{"page":"\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/resources-c03aa079.css\" /\u003e\n\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/lp_boclips_stylesheets-517835be.css\" media=\"all\" /\u003e\n\u003cdiv data-title='PM meets state ministers to discuss galloping food prices' data-url='/boclips/videos/5c54bd46d8eafeecae132ee6' data-video-url='/boclips/videos/5c54bd46d8eafeecae132ee6' id='bo_player_modal'\u003e\n\u003cdiv class='boclips-resource-page modal-dialog panel-container'\u003e\n\u003cdiv class='react-notifications-root'\u003e\u003c/div\u003e\n\u003cdiv class='rp-header'\u003e\n\u003cdiv class='rp-type'\u003e\n\u003ci aria-hidden='true' class='fai fa-regular fa-circle-play'\u003e\u003c/i\u003e\nVideo\n\u003c/div\u003e\n\u003ch1 class='rp-title' id='video-title'\u003e\nPM meets state ministers to discuss galloping food prices\n\u003c/h1\u003e\n\u003cdiv class='rp-actions'\u003e\n\u003cdiv class='mr-1'\u003e\n\u003ca class=\"btn btn-success\" data-posthog-event=\"Signup: LP Signup Activity\" data-posthog-location=\"body_link_boclips\" data-remote=\"true\" href=\"/subscription/new\"\u003e\u003cspan\u003e\u003cspan\u003eGet Free Access\u003c/span\u003e\u003cspan class=\"\"\u003e for 10 Days\u003c/span\u003e\u003cspan\u003e!\u003c/span\u003e\u003c/span\u003e\u003c/a\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-body'\u003e\n\u003cdiv class='rp-info'\u003e\n\u003cdiv aria-label='Hide resource details' class='rp-hide-info' role='button' tabindex='0'\u003e\u0026times;\u003c/div\u003e\n\u003ci aria-label='Expand resource details' class='rp-expand-info fai fa-solid fa-up-right-and-down-left-from-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003ci aria-label='Compress resource details' class='rp-compress-info fai fa-solid fa-down-left-and-up-right-to-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003cdiv class='rp-rating'\u003e\n\u003cspan class='resource-pool'\u003e\n\u003cspan class='pool-label'\u003ePublisher:\u003c/span\u003e\n\u003cspan class='pool-name'\u003e\n\u003cspan class='text'\u003e\u003ca data-publisher-id=\"30356011\" href=\"/search?publisher_ids%5B%5D=30356011\"\u003eCurated Video\u003c/a\u003e\u003c/span\u003e\n\u003c/span\u003e\n\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-description'\u003e\n\u003cspan class='short-description'\u003eNew Delhi - 6 February 2010 1. Indian Prime Minister Manmohan Singh arriving at the Chief Ministers'' meeting on price rises2. Wide of delegates taking their seats3. Wide of hall4. Wide of delegates5. SOUNDBITE (English) Manmohan Singh,...\u003c/span\u003e\n\u003cspan class='full-description hide'\u003eNew Delhi - 6 February 2010 \u003cbr/\u003e1. Indian Prime Minister Manmohan Singh arriving at the Chief Ministers'' meeting on price rises\u003cbr/\u003e2. Wide of delegates taking their seats\u003cbr/\u003e3. Wide of hall\u003cbr/\u003e4. Wide of delegates\u003cbr/\u003e5. SOUNDBITE (English) Manmohan Singh, Indian Prime Minister:\u003cbr/\u003e\"I believe that the worst is over as far as food inflation is concerned. With good crop prospects, remunerative procurement prices now being in place and Indian prices being broadly in line with international prices, I am confident that we will soon be able to stabilise food prices. Also, the new production figures should help to moderate inflationary price expectations. Food prices have softened in recent weeks and I expect this trend to continue.\"  \u003cbr/\u003eNew Delhi 4 February  2010\u003cbr/\u003e6. Woman buying vegetables from market vendor\u003cbr/\u003e7. Close of her hands taking out money from the purse and handing it to the vendor\u003cbr/\u003e8. Wide of row of vendors\u003cbr/\u003e9. Close of vegetables\u003cbr/\u003e10. Wide of stall \u003cbr/\u003e11. SOUNDBITE (Hindi) Vox pop, Santosh Sundariyal, Consumer:\u003cbr/\u003e\"We have to resort to cuts in our daily food intake and other areas. Prices of everything have risen be it pulses, rice or ghee (clarified butter). Prices have risen to such an extent that the poor cannot survive.\"\u003cbr/\u003e12. Buyers at a vegetable stall\u003cbr/\u003e13. Close of woman''s wallet and bag\u003cbr/\u003e14. Shift focus from spring onions to stack of onions \u003cbr/\u003eNew Delhi - 5 February 2010\u003cbr/\u003e15. SOUNDBITE (English) N R Bhanu Murthy, National Institute of Public Finance and Policy:\u003cbr/\u003e\"We had a very big drought year last year and that is leading to a rise in inflation rates for the food prices, particularly vegetables, fruits and all those things but the second reason for that is the rise in the demand side. Now we have seen there is a sharp rise in the fiscal stimulus packages which has led to rise in the consumption levels. So, this has impacted to some extent on inflation rates but there is another aspect of that is, there is also rise in the minimum support prices for all the commodities, particularly the rice, wheat and other pulses thrice for the past two years. And so, in that sense, the rise in this inflation rate or the price level - there is a big permanent component in that sense, we have to stay with this, it may not be coming down because there is a rise in the minimum support prices.\"\u003cbr/\u003eNew Delhi - 4 February 2010\u003cbr/\u003e16. Various of pulses\u003cbr/\u003e17. Worker at shop arranging sacks of rice and other commodities\u003cbr/\u003e18. Wide of a general store\u003cbr/\u003e19. Wide of food items and other commodities arranged outside a shop\u003cbr/\u003eIndian Prime Minister Manmohan Singh assured state chief ministers on Saturday that galloping food prices should stabilise in the next few weeks.\u003cbr/\u003eAddressing a meeting called in New Delhi to discuss ways and means of bringing prices under control, Singh said the food prices had already softened and he hoped the trend would continue. \u003cbr/\u003eIn December, the headline wholesale price index jumped 7.3 percent. \u003cbr/\u003eMost of that rise was driven by food prices, which surged nearly 22 percent, as India''s weakest monsoon in four decades and persistent distribution bottlenecks created supply constraints.\u003cbr/\u003eThe cost of potatoes more than doubled and essentials like cereals, rice, wheat, pulses and vegetables recorded double-digit increases, according to government data.\u003cbr/\u003eOpposition politicians have lashed out at ruling Congress Party coalition leaders for not taking stronger action to curb food inflation.\u003cbr/\u003eConsumers have been hit by the rising prices, making adjustments in their daily food intake.\u003cbr/\u003eLast month, the government approved more duty-free imports of sugar, called for the release of up to three (m) million tons of government-stockpiled wheat and rice into the market and ramped up distribution of subsidised food. \u003cbr/\u003eThe central government also asked state leaders to prevent hoarding of essential commodities and to cut food taxes.\u003cbr/\u003eAnalyst N R Bhanu Murthy, of the National Institute of Public Finance and Policy, however, does not see prices coming down since there had been an increase in the prices at which the government procures foodgrains from the farmers. \u003cbr/\u003eMurthy told AP Television that prices had gone up also because of a poor monsoon last year which affected food grain production and a rise in consumption 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