In 2015, pulse prices spiked prompting investigations by the ITD © 123RF
In 2015, pulse prices spiked prompting investigations by the ITD © 123RF

Inquiry uncovers Indian pulses cartel behaviour

19 July 2017

An investigation by the Indian Income Tax Department into a 2015 pulse price rise has brought to light allegations of cartel-like behaviour in India’s pulse industry. 

In April 2015, the price of pulses suddenly spiked and dal, which had been available in the market for less that Rs70/kg a month before, jumped to over Rs200/kg, sparking an investigation into the market.

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