Government imposes stock limits on tur, chana dal to curb hoardings

Government imposes stock limits on tur and chana dals to control hoarding and prices until September.

The government on June 21 imposed stock limits on tur and chana dals till September this year to check hoardings and control prices.

The Centre has issued an order imposing stock limits, which will be applicable to wholesalers, retailers, big chain retailers, millers and importers, an official statement said.

The move is aimed to "prevent hoarding and unscrupulous speculation, and also to improve affordability to the consumers in respect of tur and chana".

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The Removal of Licensing Requirements, Stock Limits and Movement Restrictions on Specified Foodstuffs (Amendment) Order, 2024 has been issued with immediate effect from June 21, 2024.

Under this order, stock limits have been prescribed for tur and chana, including kabuli chana, until September 30, 2024, for all states and union territories.

Stock limits applicable to each of the pulse individually will be 200 tonnes for wholesalers; 5 tonnes for retailers; 5 tonnes at each retail outlet and 200 tonnes at the depot for big chain retailers; last 3 months of production or 25 per cent of annual installed capacity, whichever is higher, for the millers.