Every time, Hon'ble agriculture minister come up with a new statement, the hordings of essential goods increases. On 31st July, with a statement that "due to reduction of agriculture base for produce of sugarcane, the production of sugar will reduce to 1.60 crores tones as compared to 2.25 croroes tones in last year", the prices of sugar were shootup immediately and large business houses kept tones of stock of sugar to sell it in open market during the festive season. And after that again the similar type of statement for rice has come from the same source. Most likely, the prices of rice may also shootup due to illegal hoardings by the large business houses as well as dealers. However, during the time of Smt. Indira Gandhi, only one statement that the sugar will soon be imported from China, the hoarders released their stocks and prices were reduced. Instead of releasing the statements which tends to increase the prices of essential commodites, we should learn from the past to release such statements, which may ease the situation.
