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Home International Customs India

India authorities offload over 20,000 tonnes of seized pulses

byCustoms Today Report
01/12/2015
in India
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NEW DELHI: Over 20,000 tonnes of pulses out of 1.33 lakh tonnes seized during raids have been offloaded in the market so far as part of the government’s steps to boost domestic availability and control prices.
The government also said the prices of essential commodities have stabilised after a declining trend last week.
“As per reports received from state governments, till yesterday, 20,779.25 tonnes pulses seized under de-hoarding operations have been auctioned or offloaded through other options in the market to increase availability,” an official statement said today.
“This will help moderate the prices further,” it added.
Maharashtra has offloaded 13,789.4 tonnes out of 86,709.39 tonnes seized by the state government during 5,250 raids.
Madhya Pradesh has disposed of 2,698.7 tonnes, Chhattisgarh 2,145.22 tonnes and Odisha 1,403.86 tonnes.
Karnataka has disposed of only 488.53 tonnes so far out of 25,545.82 tonnes seized.
“The High Court of Karnataka on November 23 declared the Department of Food & Civil Supplies’ seizure of pulses stored by traders as “illegal” and ordered the release of pulses, edible oils and oilseeds from them,” the statement said.
Since imposition of the stockholding limits on pulses by the states, 1,33,658.92 tonnes were seized till November 30.
Efforts are being made also by other states to expedite disposal of seized pulses as per provisions of the Essential Commodities Act.
In another statement, the government said retail prices have stabilised during the last week after showing a falling trend in the week ended November 23, 2015. The retail prices in metros have also stabilised.
As per the official data, arhar is ruling between Rs 148-164 per kg in four metros while urad is being sold at Rs 126-170 per kg.
Pulse prices had crossed Rs 200 per kg in the retail market due to a slump in production by 2 million tonnes in 2014-15.
However, rates have eased due to several measures taken by the government such as sale of imported pulses at subsidised rate, imposition of stock holding limits and raids on hoarders.

Tags: 000 tonnes of seized pulsesIndia authorities offload over 20

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