The Hindu : Andhra Pradesh / Hyderabad News : Price situation well under control, says YSR

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Tuesday, Oct 07, 2008
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Andhra Pradesh

Andhra Pradesh - Hyderabad

Price situation well under control, says YSR

S. Nagesh Kumar

A.P. Chief Minister favours polls in February-March

“No anti-establishment feeling among people”
“Opposition created a brouhaha over fertilizer”

HYDERABAD: Andhra Pradesh Chief Minister Y. S. Rajasekhara Reddy is of the view that the price situation was well under control and rise in the cost of certain essential commodities was only to be expected. “When we raised the minimum support price of paddy from Rs. 500 to nearly Rs. 900 a quintal, it is quite in order that the retail prices rise,” he said.

Speaking to this correspondent here on Monday, Dr. Reddy rejected the Telugu Desam’s contention that there was an anti-establishment feeling among people arising from the inflation and resentment towards the Government among farmers due to the fertilizer shortage.

The Chief Minister contended that the Opposition was creating an unnecessary brouhaha over fertilizer when there was no shortage. There was indeed a very marginal shortfall in supply but its fallout was confined to a few pockets. Did this imply that the shortage was caused by deficiencies at the Central level in allocation of fertilizer to the States, he was asked. “No. the Centre has despatched almost the entire quantity of 32 lakh tonnes promised for the kharif. However, we must appreciate that problems are bound to arise when the subsidy on fertilizer shoots up from Rs. 30,000 crore to Rs. 1.30 lakh crore,” he replied.

Personal view

Dr. Reddy said he was is in favour of advancing the Assembly elections a month or two ahead of the scheduled time of April 2009 as it would be advantageous to the Congress party. This, he clarified, was his considered personal view and not a party decision.

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