date:Apr 07, 2013
were in place partly to keep a lid on local prices and maintain cheap supplies for India's half a billion poor, and partly as a legacy of a planned economy in which the state regulated most sectors.
Analysts have said the tight regulations have caused sharp swings in output, which have led to large-scale imports and exports every few years. India's frequent imports and exports can trigger volatility in global prices.
By arriving at the decision in the cabinet, we've kept the interest of all s