TIOL-DDT 1159 · Wednesday, 22 July 2009 · story 1 of 6

No More Stimulus - Montek

DEPUTY Chairman of the Planning Commission, Montek Singh Ahluwalia , yesterday ruled out any more stimuli for the industry as already enough had been given.

"The Budget includes a very stringent boost, plan expenditure and investment ... We don't need any more stimulus packages. We should concentrate on implementing what is there," he said.

But what is he going to do about rising prices? He said, “although wholesale price inflation is negative, prices of some commodities have surged.”