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| J&K to put tab on price rise | | | Early Times Reporter
Jammu | Apr 11
ET Exclusive
The marathon rise in prices of essential commodities has started telling on the public image of the central government but in the ensuing election year, the Jammu and Kashmir government is not in a mood to take any chances.
The government is all set to promulgate a sweeping law to check the irrational price rise and the campaign will be backed by Police action. The law is likely to be in place anytime through enactment of an ordinance, sources told EARLY TIMES.
For past few months, there have been across the board protests in almost all parts of state against the rise in prices of essential commodities. Particularly in the capital cities, for BJP in Jammu and for National Conference in Srinagar, the price escalation is a major issue against the coalition government. As elections approach near, a non stop escalation in the prices of essentials can badly affect image of the government.
Taking note of the problem which is already taking alarming proportions, the government is all set to bring an ordinance on price control. “In order to control the escalation of prices of various essential commodities and other goods the ordinance of hoarding and profiteering would be implemented in letter and spirit in the state”, said Taj Mohiuddin, the Minister for Consumer Affairs and Public Distribution. He said that market-checking squads would be re-activated to control price escalation.
The Department of Consumer Affairs and Public Distribution has sought the help of Police and the DGP has been told to make available squads for market checking. The Police squads will accompany and the team of CAPD and Legal Metrology in their regular and random market checks.
It is learnt that the ordinance thus coming into force seeks to profit limit beyond which the wholesalers and retailers can not charge on the commodities. The profit percentage if stated to be the order of two per cent for the retailer and three per cent for the wholesalers. However, this move of the government is not taken well by the traders. The traders have threatened to block the supply in case a tab is fixed.
A representative of the traders and wholesalers told EARLY TIMES that such a law will attract unnecessary Police intervention in day to do business and therefore will be resisted vehemently. The CAPD department has always decided that the squads of police, CAPD and legal metrology departments would ensure daily checkings of markets and for the purpose DGP would issue necessary instructions to all police stations for their cooperation. |
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