Prices may fall af­ter 23,000 met­ric tonnes of pulses seized in Maha

Hindustan Times ST (Mumbai) - HT Navi Mumbai Live - - FRONT PAGE - HT Cor­re­spon­dent ht­metro@hin­dus­tan­times.com

MUM­BAI: In raids over two days, the state has seized 23,340 met­ric tonnes of pulses, worth more than Rs180 crore, held il­le­gally in ware­houses across the state. With this, the price of the house­hold es­sen­tial that went up mul­ti­fold over the past few weeks could soon start drop­ping.

More than 95% of the goods were re­cov­ered from five ware­houses in the Mum­bai Metropoli­tan Re­gion and ac­tion has been ini­ti­ated against them. The raids fol­low a state no­ti­fi­ca­tion re­strict­ing hold­ing the stock of pulses, edi­ble oil and oilseeds.

The state said af­ter the raids, re­tail prices of pulses fell to Rs160 a kg from Rs200 two days ago, and are ex­pected to re­duce fur­ther. The seized goods will be auc­tioned off to bring more stock to the open mar­ket. “All com­mis­sion­ers and dis­trict col­lec­tors have been asked to take ac­tion against hoard­ers,” said Girish Ba­pat, food and civil sup­ply min­is­ter.

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