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As prices rose in 2008 the government intervened to curb farm exports and imposed price controls.
Since 2003, the government has imposed price controls on many foodstuffs.
India has long imposed price ceilings on a wide range of goods.
In the early seventies, President Nixon had imposed price freezes on all foods except fresh produce.
China imposed price controls on food in mid-November to limit inflation.
It imposed price and exchange controls, as well as import curbs.
Similar(18)
A driver now pays the same petrol-tax-imposed price for roads, whether demand is high or low.
So most will feel compelled to pay these government or court-imposed price hikes.
But he said he was against government-imposed price controls on drugs.
But a FERC-imposed price cap is the right way to go.
Economists blame government-imposed price control, while President Nicolas Maduro says greedy merchants are hoarding goods.
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