Allow imports by pvt cos to keep check on rising pulses price

Mumbai, August 30: The Pulses Importers Association ask the government to allow private companies to import pulses as well as give a subsidy to importers to keep a check on prices which have shot up recently.

The rising pulses price have already created panic-like situation in the country, as pulses prices have gone beyond the reach of a commonman.

“The better way to keep a check on prices will be to let private companies import and government can give subsidy to importers to keep a check on prices,” the Pulses Importers Association’s President, K C Bhartiya said in a statement here.

Government has authorised agencies like STC, MMTC, NAFED among others to import various pulses. They are floating tenders in the international market. The tenders floated are in huge quantity and therefore the suppliers are quoting higher prices to keep cushion and high margins, Bhartiya said.

There are more than 5,000 importers of pulses in India and if there are incentives from the government there may be many more. This will lead to a smooth supply line, he said.

The prices of pulses are rising internationally since export ban is imposed in India. The ban is the main reason behind rising international prices, Bhartiya said.

—Agencies