Mumbai, October 11: Attributing the rising food prices to specific reasons like drought, Prime Minister Manmohan Singh today exuded confidence that worst was over and situation would improve with the ensuing winter crop.
“Till now it seems the worst (on the price front) is indeed over,” he said while replying to questions on the impact of drought on the prices of essential goods at a press conference here.
“Prices of some items have gone up due to specific reasons like drought. I am hopeful that we would have normal rabi (winter) crop … and if it is normal it would surely have its impact on the situation,” Singh said.
Although the overall inflation is below one per cent, the prices of essential goods, especially vegetables like potato and onion, have continued to rise relentlessly causing pain to common man.
–PTI