Chief Minister Chandrababu Naidu has taken a key decision on price control and market interventions. The government has set up a ministerial committee on price control and market interventions. A committee of ministers has been formed under the leadership of Civil Supplies Minister Nadendla Manohar.
According to the government, Agriculture Minister Achchennaidu, Health Minister Satyakumar Yadav, Finance Minister Payyavula Keshav and Ex-Officio Secretary of Civil Supplies Department will be the convener of the committee. It has issued orders to conduct a study on why the prices of essential commodities and vegetables are suddenly increasing.
The government also instructed the committee to make recommendations on the measures to be taken to reduce the prices of essentials and vegetables. It also ordered to study the aspects related to production, supply, demand, prices, crop patterns, exports and imports. It said that a report should be given on the measures to be taken to ensure that the consumers get essential items and vegetables at affordable prices.
It has issued instructions to submit a report to the government for designing the necessary mechanism to bring the prices under control. Orders to establish a database on these issues so that decisions can be taken quickly. It has been revealed that instructions should be given to set up a price control fund on a permanent basis to implement market intervention when prices rise.
It suggested studying the recommendations given by the Committee of Officials on price rise, control and market interventions. The government also sought recommendations on the implementation of long and short term plans regarding production, supply and storage of food crops and essentials.
Orders have been issued to prepare a price control plan throughout the year through the use of modern technology in production and storage. A meeting was ordered with farmers, millers, Chamber of Commerce, food grains, pulses, cooking oil dealers, exporters and importers. After the study, the AP government has issued instructions to the committee of ministers to submit a comprehensive report for further decision.
