Government warns food producers, traders against unfair profits as prices surge
Summary
The government has warned food producers and traders against unfair profiteering amid surging prices of essentials like edible oil, lentils, and animal proteins, and has intensified market inspections to control price manipulation.
Key Points
- The government has ordered food producers, importers, and distributors to refrain from unfair profiteering amid rising prices of essentials.
- Market inspections have been intensified to manage and control unnatural price hikes, with warnings of legal action against violators.
- Price analysis revealed increases in edible oil, spices, animal proteins, and certain vegetables while some items like rice saw price declines.
- Consumer rights activists criticize ineffective enforcement of the 2018 Consumer Protection Act and claim no meaningful market price improvements despite inspections.