The prices of Chana, Tur and Urad in major mandis had declined by up to 4 per cent in the past one month, but retail prices have not seen a similar decline, said Nidhi Khare, Secretary, Department of Consumer Affairs, Government of India. She pointed out the diverging trends between wholesale mandi prices and retail prices, which seems to suggest that retailers are deriving higher profit margin.
She also pointed out that sowing progress for Kharif pulses are robust. The Government has undertaken numerous efforts in facilitating enhanced production of Tur and Urad in major Kharif-producing States, including the distribution of good quality seeds to farmers through NAFED and NCCF and the Department of Agriculture is in continuous engagement with the State Agriculture Departments to provide all necessary support.
Considering the current price scenario and Kharif's outlook, the Secretary asked the retail industry to extend all possible support to the Government in its efforts to keep prices of dals affordable to the consumers. She informed that stock positions of all stockholding entities, including that of big chain retailers are being closely monitored to ensure that the prescribed limits are not breached. Breach of stock limits, unscrupulous speculation and profiteering on the part of market players would invite stern actions from the Government.
Retail industry participants assured that they would make necessary adjustments in their retail margins and maintain at the nominal level to ensure the availability of prices at affordable prices to the consumers.
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