Govt imposes stock limits on tur, urad dal till October to check hoarding

June 02, 2023 23:44

File image

The government on Friday imposed stock limits on tur and urad dals held by wholesalers, retailers, importers and millers till October to prevent hoarding and check price rise.

An order in this regard was issued with immediate effect by the Union food and consumer affairs ministry.

All India average retail price of tur has increased by 19 per cent to 122.68 per kg on June 2, from 103.25 per kg a year ago.

Similarly, the average retail price of urad has increased by 5.26 per cent to Rs 110.58 per kg from Rs 105.05 in the said period, as per the data maintained by the ministry.

"Under this order, stock limits have been prescribed for tur and urad until 31st October 2023 for all States and Union Territories," consumer affairs secretary Rohit Kumar Singh said.

According to the order, a stock limit of 200 tonnes each has been imposed on tur and urad for wholesalers, 5 tonnes each for retailers and retail outlets, and 200 tonnes at the depot for big chain retailers.

In the case of millers, the stock limit will be the last three months of production or 25 per cent of annual installed capacity, whichever is higher.

Whereas importers are not allowed to hold stock beyond 30 days from the date of customs clearance, an official statement. -- PTI

« Back to LIVE

TOP STORIES

EPL PIX: Manchester City thump Wolves; Arsenal down Bouremouth

IMAGES from Premier League matches played on Saturday.

Real Madrid secure LaLiga title after Girona thrash Barca

Ancelotti's second-string players proved they were up to the task as they secured three points for Real and kept them on course for the inevitable LaLiga title celebrations.

Kotak Mahindra Bank reports 25% rise in Q4 net profit

Kotak Mahindra Bank on Saturday reported a 25 per cent growth in its March quarter net profit at Rs 5,302 crore, limited by a drop in the core income due to narrow interest margins. On a standalone basis, the city-headquartered lender's...

1 IAF personnel killed, 4 injured in Poonch terror attack

The attack took place near Shashidhar in the evening when the vehicles were moving towards Sanai Top in the district's Surankote area.

IPL PIX: RCB fumble before scripting win over GT

IMAGES from the Indian Premier League match played between Royal Challengers Bengaluru and Gujarat Titans in Bengaluru, on Saturday.