Reduce rate or face action, govt issues 3-day ultimatum to milk cos
Retailers asked not to get stocks at higher prices
GK BUSINESS REPORTER
Srinagar, May 7: The Consumer Affairs and Public Distribution Department (CAPD) today issued a three-day ultimatum to some milk producing and marketing companies in the Valley to bring down rates of their packaged liquid products or face consequences.
Senior officials of CAPD said the department today issued show cause notices Khyber Agro Farm Private Limited, Zam Zam Private Limited and Milk Federation Cheshmashahi (Snowcap) giving them three-day period to bring down the rates.
According to officials the rate had previously been fixed by the government after holding deliberations with different stakeholders and representatives of milk companies. “Finally a meeting was held in March this year where the rate was fixed and made applicable from April 1 at Rs 24/litre for single toned milk.”
“However, this has been seen that these companies have enhanced the rates unilaterally and are selling the single toned milk per litre at Rs 25 to Rs 26 in the market,” they said.
The officials said the companies cannot violate government fixed rates, “more so when they have been fixed after taking them into confidence.”
They said the companies have also introduced double toned milk in the market without government authorisation.
“We have not fixed any rate for the second toned milk. But these companies without showing any regard to the government instructions have introduced the double-toned milk (which has less fat) in the market and are selling it at Rs 23/litre,” the officials said, adding that even if such a product was to be brought into the market, it would have to be sold at much lesser rate than they were selling it at present.
When contacted Director CAPD Abdul Waheed Tak said that during marketing checking at several places in Srinagar today it was noticed that these companies were selling their packaged milk at arbitrary rates. “The companies cannot unilaterally increase the prices,” he asserted.
He said the department had given them three day ultimatum after which “we will seize their stocks wherever found in the market.”
He said: “We inform all the retailers not to get the supplies from the companies at rates which are higher than the government fixed.”
Lastupdate on : Sat, 7 May 2011 21:30:00 Makkah time
Lastupdate on : Sat, 7 May 2011 18:30:00 GMT
Lastupdate on : Sun, 8 May 2011 00:00:00 IST
- MORE FROM BUSINESS
- Kashmir
No differences with Rather, Sagar: Omar
Srinagar, May 7: Chief Minister Omar Abdullah on Saturday dismissed the reports about having any differences with his cabinet colleagues Abdul Rahim Rather and Ali Muhammad Sagar. In an interview More
- Srinagar City
Experts pitch revival of Maharaj Gunj glory
INTACH proposes pilot project for Shahr-e-Khaas Jhelum banks
M HYDERI
Srinagar, May 7: Imagine historic Maharaj Gunj market in Shahr-e-Khaas getting back its glory with heritage buildings looking the same as it was around a century ago and you going there for shopping with More
- Jammu
Cross-voting fiasco; Cong intensifies campaign for early Municipal elections
RAJEEV SHARMA
Jammu, May 7: With the state unit of Bharatiya Janata Party struggling to recover from cross-voting shock, the ruling coalition partner, Congress is desperate to make optimum benefit out of the prevailing More
- Briefs
CSK organises camp
Srinagar: The Cancer Society of Kashmir in collaboration with the Department of Gastroenterology Sher-e-Kashmir Institute of Medical Sciences Soura organized a free screening endoscopy camp at Bandipora More
- Business
‘Gold coins being sold at exorbitant prices in Valley’
Against Rs 17600, consumer shells out Rs 20500/coin
GK BUSINESS REPORTER
Srinagar, May 7: The Kashmir Gold Dealers and Workers’ Association (GDWA) today made a startling revelation saying that gold coins in the Valley were being sold at “exorbitantly higher prices.” General More
- News
Osama was living in Pak since 2003: Report
REZAUL H LASKAR/PTI
Islamabad, May 7: Trying to piece together Osama bin Laden's life prior to the US raid that killed him, Pakistani sleuths Saturday focussed on Haripur district in the country's northwest after his Yemeni More


