NEW DELHI: “You pocket all the profits when the going is good but instantly pass on costs when things turn adverse. A little sharing of burden may not be bad for you” – the purported remark by a senior govt functionary has sent ripples across govt circles. The functionary is said to have made the observation during a recent interaction with some industry representatives, who told him about rising costs of raw materials due to the conflict in West Asia. While being empathetic to them and assuring them of all possible support from govt, the functionary suggested that the industry could absorb some of the increase in costs of materials instead of passing on all of that to consumers. Ministries and departments – after getting inputs from industries on short supply or non-availability of key materials – have been taking up matters with agencies concerned and also with “higher levels” for finding solutions. Govt has set up seven empowered groups of secretaries (EGoS) which regularly examine potential disruptions to trade, supply chains and logistics. These have also been taking mitigation measures and monitoring domestic availability and price stability of essential commodities. Meanwhile, officials said that during a meeting at the PMO Wednesday evening, EGoS members shared the steps taken so far and also the problems being faced. These were discussed in detail, they said. One of the issues that dominated the discussion was the availability of packaging materials for food items, milk and drugs, hit by the disruption in supply of ethylene and propylene.End of ArticleFollow Us On Social MediaVideosDelhi Police Crack Down on ISI-Linked Spy Module, 10 Arrested; Second Network Busted After Pan-India Surveillance Plot’Chokepoints Now A Global Anxiety’: Jaishankar Invokes West Asia Crisis At Indian Ocean ConferenceMathura: Boat Carrying Devotees Capsizes In Yamuna; 10 Bodies Recovered, Rescue Ops OnQatar Assures Reliable Energy Supply To India Amid West Asia Crisis After Hardeep Puri’s Doha VisitPakistan-ISI Spy Network Busted: 11 Arrested For Recce Of Military Sites Across North IndiaCentre Notifies CAPF General Administration Act 2026; Families, Retired Officers Protest in DelhiJustice Yashwant Varma Resigns Amid Cash Row — Why He Stepped Down On Day Of Impeachment Defence’Win A War Without Firing?’ CDS Anil Chauhan Explains Shift From Battlefield To Perception WarfareExercise Brahmastra: Indian army’s first firing from the AH-64E Apache attack helicoptersMarco Rubio’s India Visit Next Month After Talks With Vikram Misri in Washington123PhotostoriesFrom Vivek Dahiya getting emotional during Divyanka Tripathi’s pregnancy scan to pampering her midnight cravings, the couple share their journeyHow to differentiate between naturally and chemically ripened banana: FSSAI’s rulebook on ripening temperature for the fruit4 high-profile business family feuds that made headlines globally5 things that make Bandhavgarh National Park irresistible to nature loversFrom Yashasvi Jaiswal-Maddie Hamilton to Hardik Pandya-Mahieka Sharma: 5 Indian cricketers and their rumoured girlfriendsGold or platinum with diamonds: Which one actually makes you look richer?Chef Sanjeev Kapoor shares secrets on how to use moong (whole, split with skin, and split skinless) for maximum benefitsShubman Gill’s new house in Juhu, Mumbai is a ₹20 crore luxury apartment with sea views, full-floor privacy and luxury amenitiesWant love that lasts? 5 phrases that can save your relationshipChild’s roti and sugar for school lunch goes viral: 13 school tiffin meals that all 90s kids can relate to123Hot PicksIran war ceasefirePAN Card application 2026Purple cap winnerOrange cap winnerIPL Points TablePublic holidays April 2026Bank Holidays AprilTop TrendingStephen Curry charityLaura Loomer reactionIndia Lebanon civilianRajouri grenade recoveryUS stock marketPAN Card application 2026Hinjewadi Metro lineUS inflationSchool Holidays in AprilLaken Snelling case
NEW DELHI: “You pocket all the profits when the going is good but instantly pass on costs when things turn adverse. A little sharing of burden may not be bad for you” – the purported remark by a senior govt functionary has sent ripples across govt circles. The functionary is said to have made the observation during a recent interaction with some industry representatives, who told him about rising costs of raw materials due to the conflict in West Asia. While being empathetic to them and assuring them of all possible support from govt, the functionary suggested that the industry could absorb some of the increase in costs of materials instead of passing on all of that to consumers. Ministries and departments – after getting inputs from industries on short supply or non-availability of key materials – have been taking up matters with agencies concerned and also with “higher levels” for finding solutions. Govt has set up seven empowered groups of secretaries (EGoS) which regularly examine potential disruptions to trade, supply chains and logistics. These have also been taking mitigation measures and monitoring domestic availability and price stability of essential commodities. Meanwhile, officials said that during a meeting at the PMO Wednesday evening, EGoS members shared the steps taken so far and also the problems being faced. These were discussed in detail, they said. One of the issues that dominated the discussion was the availability of packaging materials for food items, milk and drugs, hit by the disruption in supply of ethylene and propylene.
