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Govt exempts importers from stock limit on pulses; increases it for wholesalers and millers.
Jul 20, 2021

The central government on Tuesday decided to increase the stock limit on pulses wholesalers and millers and exempt importers from the same. Responding to the decision, pulses prices increased by 1% to 2% in the spot markets across the country.
 
'Considering the softening of the prices and feedback received from various stake holders, central government has relaxed stock limits for millers and wholesalers and exempted importers from the same. These entities shall however continue to declare stocks on the web portal of Department of Consumer Affairs. The stock limit shall be applicable only to tur, urad, gram and madurai,' a government release said.
 
Praveen Khandelwal, secretary, Confederation of All India Traders (CAIT), which had requested Union Consumer Affairs minister Piyush Goyal to withdraw the stock limit order said, 'This decision will give relief to lakhs of grain merchants across the country.'
    

The Economic Times

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