9911796707
TMI BlogMeasures Taken by Government to Protect Consumers from Price Rise - The Government has undertaken various measures to insulate the vulnerable sections of society from price rise.X X X X Extracts X X X X X X X X Extracts X X X X ..... Measures Taken by Government to Protect Consumers from Price Rise - The Government has undertaken various measures to insulate the vulnerable sections of society from price rise. X X X X Extracts X X X X X X X X Extracts X X X X ..... t Rs. 4.15 per kg for BPL and Rs. 2 per kg for AAA families) have been maintained since 2002. · Under the targeted PDS(TPDS), allocation of foodgrains is being made to 6.52 crore AAY and BPL families at 35kg per family per month at a highly CIP. · The government has allocated rice and wheat under the Open Market Sales Scheme(OMSS). · The scheme for imports of pulses which e ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nvisaged imports for distribution of BPL households through the PDS with a subsidy of Rs. 10 per kg operated from November 2008 to June 2012. The government has decided to implement a varied form with a subsidy element of Rs. 20 per kg per month for BPL cardholders for the residual part of the current year. · The Scheme for Distribution of Subsidized Imported Edible Oils has been implement ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ed since 2008-09 through state/union territory(UT) governments for distribution of 1 litre per ration card per month with a central subsidy of Rs. 15 per kg. The scheme has been extended up to 30 September 2013. Fiscal measures · Import duties for wheat, onions, pulses and crude palmolein were reduced to zero and 7.5 per cent for refined vegetable and hydrogenated oils respectively. &mid ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... dot; Duty-free import of white/raw sugar was extended up to 30 June 2012. Presently the import duty has been fixed at 10 per cent. Administrative Measures · Ban on exports of onions was imposed for short periods of time whenever required. Exports of onions were calibrated through the mechanism of minimum export prices(MEP). · Future trading in rice, urad, tur, guar, gum and guar s ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eed was suspended. · Exports of edible oils (except coconut oil and forest-based oil) and edible oils in blended consumer packs up to 5kg with a capacity of 20,000 tons per annum and pulses (except Kabuli chana and organic pulses and lentils up to a maximum of 10,000 tones per annum) were banned. · Stock limits were imposed from time to time in the case of select essential commodit ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ies such as pulses, edible oil, and edible oilseeds and in respect of paddy and rice up to 30 November 2013. Budgetary and other measures · The government launched a National Mission for Protein Supplements in 2001-12 with an allocation of Rs. 300 crore. To broaden the scope of production of fish to coastal aquaculture, apart from fresh water aquaculture, the outlay in 2012-13 was stepped ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... up to Rs. 500 crore. Recently the government permitted FDI in multibrand retail trading. This will help consumers and farmers as it will improve the selling and purchasing facilities. Monetary measures · The RBI had also taken suitable steps to contain inflation with 13 consecutive increases by 375 basis points(bps) in policy rates from March 2010 to October 2011. DSM/UM/RC/RV (Releas ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e ID :92598) X X X X Extracts X X X X X X X X Extracts X X X X
|
