Tur, Urad prices decline by almost 10 pc during last three months: Consumer Affairs Secretary
In respect of Chana, decline in mandi prices have been observed in the past one month, but retail prices continue to increase.
In respect of Chana, decline in mandi prices have been observed in the past one month, but retail prices continue to increase.
She pointed out the diverging trends between wholesale mandi prices and retail prices, which seems to suggest that retailers are deriving higher profit margins. She also said that sowing progress for Kharif pulses is robust.
The implementation of the stock limit order and the status of stock disclosure on the portal are continuously monitored by the Department of Consumers Affairs and the state governments.
Large scale incidents of hoarding of stocks of tur and urad dal by millers and traders in their warehouses to avoid stock declaration, have been discovered by the government.
It has been observed that millers and traders, dealers have resorted to holding their stocks in warehouses in the name of farmers in a deliberate attempt to escape stock declaration.
The decision to set up the panel came following reports of market players not releasing stocks despite the regular arrival of imports in good quantities.
