Increase in price of subsidized goods in Supplyco; A three-member committee was appointed to investigate

Thiruvananthapuram: A three-member committee has been formed to look into the matter regarding the implementation of price hike of subsidized goods in SupplyCoil. Supplyco CMD, Food Secretary and Planning Board member Ravi Mamman are in the committee. Minister G.R. The decision was taken in a meeting called by Anil. The committee is directed to submit a report to the Food Minister within 15 days.

The price of 13 essential commodities is currently in 2016. Supplyco has demanded an increase of more than 20 percent. The committee will look into this matter as well. The other day, the food minister said that the price increase was to sustain SupplyCo. The government’s move is to implement the hike in such a way that the consumers will benefit even if the price is increased by 500 rupees compared to buying from the public market. It has been decided to implement the increase after the Navakerala Sadas. .

Supplyco sells 13 items at subsidized rates. The tender for two items was held the other day. Agencies stayed away from the rest. The companies informed that they can participate in the tender if the price can be increased.