Govt exempts importers of pulses from stock limits

New Delhi: The Government on Monday exempted importers of pulses from stock limits, and also relaxed the norms for millers and wholesalers, in view of softening of prices of key pulses in the country. The limits have been fixed at 500 metric tonnes for wholesale traders and importers, and 5 tonnes for retailers. 

The stock limit for processors/dal millers has been set at the last six months’ production or 50 per cent of annual installed capacity, whichever is higher. A revised order in this regard has been notified.

As per the notification, now, the stock limits will be applicable only on tur, urad, gram and masoor for a period up to October 31. “It has been decided that Importers of pulses will be exempted from stock limits and shall continue to declare stocks of pulses on the portal (fcainfoweb.nic.in) of Department of Consumer Affairs,” it said. This relaxation for Millers will have a down-streaming effect in terms of giving an assurance to farmers at



this critical juncture of kharif sowing of Tur and Urad. “These entities shall however continue to declare stocks on the web portal of Department of Consumer Affairs,” it said.

“Respective legal entities shall continue to declare their stocks on the portal (fcainfoweb.nic.in) of Department of Consumer Affairs and in case the stocks held by them are higher than the prescribed limits, then they shall bring it to the prescribed stock limits within 30 days of issue of this notification,” it said. In case the stocks held by them are higher than the prescribed limits, they should bring it to the prescribed stock limits within 30 days of issue of this notification dated July 19.

Prices of Tur, Urad Moong and Gram started showing a consistently declining trend. Beginning with the declaration of stocks on the portal by stockholders from mid- May of 2021 and constant monitoring of by central and State Government.