MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI NAMO NARAIN MEENA)
(a) & (b) The headline WPI and 31 essential commodities inflation rates
were 8.23 per cent and 4.11 per cent in January 2011 respectively
compared to 8.53 per cent and 24.17 per cent respectively in January
2010. The sectoral breakups of WPI since January 2010 to January 2011
are given in Table below:
Weight WPI All WPI 31
(%) commodity Essential (wt.100%) commodities (wt.14.60%)
2010
Jan 8.53 24.17
Feb 9.68 21.88
Mar 10.23 18.55
Apr 11.00 15.95
May 10.60 14.59
Jun 10.28 12.87
Jul 10.02 12.66
Aug 8.82 10.55
Sep 8.93 9.55
Oct 9.12 7.67
Nov 8.08 4.72
Dec 8.43 4.52
2011
Jan 8.23 4.11
Weight Primary Articles
(%)
Total PA Food Non-food Minerals (wt.20.12) articles articles (wt.1.52) (wt.14.34) (wt.4.26)
2010
Jan 20.19 20.19 12.72 36.61
Feb 21.73 21.85 14.35 36.28
Mar 22.16 20.65 20.43 37.94
Apr 21.45 20.49 18.08 34.56
May 20.45 21.37 14.76 25.34
Jun 20.14 20.97 15.83 22.08
Jul 19.09 18.48 15.30 31.60
Aug 15.96 14.96 15.81 23.77
Sep 18.17 16.29 20.75 26.77
Oct 18.09 14.64 25.74 29.38
Nov 14.67 10.14 25.50 29.46
Dec 16.46 13.55 22.31 27.69
2011
Jan 17.28 15.65 23.89 17.28
Weight Fuel & Power
(%) (Wt.14.91)
2010
Jan 6.76
Feb 10.16
Mar 13.81
Apr 13.61
May 14.42
Jun 13.92
Jul 13.26
Aug 12.55
Sep 11.06
Oct 11.02
Nov 10.32
Dec 11.19
2011
Jan 11.41
Manufactured Products
(Wt.64.97)
Total Manufactured Manufactured MP Food Non- Food (Wt. 64.97) (Wt. 9.97) (Wt. 55.00)
2010
Jan 4.77 19.16 2.09
Feb 5.20 17.68 2.85
Mar 5.19 15.11 3.33
Apr 6.43 9.09 5.92
May 5.99 7.09 5.77
Jun 5.65 6.13 5.55
Jul 5.73 7.34 5.41
Aug 5.11 4.58 5.21
Sep 4.84 3.62 5.09
Oct 4.99 3.75 5.25
Nov 4.89 1.07 5.70
Dec 4.46 0.35 5.34
2011
Jan 3.75 -1.03 4.79
(c) to (e) The Government monitors the price situation regularly
as price stability remains high on its agenda. Measures taken to
contain prices of essential commodities include selective ban on
exports and futures trading in food grains, zero import duty on
select food items, permitting import of pulses and sugar by public
sector undertakings, distribution of imported pulses and edible
oils through the PDS and release of higher quota of non-levy sugar.
State Governments are empowered to act against black marketers and
hoarders of food items by holding in abeyance the removal of
restrictions on licensing, stock limits and movement of food
articles under the Essential Commodities Act 1955. In addition,
the Government has been rolling back the fiscal stimulus and the
Reserve Bank of India has taken policy measures to curb excess
liquidity.
