Showing posts with label Prices. Show all posts
Showing posts with label Prices. Show all posts

Thursday, January 8, 2015

Cardamom fetches Rs. 67,500 per maund in Siliguri market!

The large cardamom plantations might be in decline in Sikkim, but the prices are on a steep incline



WEEKLY MARKET PRICE OF LARGE CARDAMOM & FRESH GINGER COLLECTED BY THE SPICES BOARD, GOVT. OF INDIA, SINGTAM ON 08 Jan 2015
Large Cardamom
Name of the markets
Gangtok
Singtam
Mangan
Jorethang
Geyzing
Kalimpong
Siliguri
Badadana (/kg.)
1637.510
1662.50
1587.50
1600.00
1562.50
1650.00
1687.50
Chotadana (/kg.)
1612.50
1587.50
1587.50
1525.00
1537.50
1600.00
1575.00
Badadaba (/ maund)
65500.00
66500.00
63500.00
64000.00
62500.00
66000.00
67500.00
Chotadana  (/ maund)
64500.00
63500.00
63500.00
61000.00
61500.00
64000.00
63000.00
Ginger

Singtam
Rangpo
Jorethang
Geyzing
Kalimpong
Siliguri
(Price - /kg.)
Mota
25.00
25.00
---`
---
N.A.
30.00
Patla
25.00
25.00
---
---
N.A.
28.00
 Assistant Director

Monday, November 3, 2014

Prices to be fixed

MONITORING COMMITTEES CONSTITUTED TO REGULATE PRICES OF ESSENTIAL COMMODITIES, VEGETABLES AND OTHER CONSUMABLES

Unregulated fluctuation in prices of eatables in sweetshops and restaurants has now become a constant complaint among consumers in the capital. Prices of items vary from shop-to-shop and appear unattached to any rules or oversight. Most people believe that prices, since no one is forcing people to buy items if they find the price too high, cannot be regulated and some even feel that interference in market prices [for goods and items which are not “essential”] would be an undesirable practice. But it appears that when it comes to pricing of such items, there are rules for monitoring and control.
A kilogram of sweets that cost Rs. 350 on one day, could, especially in the recent Diwali rush, could jump to around Rs. 400 the next day. With no regulatory authority at present to monitor the prices, a plate of chicken momo, that cost just Rs. 60 earlier this year is now plating in the Rs. 100 to Rs. 120 range. Even the humble Samosa, already rather expensive at Rs. 10 has moved on to some more rupees at some places.
As mentioned, with no regulatory body in place to check such prices, unlike earlier when sweet-shops had to mandatorily put up price display boards, the Legal Metrology Unit and Consumer Protection unit of the Food & Civil Supplies Department, through a Gazette Notification issued on 24 October, has stepped up in favour of consumers and set up state and a district level committees for monitoring and regulation of prices of essential commodities, vegetables and other consumables in Sikkim.
The State Level committee which shall provide major policy initiatives, guidelines for regulation and movement of essential commodities, vegetables and other consumables and regularly monitor its activities to mitigate the problems of consumers in the State. The committee will be headed by the Minister, Food Civil Supplies and Consumer Affairs, as the Chairperson while the Gangtok Mayor and Secretaries of UD&HD, State Transport Authority, Buildings & Housing Department, and Animal Husbandry Department will be members of the committee. The committee will have the Secretary, FCS&CAD as the Member Secretary.
The state level Monitoring and Regulatory Committee will take all decisions regarding regulation activities related to mobilization, control of prices if essential commodities that are consumable in the state. The state level committee shall monitor and coordinate with the line departments and agencies on its progress, examine and evaluate the performance of the District Level Committee and all such related activities “as deemed fit in larger public interest”.
Further, the Committee shall recommend regulatory framework to the line departments, agencies and District Level Committee related to the matter.  
“The committee members have already held meetings to deliberate and decide on the implementation under the framework of the notification. We have already held preliminary meetings and many members have submitted their recommendations to the committee,” states Gangtok Deputy Mayor, Shakti Singh.
He further informs that the notification in itself will be a boon for the consumers in the state since instances of over-charging have been reported from all over Gangtok. “There are some restaurants selling tea from vending machines and pricing them at Rs. 30 when vending tea just costs a nominal Rs. 10 at most. We have to look into such discrepancies as establishments are pricing items on their whims and fancies,” states the Deputy Mayor.
He also adds that quantity and size could be the main criteria for fixing rates on consumable items since the central government has also notified items like potatoes as essential commodities now.
“Business establishments make a hue and cry when GMC raises the license fees by just a few rupees so when they raise prices indiscriminately they there should be no resentment towards the government if regulation comes in,” he adds.
Similarly, the District Level committee constituted for the purpose in east, West, North and South Sikkim located at the District Headquarters, Gangtok, Gyalshing, Mangan and Namchi respectively shall be responsible for implementation of the policies and decisions taken by the State Level committee and submit reports to the Chairman and Member Secretary on all such activities undertaken by the respective District level Committees which shall have the respective District Collectors as the chairpersons.
The respective SPs, Divisional Engineers, Building and Housing Department, Deputy Director, AH&VS, Bazaar Officer, UD&HD, RTO, Transport Department, Assistant Controller, Legal Metrology, FCS&CA department will be the members of the District Level Committee while the respective District Civil Supplies Officers, FCS&CA shall be the Member Secretary.
The district level committees will supervise all such activities relating to regulation and management of prices of essential commodities and other consumables in the district. The committee shall prepare a systematic concept and working plan for implementing the direction from time to time to meet the exigencies as per law established  and mobilize the resource for mitigating problems related to the subject. Further, the committee shall endeavor to make similar such bodies at sub- divisional, block and gram panchayat level in the respective districts and monitor, evaluate their performances at regular interval of time. The committee shall submit a detailed report on the status and arrangement made to the state level committee on monthly basis and daily during crisis or as may be directed by the state level committee.

