Mizoram govt warns businessmen after price of salt jumps

Rumoursthat salt was unavailable hit the state which resulted in panic buying and prices skyrocketing

Press Trust of India Aizawl
Last Updated : Nov 15 2013 | 5:28 PM IST
Mizoram government today warned businessmen against hoarding 'salt', which was rumoured to be sold for as high as Rs 300 a kilo in some areas of the state.

Rumours from Bihar that salt was unavailable hit Mizoram and the other north eastern states which resulted in prices skyrocketing and panic buying.

Some shops in Aizawl sold more than 100 quintals of salt in just three hours this morning, while in some places in southern Aizawl one kilo of salt sold for Rs 300, reports said.

Also Read

An official statement said that those engaged in black marketing and hoarding of salt would be punished under relevant sections of the Essential Commodities Act, 1955.

Flying squads, supply teams and static squads were deployed at Durtlang near Aizawl and the Mizoram-Assam border in Kolasib district to prevent export of salt outside the state and Aizawl city, the statement added.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 15 2013 | 5:15 PM IST

Next Story