Arjun Munda slams UPA govt for price hike

Ranchi, Apr 25: Opposition leader Arjun Munda today expressingconcern over price rise of essential commodities said the Jharkhandgovernment's initiatives to control the price hike went futile. Mr Munda said the rate of inflation was above seven per cent,which was alarming for a state that produces a meagre amount ofconsumer products.

The former chief minister further said the rise in the prices ofwholesale products was about seven per cent which would raise to nineper cent for retail products.

Terming all the previous announcements regarding price hikecontrol by the UPA backed government as a 'political stunt', Mr Mundawarned that the situation would become 'miserable' if government failsto ensure availability of essential commodities according to market'sdemand.

UNI