To reduce hoarding and increase supply, the government announced in a statement that it has extended its stock limitations on pulses, including tur and chana, to wholesalers, retailers, large chain shops, millers, and importers until September 30. Stock limitations of 200 MT for wholesalers, 5 MT for retailers, 5 MT at each retail location, and…
The minimum support price (MSP) of Rs 7000 per quintal for tur dal is almost 50% higher than the mandi rates. As a result, government agencies are finding it difficult to buy the pulse variety directly from farmers at market prices to create a one million-tonne buffer. Only 20,000 tons of tur dar have been…
Consumer Affairs Secretary Rohit Kumar Singh issued a directive to retailers on Friday warning them against maintaining a “unreasonable level” of profit margin on pulses, particularly tur dal. This was done out of concern over the rising price of tur dal. The secretary of the Retailers Association of India (RAI) instructed the main organized retailers…
