Govt Likely to Slash Prices of Four Most Used Pulses

In the wake of the recent wave of inflation, the Pakistan Tehrik-e-Insaf (PTI) government is mulling several measures for damage control.

To provide some relief to the common people, the government has decided to reduce the prices of four major pulses, including Dal Chana, Dal Mash, Dal Masoor, and Dal Moong in state-run utility stores.

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The new rate of these pulses is expected to be as follows:

• Dal Chana – Rs. 90
• Dal Mash – Rs. 145
• Dal Moong – Rs. 100
• Dal Masoor Rs. 120

It was also decided to increase the local production of these grains and reduce the import bill by a whopping Rs. 1 billion.

The Ministry of National Food Security and Research has been asked to confirm the production cost and farmers’ profit before fixing the indicative price of these pulses.

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As per sources, the government plans to purchase at least 30 percent of locally produced pulses via Pakistan Agricultural Storage and Services Corporation (PASCO) to ensure an uninterrupted supply to utility stores.

The move is expected to provide some relief to the public amid skyrocketing inflation.

It is worth mentioning here that the government had announced to release Rs. 6 billion for Utility Stores Corporation (USC) last month to control the price hike.