Stock limits on pulses imposed on licensed food processors, large dept retailers also
Updated: Oct 19, 2015 12:00:41pm
New Delhi, Oct 19 (KNN) In a bid to increase availability and to prevent hoarding of pulses, Government has imposed stock limits on pulses on licensed food processors and large departmental retailers also, said a release from the Ministry of Consumer Affairs, Food and Public Distribution.
Government has amended the central order under Essential Commodities Act, 1955 with immediate effect to enable imposition of stock limits on pulses sourced from imports, stocks held by exporters, stocks to be used as raw-materials by them.
In its earlier order extending the imposition of stock limits on pulses, edible oils and edible oil seeds, for one year up to September 30 2016, Government had granted exemption to four categories of stocks namely stocks sourced from imports, held by exporters, by licensed food processors and large departmental retailers. It has now withdrawn exemptions to stocks of pulses held by these four categories.
The government has also taken several measures for increasing the availability of pulses by banning export of pulses, extension of zero import duty on pulses and also import of 5000 tonnes of pulses from Price Stabilization Fund. To increase production of pulses, the minimum support price for Urad and Arhar dal have been increased to Rs.4625 per quintal and for Moong dal to Rs 4850 per quintal.
Union Finance Minister on October 14, 2015 chaired a high-level inter-ministerial meeting and took major decisions like creation of a buffer stock by procurement and imports of pulses, strict action against hoarders and black marketers, bearing transportation, handling and milling charges of imported pulses from the Price Stabilization Fund and encouraging States to lift stocks of imported pulses, among others.
Cabinet Secretary has also been reviewing the price situation on a daily basis. He directed all departments to keep a close watch on prices of essential commodities, especially pulses and work in close coordination with all states to control price rise.
All States have been advised to intensify anti-hoarding operations and keep in check black-marketing and profiteering by traders. As many as 500 tonnes of Tur dal have been allotted to Kendriya Bhandar and 200 tonnes to Safal for distribution through over 400 outlets. Distribution has already started from October 16 in New Delhi through these outlets.
All these measures are likely to increase the availability of pulses and cool down the prices. (KNN Bureau)
Government has amended the central order under Essential Commodities Act, 1955 with immediate effect to enable imposition of stock limits on pulses sourced from imports, stocks held by exporters, stocks to be used as raw-materials by them.
In its earlier order extending the imposition of stock limits on pulses, edible oils and edible oil seeds, for one year up to September 30 2016, Government had granted exemption to four categories of stocks namely stocks sourced from imports, held by exporters, by licensed food processors and large departmental retailers. It has now withdrawn exemptions to stocks of pulses held by these four categories.
The government has also taken several measures for increasing the availability of pulses by banning export of pulses, extension of zero import duty on pulses and also import of 5000 tonnes of pulses from Price Stabilization Fund. To increase production of pulses, the minimum support price for Urad and Arhar dal have been increased to Rs.4625 per quintal and for Moong dal to Rs 4850 per quintal.
Union Finance Minister on October 14, 2015 chaired a high-level inter-ministerial meeting and took major decisions like creation of a buffer stock by procurement and imports of pulses, strict action against hoarders and black marketers, bearing transportation, handling and milling charges of imported pulses from the Price Stabilization Fund and encouraging States to lift stocks of imported pulses, among others.
Cabinet Secretary has also been reviewing the price situation on a daily basis. He directed all departments to keep a close watch on prices of essential commodities, especially pulses and work in close coordination with all states to control price rise.
All States have been advised to intensify anti-hoarding operations and keep in check black-marketing and profiteering by traders. As many as 500 tonnes of Tur dal have been allotted to Kendriya Bhandar and 200 tonnes to Safal for distribution through over 400 outlets. Distribution has already started from October 16 in New Delhi through these outlets.
All these measures are likely to increase the availability of pulses and cool down the prices. (KNN Bureau)
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