It may also be informed that the Food and Civil Supplies and Consumer Affairs Department shall be the Nodal Department and all official action on Price Regulation shall be governed by Law in operation through agencies delegated by the authority in the state.      

Saturday, September 27, 2014

Weekly market price

WEEKLY MARKET PRICE OF LARGE CARDAMOM & FRESH GINGER COLLECTED BY THE SPICES BOARD, GOVT. OF INDIA, SINGTAM ON 25-09-2014
Large Cardamom
Name of the markets
Gangtok
Singtam
Mangan
Jorethang
Geyzing
Kalimpong
Siliguri
Badadana (Rs./kg.)
1250.00
1262.50
1150.00
1162.50
1200.00
1200.00
1325.00
Chotadana (Rs./kg.)
1212.50
1200.00
1137.50
1125.00
1162.50
1150.00
1200.00
Badadaba (Rs./ mound)
50000.00
50500.00
46000.00
46500.00
48000.00
48000.00
53000.00
Chotadana  (Rs./ mound)
48500.00
48000.00
45500.00
45000.00
46500.00
46000.00
48000.00
Ginger

Singtam
Rangpo
Jorethang
Geyzing
Kalimpong
Siliguri
(Price - Rs./kg.)
Mota
25.00
25.00
Rs.
---
25.00
30.00
Patla
28.00
27.00
---
---
30.00
35.00

                                                                                                                    Asst. Director (Mktg.)

Thursday, August 2, 2012

Chinese officials remain defiant to Indian traders’ requests; No more truancy of Indian traders to be tolerated


GANGTOK, 29 July: The Chinese trade officials have made it clear that they will have nothing do with the rates at which goods are sold by traders, either way, who are engaged in the Nathula border trade and more over, have laid down the rules of trade for the Indian traders in as much as the items and the quantity of items that they can bring over.
While there is no cap on the quantity of a particular item that can be traded on any day, the Chinese customs officials as well as the Trade officer at the trade mart on the Tibetan side at Tongchengaang have made clear that they will not allow more than 2 sacks of any particular good. The haughty attitude of the Chinese officials led the Indian traders into a huddle once again and a meeting was held today at Gangtok to come up with a response.
Sources inform that a contingent of 8 Indian traders crossed over to the trade mart at Tongchenqaang on the Chinese side earlier this week and had a meeting with the Trade officer there on the issue of prices and the confiscation of goods being brought into Tibet. “Excess” Indian goods being sold over the border at the Chinese trade mart have been confiscated and locked into a godown at the mart. This has led to losses to the Indian traders taking the goods over for export.
The Chinese trade officer is reported to have chastised the Indian contingent saying that the Indians were always ready to take advantage when the Chinese did not monitor their items and allowed them to trade freely (including in unlisted items). However now they would not permit it, especially the trade of unlisted items. Subsequently it was made clear that not more than 2 sacks of any item would be permitted through and any excess would be confiscated.  During earlier seasons Chinese officials used to only send back the excess goods but this time they have started confiscating them in a clear message that truancy would not be tolerated any longer.
The Indian traders had also wanted to seek intervention of the Chinese officials to regulate the prices which were falling drastically leading to losses to the Indian traders. However in this regard the Chinese customs as well as the Trade Officer washed their hands. It was mad clear to the Indian traders that prices and rates of goods and items were up to the traders of both sides to decide upon and not to be regulated by any official machinery. Earlier it had been reported that the introduction of new traders into the trade had led to the downfall in prices, especially in Rice and Sugar, major items of trade. Furthermore going via Rongli, the longer route due to the closure of the JN Road, had also led to an increase in transportation costs with a single journey up to the border costing as much as Rs.7000.
The trade had been suspended the past week in order to enable the Indian traders to engage the Chinese officials in dialogue over items of trade as well as prices.