This refers to the editorial "An anti-market step" (July 4). Imposing limits on stocking is not a practical solution for the problem of prices of agricultural produce flaring up in the lean season. Some produce has to be stocked up during the harvest season, so that it can be sold later during the lean season. Also, it does not make sense to put limits on stocks during the lean season. If higher quantities of a commodity are forced out in the beginning of the lean season, severe scarcity may follow until the new crop comes into the market. A more sensible approach would be for the government to intervene in the market effectively, so that prices are maintained at a reasonable level both during the harvest and lean period.
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Kishor Kulkarni Mumbai
Letters can be mailed, faxed or e-mailed to:
The Editor, Business Standard
Nehru House, 4 Bahadur Shah Zafar Marg
New Delhi 110 002
Fax: (011) 23720201
E-mail: letters@bsmail.in
All letters must have a postal address and telephone number