Over 51,732 MT seized pulses disposed in the market to increase availability
A per reports received from the State Governments, till yesterday, 51,732.27 MT pulses seized under de-holding operations have been auctioned or offloaded through other options in the market to increase availability. This will help to moderate the prices further.
The High Court of Karnataka on 23.11.2015 declared the Department of Food & Civil Supplies’ seizure of pulses stored by traders as “illegal” and ordered the release of pulses, edible oils and oilseeds from them.
Since imposition of the stockholding limits on pulses by the States, 1, 30,439.42 MT pulses have been seized till December 02, 2015. Efforts are being made also by other States to expedite disposal of seized pulses as per the provisions of Essential Commodities Act.