Diabytes
Pulses traders News
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To help tame spiralling pulse prices that have hit Rs 200 per kg, traders have signed contracts to import about 3 million tonnes of lentils so far this year worth about USD 2 billion as domestic demand spikes.
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Expressing concern over rise in prices of pulses, traders' body CAIT today said the government should impose stock limit on first importers and allow only domestic process houses to import foodgrain and pulses.
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The government has received a representation alleging hoarding of pulses by big traders and importers in "a foreign country", Parliament was informed on Tuesday.
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The central government has said asked states to ensure that pulses are sold in the market at reasonable prices through Public Distribution System
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In a desperate attempt to curb rising pulses prices, government announced imposition of stock limits on pulses across the trade.
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High pulses prices are expected to continue in the days to come as slow imports are not able to keep up with the demand in the festival season.
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