No alibis for food inflation

When food inflation touched a three-week high in late September due to costly vegetables, pulses and some protein-based items, Union finance minister Pranab Mukherjee was quick to admit that high prices were a concern. If food inflation stood at 9.41 per cent then, up from 9.13 per cent a week prior to that, the government seems to be doing precious little to abort its relentless march towards the double digit territory.

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