Govt used air routes to offset West Asia trade disruption
New Delhi, May 11 -- India utilised repatriation flights to export and import nearly 200,000 tonne of goods at the peak of the West Asia conflict, along with tight administrative measures, to tide over immediate shortages and prevent a rapid surge in prices, people aware of the matter said, requesting anonymity.
Shortages still were unavoidable as seaborne trade all but halted. Interministerial committees formed to deal with the crisis focussed on essential items, their main mandate. These panels took a "whole-of-government" approach to containing inflation and included the petroleum and consumer affairs ministries, a person said.
One of the panels, tasked with preventing rapid price pressures, coordinated to ensure just the availability of...
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