News Update

 
No more ceiling; Farmers allowed to sell Tur, Urad & Masur in open market

By TIOL News Service

NEW DELHI, JUNE 07, 2023: IN a significant step towards enhancing domestic production of pulses, the government has removed the procurement ceilings of 40% for tur, urad and masur under Price Support Scheme (PSS) operations for 2023-24. The decision, in effect, assures the procurement of these pulses from farmers at MSP without ceilings. The assured procurement of these pulses by the government at remunerative prices will help motivate the farmers to enhance sowing area in respect of tur, urad and masur in the upcoming Kharif and Rabi sowing seasons in order to enhance the production.

It may be recalled that the government had, 2 nd June, 2023 imposed stock limits on tur and urad by invoking the Essential Commodities Act, 1955 in order to prevent hoarding and unscrupulous speculation and also to improve affordability to the consumers. The stock limits have been made applicable to wholesalers, retailers, big chain retailers, millers and importers. It has also been made mandatory for these entities to declare the stock position on the portal (https://fcainfoweb.nic.in/psp) of Department of Consumer Affairs.

In a follow up action to the stock limits imposed on tur and urad, the Department of Consumer Affairs has directed the state governments to ensure strict enforcement of the limits in their respective states. As part of enforcement, the states have also been asked to monitor prices and stocks position by verifying with various warehouse operators. Parallelly, the Department has also asked Central Warehousing Corporation (CWC) and State Warehousing Corporations (SWCs) to provide the details pertaining to tur and urad held in their warehouses.


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