New Delhi: Differing with CAG's suggestion of opportunity costing, Finance Minister P Chidambaram on Monday said government is not in the business of trading commodities, but facilitates allocation of resources for generation of more power and production of more steel and cement for common good.
When asked about CAG's method of opportunity costing, which means that a commodity should be traded at the market price, he said if prices of coal were higher, costlier would have been the end-use products, impacting buyers.
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02:39 AM, Sep 18, 2012
