Tur Price Drops by Rs 20/kg in Maharashtra.

Mumbai: The state government on 30th November released 1,357 metric tonnes of pulses seized from hoarders into the market, to further reduce the price of pulses. 972 metric tonnes is tur dal and the remaining 385 metric tonnes is stocks of other pulses such as Chana, moong and urad, so totally the 1,357 metric tonnes of pulses released.

The price of tur dal has dropped from Rs 160-180/kg to Rs 140-180/kg across the state, said officials, but retailers in the city said tur dal was still being sold at Rs 180-210/kg, unchanged from what it was last week.

The state government had launched a crackdown against the hoarders and seized over 46,000 tonnes of tur dal after conducting nearly 2,500 raids across Maharashtra. Since November 26, of the seized stock, 15,147 metric tonnes of pulses—7,803 metric tonnes tur dal and 7,344 metric tonnes of other pulses—have been released.

After an indemnity bond was taken from traders, these stocks had been released to them. For tur dal, the bond had three conditions, first one is the trader will sell it only in Maharashtra, second one is the rate will be fixed at Rs 100/kg and if these two clauses were violated, a first information report would be filed against the trader. For the other pulses, the rate wasn't prescribed, but the other two clauses were included in the bond.

Deepak Kapoor, principal secretary, food and civil supplies department said "These conditions were decided by the cabinet and will be strictly adhered to."

Sourcehttp://timesofindia.indiatimes.com/