In view of the rising prices of Arhar-Urad, the central government asked the states to keep a close watch on the stock

Pulses Price Hike: The increase in the prices of Arhar and Urad Dal has increased the concern of the government. In view of the rising prices of Arhar and Urad Dal, the Central Government has held a meeting with the State Government officials regarding stock disclosure. The Central Government has asked the States to keep a close watch on the prices of Arhar and Urad Dal and keep verifying the stock position. Instructions have been given to take strict action against those who violate the stock limit order.

Nidhi Khare, Additional Secretary, Department of Consumer Affairs, has held a meeting with the officials of Food and Civil Supplies Department, Central Warehousing Corporation and State Warehousing Corporation of the states. In the meeting, the stock disclosure of Arhar and Urad Dal and the situation after the implementation of the decision of the stock limit of the states has been reviewed. Let us tell you that on June 2, the central government had announced to impose a limit on the stock of Arhar and Urad Dal. Under the Essential Commodities Act 1955, this decision was taken to prevent hoarding of pulses and to prevent huge increase in prices so that pulses could be made available to the people at affordable prices.

In this meeting, the Central Warehousing Corporation and the State Warehousing Corporation have been asked to provide information on the stock of pulses present in their warehouses on a regular basis. The decision of stock limit on Arhar and Urad pulses will remain in force till October 31, 2023.

There has been a continuous increase in the prices of pulses in 2023. According to government data on January 1, 2023, the average price in the retail market was Rs 110.99 per kg, which has increased by Rs 15.24 to Rs 126.23 per kg on June 13. Urad Dal was available at Rs 106.55 on January 1, 2023, which is available at Rs 111.08 per kg on June 13.

In recent times, in view of the increasing prices of Arhar and Urad Dal, the government has taken several decisions. The government has instructed importers importing pulses to unload pulses in the market within 30 days after getting custom clearance. In the advisory, the ministry has asked the importers of pulses not to hold the stock with them for more than 30 days after getting custom clearance. Along with this, every Friday, all the importers have been asked to give information about the holding stock of Arhar and Urad Dal on the online portal of the department.

The government had expressed the apprehension of hoarding of Arhar and Urad in foreign countries i.e. from Myanmar. Importers who import pulses in India are not asking for import duty. They are hoarding the same pulses so that when the prices of pulses increase further in the domestic market, they can make huge profit by selling it in the market after importing it at higher prices.

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