Soaring prices of chilli may have enthused the hearts of farmers but the officials say that the trend of high prices were the result of serious action and a methodical approach to trading.

Instances of fluctuations of chilli prices have been reported quite often in recent times prompting the agricultural marketing officers to put in place a series of checks and balances.

Joint Collector and person in-charge of Agricultural Market Committee (AMC) A. Sarath said it was noticed that timely and proper shop inspections of the yard supervisors have not been done during December, 2010.

Brisk season

Even while the brisk chilli season commenced, lack of proper regulatory mechanism had resulted in abnormal lowering of prices.

A series of instruction were given and an action plan was put in place to regulate scrupulous trading practices, including formation of syndicates by  gullible traders, Mr. Sarath said.

He said all the auction staff should commence duties at 7.00 a.m. at the time when auctions begin.

Auctioneers and supervisors should have to visit every shop and verify the stock as per register as compared to gate arrival slip and  issue auction slip to the commission agents, he said.

Once the supervisor certify the arrivals and sales in the stock register, they shall not be over writing or change the rate or quantity shall be entertained.

‘The yard supervisor shall see recording of all arrivals farmer-wise in stock register as per gate slip and any transfer of stock from one commission agent to other agent in view of financial incapability in exceptional cases,' Mr. Sarath said.