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Government offloads 1.12 lakh tonne of pulses seized from hoarders

04 Jan 2016 Evaluate

The government has offloaded 112,545.96 tonne of pulses seized from hoarders under de-holding operations to increase availability of pulses which in-turn will help to moderate the prices further. The prices have declined from the peak of Rs 200 per kg in October to Rs 160 at present due to various government measures including unearthing of hoarded stock and offloading that in the retail market.

The government has conducted as many as 14,726 raids against hoarders of pulses in 14 states and a union territory. A maximum of 86,709 tonnes of pulses were seized in Maharashtra, of which 81,473 tonnes have been offloaded till yesterday.

Karnataka has offloaded 22,421 tonnes of pulses out of the total seized quantity of 25,545 tonnes so far, while Chhattisgarh has released more than 4,138 tonnes. Other states are in the process of releasing the seized pulses in the market.