Retail chains face pulses stock rule
NEW DELHI : Private retail chains and online grocers such as D-Mart, Reliance Retail, BigBasket, Amazon and Flipkart must now declare the amount of pulses they stock twice a week, as the government tries to curb the sharp rise in their prices. The government recently directed millers, retailers, wholesalers, big retail chains, importers, processors and stockists across the country to disclose stocks every week. However, the norm has recently been changed to twice a week for big private retail chains.
Its officials are verifying stocks at ports and pulses industry hubs. “It has been noticed that big retail chains are not declaring their stock despite the mandate. The department of consumer affairs revamped the stock disclosure portal to include yellow peas and big chain retailer as an entity, which is effective from 15 April.
These chains have some stock of pulses that they need to declare to avoid any price escalation," an official aware of the matter said on the condition of anonymity. In the first week of June, government officials raised pulses stock disclosure with major retail chains, the official said, adding they are complying. On Friday, all-India average retail prices of chana dal (Bengal gram), tur or arhar (pigeon pea), urad (black gram), masur (lentil) and moong (green gram) were at ₹85.2, ₹154.5, ₹122.5, ₹93.1 and ₹115.6 per kg, up nearly 14%, 25%, 10%, 0.6% and 5.5% year-on-year, respectively.
The consumer affairs department has revamped the stock disclosure portal to include yellow peas and “big chain retailer" as an entity, which is effective from 15 April. “All these entities are very important. We are trying to engage with state governments, and all entities such as millers, importers, big retail
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