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Wednesday, June 16th, 2021

Thomas Reviews Price Situation

INVC,, Delhi,, The Minister of State for Consumer Affairs, Food and Public Distribution (Independent Charge) Prof. K.V. Thomas reviewed the price situation in a high level meeting here today. The meeting was attended by Cabinet Secretary, K.M. Chandrasekhar, Chief Economic Advisor, Secretaries of Food and Animal Husbandry and all concerned Ministries. On the price situation of onions, it was noted that out of the contracted 1000 tonnes, 300 tonnes have already arrived and another 426 tonne is on the way. The higher prices are not likely to prevail beyond 31st January 2011 as a result of fresh arrivals. Already the NCCF and NAFED prices have had to be adjusted since the market prices came down. The stock position with organized retail chains will be observed to ensure that stock is not contributing to hardening of prices. It was decided in the meeting that the Department of Animal Husbandry, Dairying and Fisheries (DADF) along with National Dairy Development Board (NDDB) will take steps to improve supply situation of milk and milk products and DADF will also keep the stocks under constant monitoring. It was decided to formulate a scheme for strengthening the State Civil Supplies Corporations. It will include conditions which promote efficiency and transparency in the corporations and assistance will be contingent on the same. The Union Minister will chair four regional conferences of Food Ministers and Secretaries in the coming two weeks to review measures taken by state governments on the price front. The working of the APMC Act and its impact on prices will be reviewed. The edible oil availability was noted as reported by the Ministries of Agriculture and Food. Availing of the Scheme of Subsidized Distribution of Imported Edible Oils by States was reviewed. The States, which are not availing of this scheme, will be requested to do so.



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