Govt directs firms to check sudden price hikes in daily essentials

Summary

The Department of Commerce, Supplies and Consumer Protection has ordered producers, importers, and distributors to stop sudden and unjustified price hikes on essential daily goods like edible oil, cooking gas, and staple rice to protect consumers.

Key Points
  • The Department of Commerce, Supplies and Consumer Protection instructed firms to halt sudden and unjustified price increases in daily essentials.
  • Producers, importers, and distributors of food grains and oil are directed to avoid taking unfair profits.
  • The department responded to complaints and media reports about rising prices and shortages of staples including edible oil and cooking gas.
  • Joint market monitoring is ongoing to inspect producers, sellers, importers, stockpilers, and service providers of essential goods nationwide.
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