Kerala - Thiruvananthapuram   

Prices under check, says Supplyco

THIRUVANANTHAPURAM: Kerala State Civil Supplies Corporation (Supplyco) has said the market intervention efforts by the corporation and other government agencies have helped keep the prices of essential commodities under check in the State at a time when the prices everywhere else are going up.

In a press release here on Saturday, Supplyco said that 31 countries in the world were now facing insecurity in food availability, according to the latest assessment of the Food and Agricultural Organisation of the United Nations. The prices of food products increased by 14.55 per cent in the world market this month.

Supplyco gave the prices of 10 most essential products such as rice and other cereals, sugar, pulses and red chilli at its outlets in the State, comparing them with the prices in the markets in six major centres in the country, to substantiate its contention that the government agencies in Kerala were playing a major role in preventing the prices from going up in the State.

Extra care was being taken by the Supplyco to ensure that the products sold at heavily subsidised prices through its network of outlets were not being diverted to the black market.

Essential commodities were being sold through its outlets only to those who showed their ration cards to see that only genuine consumers got the advantage of the subsidised prices.

According to a survey conducted by the Labour Bureau of India last month, Kerala was placed fifth among the States in the country in terms of low prices of essential commodities available for peasants and agricultural workers, Supplyco said.

Supplyco would carry out its market intervention effectively during the upcoming Bakrid and Christmas seasons, the press release added.

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