Price Board installed at Khumbong
Source: Hueiyen News Service
Imphal, April 29 2012:
The Price Ticker Board which highlights the price tags of agricultural products in different parts of the country has been installed for the first time in Manipur at Khumbong Bazaar today.
The Price Ticker Board has been installed under Price Dissemination Project, which has been adopted by the Ministry of Agriculture with three Commodity Exchange Companies of India.
The project is being taken up jointly by the Department of Agriculture and Marketing, Ministry of Agriculture; Multi Commodity Exchange of India (MCX); National Commodity Exchange of India (NCDEX) and National Multi Commodity Exchange of India (NMCE).
The installment of the Price Ticker Board in the state would be taken up by MCX in collaboration with Manipur Industries Development Centre, Irom Meijrao.
The Price Ticker Board would display the prices of all the agricultural products at which it is being sold in different parts of the country.
Speaking as the Chief Guest of the installation ceremony held at Khumbong bazaar, MP Dr T Meinya said that Khumbong Keithel and Keithel Manbi are the most important twin markets located on the way to Jiribam from Imphal.
Since it is not feasible to develop a single market complex in the state, the twin market complex has become very important.
It is very fortunate for the people of Khumbong area that the installation of the Price Ticker Index in the state has been started from Khumbong market.
This will be the first step in developing the market area, he added.
Presided over by K Bor, President of KBWC, the function was also attended by L Bijen, Upa Adaksha of Imphal West; L Chaobi, Member of Yarou Bamdiar ZP and Kh Rajen, Pradhan of Ngairangbam GP as Guests of Honour.