Speaking to reporters after the Cabinet Commitee meet, he said, "People had a wrong impression about the Centre's role in controlling prices."
He also asked Union Agriculture Minister Sharad Pawar to publicise steps taken to control food prices.
He further said short-term measures will be introduced to arrest prices.
The meeting, chaired by Prime Minister Manmohan Singh, was held to take decisions on checking the rising prices of sugar and other items.
The retail price of sugar has doubled from Jan 2009 and is currently inching close to Rs 50 per kg.
Besides sugar, the prices of pulses, potato, onion and vegetables have been rising due to widespread impact of drought and floods in different parts of the country.