Agriculture

States seize around one lakh MT pulses prices decline

To put a check on the soaring prices of pulses and make them available at reasonable prices several states have launched massive drive against hoarding and black marketing of pulses
States seize around one lakh MT pulses prices decline

In an effort to put a check on the soaring prices of pulses and make it available at reasonable prices, many states have increased their raids against the hoarders and black marketers. In lines of this ongoing drive, on 28.10.2015, over 15,000 MTs of pulses have been seized. Including this, over 98,000 MTs of pulses have been seized across the country so far, a media of release of Ministry of Consumer Affairs, Food & Public Distribution claims.

Meanwhile, In an another move, some states are making efforts to make available pulses on reasonable rates raging from Rs 120 to Rs 140 per kg through various mode of distribution including public distribution system.

In many centres across the country, the retails and wholesale prices of tur dal has seen declining from Rs 2 to Rs 40 per kg, the release says. In Nagpur, the retails prices fallen from Rs 132 per kg to Rs 130 per kg while in Kanpur the the retail prices fallen from Rs 185 per kg to Rs 160 per kg. Puducherry which was seeing sky rocketing prices has registered a fall from Rs 210 per kg to Rs 170 per kg.

In the wholesale price, the prices fallen from Rs 100 to Rs 3400 per quintal. In Gurgaon, prices fallen from Rs 12,600 per quintal to Rs 12,500 per quintal while in Rajkot, prices fallen from Rs 17,000 per quintal from Rs 13,600 per quintal. In Purnia, located in the the eastern region of the country, per wholesale prices fallen from Rs 17,000 per quintal to Rs 15,000 per quintal.

These two steps have had a salutary effect in improving the supply situation as well as in cooling down the prices of pulses both in the retail and wholesale markets. 

- Advertisement -
The Changing Face of Rural India