Highlights of measures announced to control prices

January 13th, 2011 - 10:59 pm ICT by IANS  

New Delhi, Jan 13 (IANS) The government Thursday announced a slew of measures to control prices of essential commodities. Following are the highlights: — State-run National Agricultural Cooperative Marketing Federation (NAFED) and apex federation of consumer cooperatives, NCCF, to sell onions at Rs.35 per kg

– Stringent action against hoarders and black marketers. Cartelisation by large traders to be dealt with strictly dealt

– Import and export of all essential commodities to be reviewed on a regular basis

– State units to intensify purchases of essential commodities, particularly edible oils and pulses, for distribution through their retail network

– Existing schemes for subsidised distribution of edible oils and pulses to be continued

– Exports of edible oils and pulses, as well as non-basmati rice to remain banned

– Committee of Secretaries under the Cabinet Secretary to review the prices situation with individual states

– An inter-ministerial Group set up under the Chief Economic Adviser, Ministry of Finance to review the overall inflation situation

– State Governments to be urged to consider waiving mandi tax, octroi and other local levies to bring down prices further

– A scheme to support the state governments in the setting up of farmers’ mandis and mobile bazaars and to improve the functioning of civil supplies corporations and cooperatives

– Awareness campaigns to make people aware of cheaper alternatives to pulses like yellow peas with a view to influence consumption pattern in favour of such alternatives

– Involve Residents’ Welfare Associations and self-help groups in distribution of essential commodities to address local shortages and ensure that supplies reach the households with least intermediation cost

– Investments to be encouraged in supply chains including provisions for cold storages

– Storage capacities to be increased to stock last years bumper Kharif crop

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