-The Hindu Retail prices of pulses skyrocket; raids unearth 50,000 tonnes. Even as the government intensified its crackdown on hoarders to rein in the prices of pulses in the retail market, importers on Friday urged the government to exempt them from stockholding limits. With their request came the offer that they would supply 100 tonnes of imported dal at Rs.135 per kg every day to hold the price line. Imposing stock limits...
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Government in overdrive to rein in prices of pulses -Dilip Kumar Jha & Sanjeeb Mukherjee
-Business Standard Plans to enhance buffer stock to 500,000 tonnes; Gujarat exempts importers from stock limit Even as retail prices of pulses continued to exceed Rs 200 a kg in some cities, the Centre stepped up its countrywide crackdown on hoarders and black marketers. The central government claims to have seized around 50,000 tonnes of pulses so far from 10 states, about 15,000 tonnes in the last few days alone. Officials say the...
More »Price stabilisation fund for pulses can keep consumer budget in check
-Hindustan Times The alleged lynching of a truck driver who was ferrying pulses by a mob recently in UP is a sad commentary about India’s inadequate price management systems. Wholesale prices, which plunged for the 11th straight month in September, could be masking a worrisome rise in food prices, leaving consumers to wonder why — even with declining inflation — their household budgets are spinning out of control. After onion, the prices...
More »36,000 tonnes of pulses seized from hoarders, says Jaitley -Sayantan Bera and Mayank Aggarwal
-Livemint.com Cabinet reviews anti-hoarding measures taken by states, discusses ways to improve supplies and control spurt in prices New Delhi: With retail prices of pulses showing no signs of a climbdown, the Union cabinet on Wednesday reviewed anti-hoarding measures taken by states and discussed ways to improve supplies and control the spurt in prices. Later, finance minister Arun Jaitley chaired an inter-ministerial group meeting and said that at the centre’s insistence, states...
More »Here’s why prices of pulses are unlikely to cool anytime soon -Sayantan Bera
-Livemint.com As long as farmers with access to irrigated land aren’t interested in growing pulses, supply and price shocks will keep haunting consumers and governments New Delhi: The centre’s efforts to contain prices of pulses during the festive season is showing few results on the ground. On Monday, retail prices of tur dal (arhar or pigeon pea) climbed to Rs.205 per kg in Mysore in Karnataka and Rs.210 per kg in Puducherry,...
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