MUMBAI, Sept 7 (Reuters) - India will announce many new
measures in the next few days and weeks to curb non-essential
imports in order to strengthen the rupee and contain inflation,
Finance Minister P. Chidambaram said on Saturday.
The government has already banned duty-free import of
flat-screen televisions from Aug. 26, adding to a package of
measures designed to prop up the rupee.
"I hope that all these measures taken together will have a
beneficial impact on inflation," Chidambaram told lawmakers.
He added that no decision has been taken to raise fuel
Government officials said on Friday that India may announce
more measures to curb fuel consumption later this month and
raise diesel prices by close to 10 percent soon in a bid to cut
the biggest item in its import bill and support the rupee.
(Reporting by Himank Sharma; Editing by Krishna N Das)