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Tur (Pigeon Pea) News - Centre Imposed Stock Limits on Pulses till October to Check Price Rise
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Centre Imposed Stock Limits on Pulses till October to Check Price Rise

Department of Consumer Affairs issued an order to impose stock limits on all pulses except Moong held by wholesalers, retailers, millers and importers with immediate effect for a period up to 31st October,2021. The stock limit imposed on wholesaler is 200 MT (there should not be more than 100 MT of one variety). The stock limit for retailers will be 5 MT and for millers it will be 3 months production or 25% of annual installed capacity, whichever is higher. For importers, the stock limit will be same as that of wholesaler for stocks held/imported prior to 15th May 2021. For stocks imported after 15th May 2021, stock limit applicable to wholesaler, will apply after 45 days from date of customs clearance. According to order, legal entities need to declare the stock if it is exceeded than prescribed limits on portal of Department of Consumer Affairs and bring it to the prescribed limits within 30 days of the notification of order.