VAIDS

Wednesday, October 28, 2015

Governments: Raid to Help Ease Price of Pulses in retail marker

NEW DELHI: Aided by improved availability of pulses, prices of tur and urad dal witnessed a marginal correction in the retail market on Tuesday.
As per the data maintained by the Ministry of Consumer Affairs, Food & Public Distribution, tur dal price slipped below Rs 210 per kg and was quoted about Rs 190 on Tuesday, while wholesale price of the commodity declined to Rs 181 per kg.

 
Similarly, urad dal prices dropped by up to Rs 8 per kg in both retail and wholesale markets across the country. Retail price of urad dal was Rs 190, while it was Rs 180 in the wholesale market.

Pulses supply improved over the past week, thanks to 8,394 raids carried out by 12 state governments, which collectively, seized over 82,000 tonnes of pulses from hoarders. This led to a marginal price correction in pulses. States have also indicated that seized stock will be made available in retail markets within a week, which will further help to cool down skyrocketing prices.
“Under de-hoarding operations, 8,394 raids have been conducted so far and 82,462.53 tonnes pulses have been seized across the states,” an official statement said.
According to an official, due to the seizure of pulses in 12 states, prices started moving southwards. Similarly, in Rajasthan and Karnataka, the wholesale prices are showing a declining sign. As per the data, 4,932 tonnes of pulses have been seized in Chhattisgarh, 2,370 tonnes in Madhya Pradesh, 3,330 tonnes in Rajasthan and 2,189 tonnes in Haryana so far.

According to the statement, "More states have started selling pulses through government/cooperative outlets. Prices in the wholesale market have also registered declining trends."
Pulses prices shot up the roof in the recent past owing to shortfall in domestic output by two million tonnes in 2014-15 due to poor rains. This forced the government to step up the countrywide crackdown on hoarders and black-marketeers to boost domestic supply and control prices.
To provide relief to the common man, four state governments are selling tur dal at a lower price of Rs 120-145 per kg at retail points. While Andhra Pradesh and Telangana are distributing one kg of tur dal at a highly subsidised rate of Rs 50 through ration shops, PDS outlets in Tamil Nadu are selling urad and Canadian lentils at Rs 30 per kg each.

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