Govt seeks to retain goodwill among beneficiaries of welfare schemes

Prompted by the sharp increase in April retail and wholesale inflation numbers, the government on Saturday unveiled measures, aimed at ensuring that demand and economic activity are not hit hard, while seeking to retain the goodwill among beneficiaries of government schemes. From last weekend’s wheat export ban to latest set of measures, including those on fuel, cooking gas, iron and steel, and plastics, the Centre sought to blunt the impact of global commodity prices on the Indian economy.