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State to get slight relief from commodity crisis, re-commencement of BG freight train service to stabilize the goods supply in state, inflation likely to meet an end
TIWN July 8, 2016
State to get slight relief from commodity crisis, re-commencement of BG freight train service to stabilize the goods supply in state, inflation likely to meet an end
PHOTO : Train bearing Engine number 12604 had left had successfully for Silchar from Migrendisa in Dima Hasao on Thursday. TIWN Pic July 7

AGARTALA, July 8 (TIWN): Re-commencement of BG freight train in Tripura on regular basis to stabilise the flow of goods in the state and will also meet an end to the rise in price of the goods.

It is to be mentioned here that goods supply was badly hit in the state following the dilapidated condition of the NH44 over past few months. However, the recommencement of the freight trains to stabilize the supply of goods in the state.

If such goods trains are operated on a regular basis by the NFR, the availability of food grains, transport fuels, essentials and other commodities would increase and prices would be reasonable and the pressure on the NH44 will also come down.

As the train has started operating its service in the state the state will get relief from the price hike and there will be balanced supply of goods into the state.

It is expected that the beginning of cargo train service will also give relief to the travellers who usually choose NH44 for travelling to different spots.

With the re-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 was halt due to the collapse of the railway track. However, the tracks are now renovated and the freight train has once again started running its wheels in the track.

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.

The broad gauge line of Northeast Frontier Railway (NFR) the lifeline of several north-eastern states -- was restored on Thursday, almost two months after it was damaged by heavy rains.

The restoration of the rail traffic will be a great relief for southern Assam, Tripura, Mizoram and parts of Manipur which are linked to the railway network of India through the NFR line.
A new 300-metre track was laid to divert the route slightly at the problematic spot in Migrendisa in Dima Hasao district of southern Assam.

 

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