Centre convenes 2-day meet to discuss inflation 01/07/2014

Centre convenes 2-day meet to discuss inflation
01/07/2014 17:36
The government of India has called State Food Ministers’ meet on July 4, 2014 in New Delhi to discuss measures to check unreasonable increase in prices of some food items, according to an official statement released by Ministry of Consumer Affairs, Food & Public Distribution. The Government has taken a serious note of recent hike in prices and has decided to take strong action against it, jointly with State Governments, said the release. The conference, to be chaired by Finance Minister Arun Jaitley, to discuss the prices of some of the commodities especially onion and potato which are a matter of concern. The Centre-state will jointly initiate steps to prevent hoarding of these commodities and plan for distribution of specific essential items through public channels and improving other supply channels. The meeting will also review the Agricultural Produce Market Committee (APMC) Act for creating a national common market for food items with no barriers to internal trade. Issues pertaining to maintenance of stock and supply of onion and potato as well as improving post-harvest infrastructure, value addition and containing wastage will also be taken up in the meeting to ensure availability of these commodities. Meanwhile the Centre has also asked State Governments to take urgent measures to tackle undue increase in onion prices. In a letter to chief Secretaries of all States, Union Secretary for Consumer Affairs, Keshav Desiraju has said, that “Action need to be taken to eliminate any hitches in the supply chain and to ensure an uninterrupted supply of onion so that the scope for speculation in eliminated and the general public are not subjected to any hardship because of price rise”. He has also requested States to intimate the steps taken by them to ensure adequate availability of onions so that the prices are kept under control.