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OPS urges Tamil Nadu CM to prevent hoarding of essentials | Chennai News

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CHENNAI: AIADMK coordinator O Panneerselvam on Thursday urged Tamil Nadu chief minister M K Stalin to prevent hoarding of essential commodities and check price rise. He urged the CM to set up a price stabilisation fund to ensure the availability of goods at a nominal price.
In a statement, the former chief minister said the rise in prices of commodities had a severe impact on the lives of people, who were already affected by the raging Covid-19 pandemic. There were reports of skyrocketing prices of commodities like rice, wheat, dal and edible oil.
“Though the impact of the pandemic has been felt since last March, the rise in prices of commodities reached a new high only this month. The price of cooking oil shot up by 20%, sunflower oil 56%, mustard oil 42%, palm oil 52%, and dal varieties 15%. The prices of rice, sugar and salt are also on the rise,” OPS said.
He said that former chief minister J Jayalalithaa had set up a price stabilisation fund and allotted Rs 100 crore to sell the essential commodities to the public at a lower price.



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