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Pune has become an economic hub: Pranab

November 08, 2011 12:49 am | Updated 12:49 am IST - PUNE:

Finance Minister Pranab Mukherjee being honoured at a Bank of Maharashtra programme in Pune on Monday. Photo: PTI

Union Finance Minister Pranab Mukherjee on Monday described Pune as a vibrant economic hub and hailed the contribution of Pune-based industrialists towards the national growth.

Releasing the book ‘Icons of Pune', which profiles young entrepreneurs from the city, Mr. Mukherjee said the city was an economic hub for the growing automobile and IT sectors.

The coffee-table book has been brought out by Lokmat Media Group.

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Speaking on the occasion, Maharashtra Chief Minister Prithviraj Chavan said the book was “inspirational” and a similar profiling of icons from other walks of life should be done.

Lokmat Group head and MP Vijay Darda and state education minister Rajendra Darda were present on the occasion.

Expressing concern over high food inflation, Mr. Mukherjee attributed the reason for rising food prices to growing demand for certain products.

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“Food inflation is a matter of great concern,” he said.

On food inflation data, he said, “The recent spike in inflation for the last three weeks...principle reason is that the demand for eggs, meat, vegetables and milk has increased”.

Food inflation touched a nine-month high at 12.21 per cent for the week ended October 22.

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