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| Scarcity of supplies will lead to rise in prices: JBCC | | |
Early Times Report
Jammu, Nov 28: The Jammu business coordination committee (JBCC) criticized the circular issued by the department of public distribution and consumer affairs (PD and CA) placing limit on the wholesale dealers in consumer products on stocks to be stored by them in their godowns.
Reacting to the government circular JBCC chairman, Kulbhushan Mohetra said that the government should take effective measures to check hoarding and profiteering by the wholesale dealers, but placing restriction on keeping stocks beyond prescribed limits will only lead to shortage of supplies in case of road blockade, transporters strikes and other such eventualities if the measure is taken to check abrupt spurt in prices of essentials consumer products, placing limit on keeping of stocks will only prove counter productive since the scarcity of supplies will lead to rise in prices. The limit imposed on keeping stock of pulses by a dealer upto 200 quintals is too short to meet the need.
Mohetra stated that the wholesale dealers in Jammu city supply stocks to far off and hilly areas of the region. In case of closure of roads due to heavy snow and landslides, which are frequent happenings, these areas will be starved of supplies of essentials causing undue suffering to the consumers. He charged the government of failure to check the unprecedented rise in prices by taking effective measures. To cover their own failing on this count, the government is trying to make the wholesale traders as the scapegoats.
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