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Hon'ble CM's Report gives 20 recommendations with 64 actionable points and emphasizing;

 

• Ban on Future trading of Essential Commodities

• Set up Price Stabilization Fund by Government of India

• set up a Ministerial level Coordination mechanism at the National and the Regional level for coordinated policy making

• Priority sector lending to Agri-marketing activities

• Speedy Reform of APMC Act across the Country and Liberalization of Agri-markets

• Time bound development of Agri-marketing infrastructure including storage capacities in food deficit regions, cold chain, agro-processing etc.

• Unbundling of FCI operations of procurement, storage and distribution

• Increase competition by promoting retailing by organized sector and cooperatives.

 

Shri Narendra Modi, Chief Minister of Gujarat, Chairman of the Working Group on Consumer Affairs, submitted the Report of Working Group to the Hon’ble Prime Minister of India, Dr. Manmohan Singh in the presence of Union Finance Minister Shri Pranab Mukherjee, Professor K. V. Thomas, Minister of State (Independent charge) for Food, Public Distribution and Consumer Affairs, Minister of State in PMO Shri V. Narayanasamy, at Prime Minister's residence.

The Working Group on Consumer Affairs was constituted on 8th April, 2010, finalized its Report earlier in January 2011 by the Committee led by Shri Narendra Modi, Chief Minister Gujarat with other member Chief Ministers of States of Maharashtra, Andhra Pradesh and Tamil Nadu.

Unlike the usual practice of voluminous reports often bordering along academic approach, the Modi Committee Report is a precise document which gives 20 recommendations with 64 detailed actionable points that will facilitate expeditious implementation of the Report.

With regard to the Future Markets and considering lack of strong linkages between spot and future markets at present, the Modi Committee Report has suggested that for the time being, essential commodities should be kept out of the Future Market.

The Modi Committee Report has suggested setting up of a Price Stabilization Fund by Govt. of India to help State Government for procurement and distribution of essential commodities in short supply.

Some of the major recommendations made in the Modi Committee Report include liberalization of Agriculture Markets for improving the efficiency of distribution channel from farms to consumer, increasing participation of organized sector/ cooperatives in retailing including farmers’ markets, agro- processing, storage and cold chains for wastage control and reduction, proactive monetary policy etc.

For evolving single National agriculture market, the Modi Committee Report has recommended to set up a Ministerial level Coordination mechanism at the National and the Regional level for coordinated policy making.

In addition, the Modi Committee Report has recommended enlarging the scope of priority sector lending such that the Agriculture Marketing activities are also be made eligible and the ratio of priority sector lending to the agriculture sector should also be raised further from the current level of 18%.

To minimize information asymmetry in the Agriculture Market, the Modi Committee Report also calls for establishing a mechanism, if necessary by creating a dedicated agency, to collect and widely disseminate information to all stakeholders on production, import, stocks and overall availability of essential commodities besides extensive use of the Information Technology.

Since, the FCI plays a major role in procurement and distribution system of essential commodities, a suggestion has been made to explore unbundling of FCI operation in terms of procurement, storage and distribution functions.

Further, the Modi Committee Report has also emphasized preparation of a 10-year Perspective Plan for improving Agri-infrastructure of backward and forward linkages for Agriculture Production and Marketing.

The Modi Committee Report has also recommended that offences under Section 10-A under the Essential Commodities Act should be made non-bailable and Special Courts should be set up for speedy trial of offences under the E.C. Act.

In addition, the Modi Committee Report also recommends that the period of preventive detention under the PBM Act (Black Marketing Act in common parlance) should be increased from six months to one year.

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PM interacts with leaders of pharma industry
April 19, 2021
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PM Modi appreciates the crucial role of the pharma sector in the fight against the pandemic
It is because of the efforts of the pharma industry that today India is identified as ‘pharmacy of world’: PM Modi
Despite all the challenges, the Indian pharma industry has also registered a growth of 18 percent in exports last year, which shows its potential: PM

Prime Minister Narendra Modi interacted with leaders of pharmaceutical industry via video conferencing. The Prime Minister appreciated the crucial role of the pharma sector in the fight against the pandemic.

PM Modi appreciated the way the pharma industry is working even in such trying conditions.

PM Modi remarked that it is because of the efforts of the pharma industry that today India is identified as ‘pharmacy of world’. He said essential medicines were made available to more than 150 countries around the world during the pandemic. The Prime Minister stated that despite all the challenges, the Indian pharma industry has also registered a growth of 18 percent in exports last year, which shows its potential.

Noting the second wave of the virus and rising number of cases, PM Modi commended the pharma industry for their efforts to increase production of several necessary drugs. He appreciated them for reducing the price of injections like Remdesivir. To keep the supply of medicines and essential medical equipment going smoothly, PM Modi urged the pharma industry to ensure seamless supply chains. PM Modi also extended government’s support for facilities like Logistics and Transportation.

He urged the industry to conduct more and more researches on threats which can occur in the future along with Covid. This, he said, would help us take the lead in combating the virus.

Seeking cooperation from the pharma industry, PM Modi assured that government is undertaking reforms for new drugs and regulatory processes.

The leaders of the Pharma industry appreciated the proactive help & support received from the Government. They highlighted the efforts made over the last one year in ensuring availability of drugs keeping manufacturing and logistics operational. Operations at the pharma hubs for manufacturing, transportation, logistics and ancillary services are being maintained at optimum levels. The participants also share inputs on the measures being undertaken to meet the overall medicine demand in the country despite the unprecedented increase in demand for some drugs  the COVID Treatment Protocol.

The meeting was also attended by Union Health Minister Shri Harsh Vardhan, MoS (Health) Shri Ashwini Kumar Choubey, Union Minister Chemical and Fertilizer Shri D.V. Sadananda Gowda, MoS (C&F) Mansukh Mandaviya, Principal Secretary to PM, Dr V K Paul Member (H) NITI Aayog, Cabinet Secretary, Union Health Secretary, Union Pharmaceutical Secretary, Dr Balram Bharagava, DG ICMR, amongst other officers from Ministries / Departments of Central Government.