Parl panel sore over anomalies in price stabilisation fund

THE PARLIAMENTARY STANDING committee on consumer affairs, food and public distribution on Thursday criticised the department of consumer affairs over the disbursement of funds under the price stabilisation fund (PSF) to state and agencies, including Nafed, MMTC and NCCF.

- SANDIP DAS

“The disbursement of funds under the PSF to several states and key agencies, such as Nafed, MMTC, NCCF, and KendriyaBhandar, has not been uniform,’the panel in its report titled submitted to Lok Sabha stated.

The panel has suggested strengthening the monitoring system to track procurement activities for essential commodities like pulses, onions, and potatoes, improving buffer stock management, and conducting periodic reviews of fund utilisation at the state level to help achieve the goals of the PSF scheme more effectively.