NEW DELHI: The government on Monday exempted importers of pulses from stock limits and also relaxed the norms for wholesalers and millers. This comes barely a fortnight after stock limits were imposed to tame rising prices of the staple.
The consumer affairs ministry said the relaxations have been made in view of softening of prices of all the key varieties of pulses. Stock limits will now be applicable only on tur, urad, gram and masoor till October 31. However, all millers and importers will have to continue to declare their stocks on the web portal of the consumer affairs ministry.
The revised stock limit norm for wholesalers specifies that they can store up to 500 tonnes at any point of time, provided that it should not be more than 200 tonnes of one variety. Earlier, the limit was only 200 tonnes. For millers, the limit will be the six months’ production or 50% of annual installed capacity, whichever is higher. The earlier norm for millers was three months’ production or
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