Government offloads 93,500 tonnes of pulses seized from hoarders in the retail markets

The government has offloaded over 93,500 tonnes of pulses seized from hoarders in the retail markets that will further help curb prices of lentils. About 130,613 tonnes of pulses were seized from hoarders out of which, 93,507.83 tonnes of pulses have been offloaded in the market.

As many as 14,721 raids were conducted against hoarders of pulses in 14 states and an union territory. The maximum pulses were seized in Karnataka, of which 5,787 tonnes have been offloaded till yesterday. The Maharashtra state has offloaded 79,478 tonnes of pulses out of the total seized quantity of 86,709 tonnes so far, while Odisha has released almost entire quantity of 1,410 tonnes.

On account of various initiatives taken by the government including curbs on hoarding of pulses stocks, the prices of pulses have declined from the peak of Rs 200 per kg in October to Rs 180 per kg at present in most retail markets.