Rumours push salt price to Rs 100/kg

November 16, 2013

Salt_price_to_Rs_100kgPatna/Kolkata, Nov 16: A buying spree of salt, triggered by rumours of a shortage, engulfed eastern and north-eastern states with price of the essential food ingredient touching Rs 100 in some places.

State governments had to resort to a crackdown on hoarders, arrest rumour mongers and go on a publicity blitz to calm down panicking public, who converged on shops and bought salt packets in large quantities.

In Bihar, shopkeepers had a field day as rumours sent the prices through the roof. Salt was three to six times the original cost in many districts.

Rumours first started only in Darbhanga and Samastipur, but it soon spread to many other places, prompting people to queue up before kirana stores and buy several packets of salt. One kg salt packet costs Rs 16 but it touched Rs 120 in some remote areas.

The Nitish government swung into action, cracking down on black marketeers, stockists and those spreading rumours that the state had virtually no salt for people.

Until Friday noon, 18 people were arrested and several trucks laden with salt were seized from various locations.

Food and Civil Supplies Minister Shyam Razak clarified that the state had adequate stock of salt and urged people not to heed rumours that the Gujarat government would stop sending salt consignment to Bihar due to Nitish’s rivalry with Narendra Modi.

Bihar gets salt primarily from Gandhidham and Mokhi in Gujarat, besides Nawa City and Govind Marwar in Rajasthan.

Bihar’s food secretary Sishir Sinha scotched all rumours, asserting that the situation is back to normal following the arrest of 18 people and raids at several places.

Speaking to reporters, Sinha said the profiling of the arrested people was being done to find out their role in creation of artificial crisis about salt that triggered panic buying by consumers.

Meanwhile, rumours of salt shortage spilled over to northern Bengal, shooting prices between Rs 50 and Rs 100.

The situation came to light when some local people in Darjeeling lodged a complaint with the consumer department of the autonomous hill council claiming that salt was being Rs 100 a kg at Kalimpong, Kurseong and Sonada in Darjeeling since Thursday evening.

Rumours of salt shortages hit Meghalaya, Mizoram and other northeastern states with panic stricken people buying salt at exorbitant prices which forced the state government to launch an immediate crackdown and announce there is enough stock of salt in the state.

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Agencies
May 27,2020

New Delhi, May 27: The government has further extended the deadline for bidding to buy its entire 52.98 per cent stake in the country's second-biggest oil refiner, Bharat Petroleum Corp Ltd (BPCL), by over one-and-a-half months to July 31.

This is the second extension for submission of expression of interest (EoI) for BPCL stake by interested bidders. The government had first invited bids showing interest in buying its stake, by May 2. It was then extended till June 13.

This has now been extended to 5 p.m. on July 31 in "view of further requests received from the interested bidders and the prevailing situation arising out of COVID-19", an official notice put up by disinvestment department DIPAM late on Tuesday said.

Accordingly, the last date for submission of written queries or preliminary information memorandum has been pushed back to June 23 from the earlier deadline of May 16.

The disinvestment in BPCL involves the government selling its entire 52.98 per cent stake in the company to a strategic investor with transfer of management control. The government has barred PSUs from bidding for BPCL and expects private sector Indian players and global MNCs to bid for its stake. The government's stake in BPCL is worth around Rs 50,000 crore.

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Agencies
January 23,2020

Jammu, Jan 23: The National Investigation Agency (NIA) has brought the disgraced Deputy Superintendent of Police (DSP) Davinder Singh to Jammu for investigations.

According to sources, Davinder Singh has been brought on a transit remand. A formal remand from the NIA court for interrogation will be taken on Thursday.

On Wednesday, fresh raids were carried out by the NIA at Singh's residences in Srinagar.

Singh was caught while transporting two militants, Naveed Babu and Rafi Ahmed, and a lawyer Irfan Ahmed in a vehicle to Jammu on January 11.

According to sources the two militants and the lawyer had plans to travel to Pakistan after reaching Jammu.

The case was transferred to the NIA after initial investigation by the Jammu and Kashmir Police.

Singh has been dismissed from the service and the Jammu and Kashmir administration on Monday forfeited the commendation medal and certificate awarded to him.

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News Network
July 3,2020

New Delhi, Jul 3: In a significant step, ICMR has partnered with Bharat Biotech International Limited (BBIL) to fast-track clinical trials of the indigenous COVID-19 vaccine (BBV152 COVID Vaccine). It is the first indigenous vaccine being developed by India and is one of the top priority projects which is being monitored at the topmost level of the Government, says ICMR in a statement.

The vaccine is derived from a strain of SARS-CoV-z isolated by ICMR-National Institute of Virology, Pune. ICMR and BBIL are jointly working for the preclinical as well as clinical development of this vaccine.

In a letter to the institutes that will be involved in the trails of the vaccine, ICMR has said

"It is envisaged to launch the vaccine for public health use latest by 15th August 2020 after completion of all clinical trials. BBIL is working expeditiously to meet the target. However, final outcome will depend on the cooperation of all clinical trial sites involved in this project. you have been chosen as a clinical trial site of the BBV152 COVID vaccine. ln view of the public health emergency due to COVID-19 pandemic and urgency to launch the vaccine, you are strictly advised to fast track all approvals related to initiation of the clinical trial and ensure that the subject enrollment is initiated no later than 7th July 2020."

The ICMR also asked the institutes to comply with the order, "Kindly note that non-compliance will be viewed very seriously. Therefore, you are advised to treat this project on the highest priority and meet the given timelines without any lapse."

The ICMR has selected 12 institutes, including one from Odisha, for the clinical trial of the country's first indigenous COVID-19 vaccine.

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