Government lifts stock restrictions on Kabuli chana

The recent decision by the government to lift restrictions on Kabuli chana comes just three weeks after they were initially imposed. These restrictions were aimed at preventing hoarding and controlling prices of various pulses, including tur, chana dal, and kabuli chana. Initially introduced on June 21 under the Removal of Licensing Requirements, Stock Limits and Movement Restrictions on Specified Foodstuffs (Amendment) Order, 2024, the restrictions included specific stock limits across various sectors including wholesalers, retailers, large chain retailers, millers, and importers. For example, wholesalers were limited to 200 tonnes, retailers to 5 tonnes, and so forth. The rationale behind these measures was to curb hoarding and speculation, thereby ensuring affordability for consumers. However, the government has now reversed this decision, citing policy adjustments that encourage imports and increased cultivation of chickpea in major producing countries like Australia. This shift is expected to stabilize supply and prices in the market. Moreover, favorable conditions in India, such as increased acreage in key producing regions like Madhya Pradesh and Maharashtra due to high prices, are anticipated to boost domestic production of chickpea. This positive outlook likely influenced the decision to lift the restrictions on Kabuli chana, aligning with broader agricultural trends and market dynamics.

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