Bengal govt wants price cap on raw jute or bags: Official

Kolkata | Friday | 26th November, 2021

Summary:

Kolkata, Nov 26 (PTI) The West Bengal government is in favour of the continuation of price sealing either on raw jute or hessian sacks as the authorities cannot allow persistent price rise of the foodgrain packaging material, an official said on Friday.

A high-level meeting was held this evening at the state secretariat "Nabanna" in the presence of chief secretary, labour minister and law minister, he said.

Jute commissioner, state enforcement department officials and representatives of Indian Jute Mills Association were also present at the meeting.

The state government has decided to carry out operations to stop hoarding of raw jute as it believes hoarders are dictating the price in markets, the official said.

"The government has mandated us to come out with a suggestion on how to keep jute bag price at check.

During the meeting, the state administration said the price cap has to continue either on raw jute or on finished bags as the government cannot allow continuous price rise of bags which it procured for packaging of foodgrains," IJMA chairman Raghavendra Gupta told PTI.