Ban On Speculative Trading

GOVERNMENT OF INDIA

MINISTRY OF  CONSUMER AFFAIRS, FOOD AND PUBLIC DISTRIBUTION

QUESTION NO  2823

ANSWERED ON  29.08.2011

Will the Minister of CONSUMER AFFAIRS, FOOD AND PUBLIC DISTRIBUTION be pleased to satate :-


(a) whether it is a fact that 70 per cent rise in food prices is because of speculative trading;

(b) if so, the details thereof;

(c) whether Government is considering to put a ban on such trading; and

(d) if so, by when such trading would be banned?
  
ANSWER
      
THE MINISTER OF STATE (INDEPENDENT CHARGE) FOR CONSUMER AFFAIRS, FOOD AND PUBLIC DISTRIBUTION

(PROF. K. V. THOMAS)


(a) : No Sir.

(b) : In view of the reply to part (a) above, question does not arise.

(c) : No Sir.

(d) : In view of the reply to part (c) above, question does not arise.


YS Chowdary Facebook
YS Chowdary Twitter
YS Chowdary Blog
YS Chowdary Wikipedia