Highlights of measures announced to control prices
January 13th, 2011 - 10:59 pm ICT by IANSNew 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
- Food prices: Exports regulated, action against hoarders (Lead) - Jan 13, 2011
- Food prices: State to sell onions, crack down on hoarders - Jan 13, 2011
- Waive octroi, local taxes to curb inflation: PM - Feb 04, 2011
- Prices remain high in Delhi - Jan 21, 2011
- Government allows more agencies to procure oilseeds, pulses - Sep 24, 2010
- Price rise: Centre asks States to take up market intervention effectively - Feb 07, 2011
- Nafed monitoring markets to check onion prices - Nov 26, 2010
- Pranab Mukherjee holds pre budget consultations with State Finance Ministers - Jan 19, 2011
- Review local levies to control inflation: Mukherjee to states - Jan 19, 2011
- Rising inflation would stabilise in next couple of days: Sheila Dikshit - Jan 14, 2011
- RBI to balance growth, inflation in monetary review: Pranab - Oct 31, 2010
- Food security necessary to prevent peoples' backlash: NAFED chief (Lead) - May 03, 2010
- Nearly 5 lakh tonnes of pulses imported for distribution - Oct 29, 2010
- Inflation poses serious threat to growth momentum: Manmohan Singh - Feb 04, 2011
- We'll crackdown on hoarders and black marketers: Dikshit (Lead) - Dec 21, 2010
Tags: awareness campaigns, basmati rice, cabinet secretary, consumer cooperatives, consumption pattern, cooperative marketing, corporations and cooperatives, economic adviser, edible oils, hoarders, mandis, marketing federation, ministerial group, nafed, retail network, self help groups, state governments, storage capacities, stringent action, supply chains