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The government on Tuesday pointed out that retail prices of tur, urad and chana dals have not declined in proportion to about a 4 per cent fall in major wholesale markets in the past one month and asked retailers to charge reasonable profit margins for providing relief to consumers. The government warned that it would take stern actions against unscrupulous speculation and profiteering by market players. On Tuesday, the Department of Consumer Affairs organised a meeting with the Retailers Association of India (RAI) here to discuss the price scenario in respect of pulses. The meeting, chaired by Nidhi Khare, Secretary, the Department of Consumer Affairs, also reviewed compliance with the stock limits for tur and chana. The meeting was attended by representatives of RAI, Reliance Retail, D-Mart, Tata Stores, Spencer's, RSPG, and V-Mart, among others. RAI has more than 2,300 members, having over 6,00,000 retail outlets in the country. According to an official statement, the secretary
Union Budget 2024: Finance Minister Nirmala Sitharaman will present the Budget in the Lok Sabha on July 23
Between 2016 and 2023, the average annual production of all pulses in India rose from 16-18 million tonnes to 22-25 million tonnes
Prices of pulses are going up, thanks to the non-clearance of imported consignments at the port due to a delay in the approval of relevant documents by banks, Dawn reported
Prices of tur and urad have risen in the last few days over fears that scanty rain could have an impact on the kharif harvest
The government on Monday exempted importers of pulses from stock limits, and also relaxed the norms for millers and wholesalers, in view of softening of prices of the key pulses in the country.
Traders cry foul over stock limit, free refined imports
The nodal body for pulses and grains trade and industry in India - has sought to initiate immediate measures to curb the skyrocketing prices of pulses and grains in the retail market.
Buffer stock was created to manage price volatility using Price Stabilisation Fund.
Beats procurement target, to go slow in rabi season; farmers may be forced to sell in distress
Retailers are looking to protect margins as high as 40%; millers seek fixing of retail margins at 15-20%
Only 3, out of 11 states, lift pulses allocated by Centre