TIWN
AGARTALA, Feb 23 (TIWN): With the commencement of the BG freight train service into Tripura, the buffer stock of the state will be immensely developed.
It is to be mentioned here that the transportation of essential commodities from outside to the landlocked state during past few months as mega block of train services along the Lumding-Agartala was underway for conversion works. .
The Assam-Agartala National Highway-44 is not in good shape for carriage of essential commodities. So, railway is the best way to carry the goods and commodities to maintain the stability of the buffer stock of the state.
The prices of agricultural products such as wheat, cotton, tea and coffee tend to fluctuate more than prices of manufactured products and services. This is largely due to the volatility in the market supply of agricultural products coupled with the fact that demand and supply are price inelastic.
One way to smooth out the fluctuations in prices is to operate price support schemes through the use of buffer stocks. Buffer stock schemes seek to stabilize the market price of agricultural products by buying up supplies of the product when harvests are plentiful and selling stocks of the product onto the market when supplies are low.
While addressing the formal program at Jirania station, Transport Minister Manik Dey said that with the commencement of the BG freight train the buffer stock of the state will be improved.
It is to be mentioned here that the first BG freight train has already made its entry into the soil of Tripura with rice into Jirania station and in the coming days the stock will be further improved.
He further said that Tripura would be the gateway of India's corridor with South-East Asia and play a remarkable role in improving the state more and more, added Dey.
The supply of food grains and other essentials to Tripura, Mizoram, parts of Manipur and southern Assam will get a boost with the commencement of the BG freight train service.
Surface connectivity is an important factor as the landlocked north-eastern states are surrounded by Bangladesh, Myanmar, Bhutan and China.
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