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Govt imposes stock limits on pulses till October to check price rise

Decision comes at a time when prices of most pulses have come off from their peaks and have softened by Rs 5-20 per kg in the retail markets the past one month

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Sanjeeb MukherjeeAgencies
Days after the Centre lowered the import duty on edible oils, it imposed stock holding limits on all pulses save moong, held by wholesalers, retailers, importers and millers till October.

Incidentally, the decision has come at a time when prices of most pulses have come off from their peaks and have softened by Rs 5-20 per kg in the retail markets the past one month, as per data from department of consumer affairs.

Pulses prices in the domestic markets had soared in the months of March to May due to low domestic stocks, prompting the Centre to allow free imports.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)