Pulses Prices
Consumer affairs secretary pulls up retailers for high prices of pulses
This story was originally published at 19:41 IST on 8 October 2024
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MUMBAI – Consumer Affairs Secretary Nidhi Khare Tuesday pulled up retailers for high prices of pulses despite a fall in wholesale prices and warned that the government will take action if the trend continues. Chairing a meeting with the Retailers Association of India and major organised retail chains, the secretary said the diverging trends between wholesale and retail prices are indicative of increasingly unwarranted margins that retailers are extracting, according to an official release.
"The trends are being closely tracked and necessary measures will have to be initiated if the divergences are found to be widening," the release said. Prices of tur and urad have declined in major markets by almost 10% during the last three months, but retail prices have not seen a similar decline, the release said, quoting the secretary.
On availability, the secretary said urad and moong have started arriving in markets while imports of tur and urad from East African countries and Myanmar are arriving steadily to augment the domestic production, according to the release. The comfortable domestic availability situation is also evident from the fact that the stocks disclosed by big-chain retailers on the government's portal have been increasing every week, the release said.
Considering the current availability situation and easing of wholesale prices, the secretary asked the retail industry to extend all possible support to the government in its efforts to keep prices of pulses affordable, the release said.
End
Reported by Ashutosh Pati
Edited by Saji George Titus
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