Govt relaxes pulses stock limit rules within 2 weeks amid strong opposition

Amid tremendous pressure from the sector, however, the government increased the permissible stock quantity of pulses allowed for wholesalers and millers with a complete exemption for importers. Under the revised stock limit, wholesalers can now keep 500 metric tonnes (MT) of pulses at a time provided the quantity of any one pulse does not exceed 200 MT. Under the old order, the maximum stock that wholesalers could keep was 200 MT, with the quantity of a single pulse restricted to a maximum of 100 MT. The stock limit for millers has now been fixed equivalent to the last six months’ production or 50 per cent of annual capacity, whichever is higher. This was earlier set to three months’ production and 25 per cent annual capacity. According to the government’s order, the importers of pulses have been exempted from stock limits but shall continue to declare stocks of pulses on the Department of Consumer Affairs portal while for retailers, the stock limit remains unchanged at 5 MT.

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