THE MINISTER OF STATE IN THE MINISTRY OF CONSUMER AFFAIRS, FOOD AND PUBLIC DISTRIBUTION ( SHRI V. SREENIVASA PRASAD )
(a) to (d): No, Sir. Wholesale and retail prices are mainly determined by market forces of supply and demand.
There are no specific guidelines issued by Government for maximum difference permissible between the wholesale and
retail prices. However, for those essential commodities, which are supplied through Public Distribution System (PDS),
issue prices are prescribed by the Government.
(e) to (g): The retail and wholesale prices of 12 essential commodities of mass consumption are monitored regularly
by the Central and State Governments at the highest level through various high powered committees. The daily retail
prices and weekly wholesale prices of 12 selected essential commodities (rice, wheat, gram dal, tur/arhar, sugar, tea,
groundnut oil, mustard oil, vanaspati, potato, onion and salt) are being monitored by the Price Monitoring cell in the
Department of Consumer Affairs. Two new items viz. atta and milk have been added for price monitoring from 01.07.2003.
On the basis of the data on prices collected from 18 State capitals and some major producing centres, through State
Civil Supplies Departments, a close watch on the retail prices of essential commodities in different parts of the
country is maintained and appropriate measures are taken by them to safeguard the interest of the consumers from
time to time.