SP releases manifesto, promises to ban forward trading

Written by fe Bureau | Lucknow | Updated: Apr 3 2014, 09:08am hrs
The Samajwadi Party on Wednesday released its manifesto for the coming Lok Sabha polls, in which it promised to ban forward trading in commodities in the country as it was one of the reasons for the increasing inflation.

The manifesto, which pitches party president, Mulayam Singh Yadav for the prime ministers post, spoke of providing completely free education and medical care, and said it will push for job reservation in the private sector.

For checking price-rise, Mulayam said that forward trading would not be allowed and it would be made mandatory that products could not be sold at more than 1.5 times their cost.