THE recent decision by the Jammu and Kashmir government to withdraw control of mutton and chicken prices has sparked concerns and uncertainty among residents and stakeholders. This move comes in response to the central government’s opinion that the previous directive, the Jammu and Kashmir Mutton (Licensing and Control) Order, 1973, is no longer valid and applicable. Does this mean that the government wants market forces to determine prices? If so, it is unlikely that the mutton prices can ever be hoped to reduce. This is why the absence of price controls raises several questions and potential challenges.
The issue of controlling mutton and chicken prices in J&K has long been a contentious matter. As is clear from the media reports, over the past four years, the cost of mutton has risen by over 50 percent. The government’s approved price of Rs 535 per kg seems to have little impact on the actual market prices, with mutton currently being sold for Rs 650 per kg. With the withdrawal of price controls, consumers fear that prices may skyrocket further, making mutton unaffordable for many.
With the government not deciding the mutton price, it will be determined by market supply and demand. While this approach may seem logical, it fails to address the concerns of consumers who rely on mutton as a staple in their daily diets and for special occasions. The absence of government regulation raises questions about who will now be responsible for ensuring fair pricing and preventing exploitative practices in the market.
The decision to allow mutton retailers to import sheep, a privilege previously limited to licensed agents, may bring some competition and potentially moderate prices. However, it remains to be seen how this will play out in practice and whether it will have a significant impact on affordability.
J&K, heavily reliant on mutton imports, consumes over 600 lakh kg of mutton annually. Prior to the withdrawal of price controls, mutton prices in the region were relatively lower compared to other states. However, it remains to be seen how the new regulations will impact the prices and availability of mutton, especially given the demand in the union territory, especially in the Valley.
As the government’s decision takes effect, it is crucial for the administration to provide further clarification on the pricing mechanism and address the concerns raised by people. While market forces can play a role in determining prices, it is crucial for the government to maintain a balance between free-market principles and ensuring fair pricing for the benefit of its citizens.
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