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Huge import order cause of rise inpulses prices—PIA |
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02/09/2009 |
| The Pulses Importers Association (PIA) President, Mr K. C. Bharatiya, has blamed the Union government’s action of floating tenders to import huge quantity of pulses as one of the reasons for the price rise.
"The tenders floated are for huge quantities and, therefore, the suppliers are quoting higher prices to keep a cushion and high margins," Mr Bharatiya stated.
The way to check prices would be to allow the private trade to import while the government could provide subsidy to the importers to offer pulses at lower prices.
Referring to the ban on export of pulses, he opined that this was one of the reasons for the high prices prevailing in the global market. |
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