After controlling the rising prices of pulses, the Center on Monday removed the stock limit from the importers of pulses. The stock limit has also been increased for millers and wholesalers. This decision will give relief to pulses farmers as the prices of pulses may increase in the coming days. Even after the decision of the government, pulse millers, wholesalers, importers will have to provide stock information on the web portal of the Department of Consumer Affairs.
Ajay Kedia, director of Kedia Commodity, says that the limit fixed by the government will prove beneficial for the farmers. With this, the prices of pulses may see an increase of 5 to 10% in the coming days. However, this will hit the common man with inflation, because pulses have already become very expensive during the Corona period. Most of the pulses have gone above Rs 100 per kg.
During the Corona period, people had trouble getting vegetables. Apart from this, people have also distanced themselves from non-veg and resorted to pulses for protein. Due to such reasons, the demand for the price has increased. Apart from this, we import pulses from other countries but due to Corona, it decreased. This has also given support to the prices. India is the world's largest producer of pulses as well as the largest consumer.
The central government had decided to impose stock limits on July 2, 2021 to control the prices of essential commodities like pulses. The government had imposed stock limits on all pulses except moong till October 31. The imposition of the stock limit means that wholesale or retail traders, millers, and importers cannot keep stock of any pulses or pulses in excess of the limit fixed by the government.
On July 2, the government had imposed a stock limit of 5 tonnes for retail traders, 200-200 tonnes for wholesalers and importers. In which the stock of any one variety could not exceed 100 tonnes. There was an order for pulse mills not to stock more than 25 percent of the total annual capacity.
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