ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Wheat Trade- Returned with Thanks

A Correspondent writes:
IT was only a year ago that the government had taken over the wholesale trade in wheat. At that time this was seen as a major step to free the country's food economy from the clutches of the private trader whom the government charged with creating artificial shortages through hoarding and speculative activities. The takeover wag pushed through in a hurry, without even the most elementary preparation, on the ground that if private hade was permitted to operate, the difficult food situation created by the failure of the kharif crop would be aggravated. Now apparently the gov- ernment has an altogether different view of the role of private trade. It has b^en argued, in favour of handing back the wholesale trade in wheat to private traders, that the situation created by the meagre procurement in the last rabi and kharif seasons and the continued rise in prices of foodgrains required the government to enlist the help of private traders. Thus, from being an element which created and aggravated shortages through hoarding and speculative activities, private trade has been transformed into an ally which will bail the government and the country out of the difficulties on the food front.

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