Tiger80 Posted June 19, 2014 Posted June 19, 2014 NEW DELHI: A day after the Centre asked states to curb food inflation, the Delhi government has set the ball rolling to do away with vegetable and fruit wholesale markets. Farmers will be at liberty to sell their produce directly to the end buyer. Doing away with the mandis will ensure a fall in prices and check hoarding. On Wednesday, lieutenant governor Najeeb Jung announced the government's decision to regulate the market under Section 3 of the Delhi Agriculture Produce Marketing (regulation) Act, 1998. The government has also written to the Centre, asking for fixing of stock limits. This move comes after finance minister Arun Jaitley addressed a high-level meeting of ministers and secretaries on Tuesday where he instructed states to delist fruits and vegetables from the agriculture produce marketing committees to control food inflation. In Delhi, 118 commodities are notified under the Delhi APM Act. Sources said that deregulation would help get rid of the middlemen because of whom prices of food items often rose by more than 100% from the time the produce left the field till it landed up in one's home. "If goods were priced Rs 5 lakh, the farmer was taking away only Rs 2-2.5 lakh. This is the extent of cost escalation. The move will see prices fall significantly in the capital. It will have to be worked out where the sellers and buyers will interact etc. However, the government will first have to ask the public for objections and suggestions before amending the Act," said sources. In a review on Wednesday, the LG also asked officials to ensure that Delhi did not witness any rise in prices of onions and potatoes. NAFED has been instructed to purchase onions on behalf of Delhi government. SAFAL outlets in Delhi have also been asked to double stocks. Delhi Agriculture Marketing Board will also set up 60 to 70 mobile vans across Delhi where it will sell onions and potatoes at government determined rates. Post a comment http://timesofindia.indiatimes.com/city/delhi/Prices-rising-govt-moves-to-break-mandi-monopoly/articleshow/36806607.cms
bharathh Posted June 19, 2014 Posted June 19, 2014 Why not allow FDI in retail instead? Increased competition and better supply chain systems will bring down prices and help farmers immensely!
BlackMamba Posted June 19, 2014 Posted June 19, 2014 Why not allow FDI in retail instead? Increased competition and better supply chain systems will bring down prices and help farmers immensely! Been saying this for 10 years now. Sick of people saying how this is going to erode the Mom and Pop kirana shops. My reaction, who the F cares. You cannot produce and be competitive -- then wind your shop down. In the end everything should be targeted for the honestly tax paying Middle Class !
Tiger80 Posted June 19, 2014 Author Posted June 19, 2014 Why not allow FDI in retail instead? Increased competition and better supply chain systems will bring down prices and help farmers immensely! We already have big iNidan retailers like big bazaar, Reliance mart etc. None of them is able to bring prices down , don't understand how walmart or tesco will do so
rkt.india Posted June 20, 2014 Posted June 20, 2014 We already have big iNidan retailers like big bazaar' date=' Reliance mart etc. None of them is able to bring prices down , don't understand how walmart or tesco will do so[/quote'] agree. It will only hike them up with the kind of margin they take back.
rkt.india Posted June 20, 2014 Posted June 20, 2014 I don't see any price rise at my place, bought good quality tomatoes at 10 rs per kg, potatoes 20 per kg, onion 15 per kg. Bigger the city more the price at most times, but now as they have blabbered, people will start hoarding and prices will suddenly rise.
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