Small Business

Rosaiah asks officials to keep food prices under check

Chief minister K Rosaiah on Sunday directed civil supplies, vigilance and enforcement, and agriculture and marketing departments to step in immediately to keep the prices of essential commodities under control. - AP revenues take a hit on agitations - Telangana turmoil hits Telugu Desam - Cong in "go slow" mode to defuse Andhra crisis - Govt rules out imposition of President"s rule in AP - Hyderabad part of Telangana: Kishenji - No solution in sight for political crisis in Andhra “There are reports that certain elements are taking undue advantage of the prevailing situation in the state and jacking up prices of essential commodities without any rhyme or reason,” Rosaiah said. The chief minister said in a release that though there was no shortage of essential commodities including rice, wheat, pulses and oil, the prices were reportedly ruling high in certain areas. “Political situation and agitations in the state cannot be taken as an excuse. It has nothing to do with prices of essential commodities. If some of the unscrupulous traders think that they can take advantage of this and exploit the situation by creating artificial shortage and jack up prices, stringent action will be taken against them,” he said. The chief minister directed the vigilance and enforcement department to identify black-marketeers and hoarders and see that the stocks were brought to the markets. He also asked the civil supplies and marketing department to swing into action immediately and initiate market intervention to sell essential commodities like onion, pulses, palm oil, chillies and superfine rice at affordable prices at rythu bazaars and civil supplies counters throughout the state. “The departments should also ensure that these goods are made available in sufficient quantities at the designated counters and rythu bazaars,” the chief minister said.


Add your comment:
Name:
Site address: http://
Your message:
Enter today\\\\'s date, 2 digits
(spam protection):

News of the day
Take a long holiday
A strong brand, robust performance and healthy growth prospects provide comfort, but the IPO pricing caps any near-term gains.
Popular Articles
payday loan lenders

FIIs net buy Rs 300 cr in F&O
The Foreign Institutional Investors (FIIs) were net buyers of Rs 300.84 crore in futures and options segment on Monday.

Barclays Capital appoints Matthew Ginsburg
Barclays Capital, the investment banking division of Barclays Bank PLC, has appointed Matthew Ginsburg as Managing Director and Head of Investment Banking, Asia-Pacific.