New Delhi: The Government of India has undertaken various measures to control inflation, according to a response presented by the Ministry of Finance in the Lok Sabha.

In reply to Gujarat’s lone Congress MP from Banaskantha Lok Sabha seat, Geniben Thakor, the Minister of State for Finance, Pankaj Chaudhary, said, “The steps taken by the Government to bring down the inflation rate included strengthening the buffer stock of essential food items and periodic open market releases,
subsidised retail sale of items like rice, wheat flour, pulses and onion in specified outlets, easing imports of the essential food items through rationalisation of duties, prevention of hoarding through imposition/revision and monitoring of stock limits, reduction of GST rates on various essential items from time to time and the targeted subsidy of LPG under Pradhan Mantri Ujjwala Yojana beneficiaries. The Pradhan Mantri Garib Kalyan Anna Yojana largely protects the vulnerable sections from price pressures in food grains.”

The status of all-India retail inflation rate based on Consumer Price Index-Combined is as follows: