi temple in Mathura. Security has been tightened in Mathura after Akhil Bharat Hindu Mahasabha announced its plan to perform ‘jalabhishek’ at Shahi Eidgah in...PTI Photo
Lok Sabha Speaker Om Birla delivers valedictory address during the conference to mark centennial year celebration of Public Accounts Committee (PAC), in the Central Hall of Parliament House, in New Delhi.PTI Photo/Arun Sharma
A black flag being hoisted at the venue of Hornbill festival in solidarity with the civilians, killed in an anti-insurgency operation, in Kisama, Nagaland.PTI Photo
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