To ease shortage of pulses, government exempts stock limit on kabuli chana
kabuli chana from the purview of the stock limit.
This move is expected to help importers bring in more Kabuli chana into India ahead of the festival season. Pulses, including kabuli chana, are widely used in snack making and consumed as a source of proteins.
An official gazette notification was put out late on Thursday, but it did not mention the reasons behind the exemption given on this particular pulse.
On June 21, the government imposed stock limits on pulses applicable to wholesalers, retailers, big chain retailers, millers, and importers, to prevent hoarding and unscrupulous speculation, and also to improve affordability to the consumers.
Under this order, stock limits were imposed for tur and chana, including Kabuli chana, until September 30, 2024, for all States and Union Territories.
Stock limits applicable to each of the pulse individually will be 200 MT for wholesalers; 5 MT for retailers; 5 MT at each retail outlet and 200 MT at the depot for big chain retailers; last 3 months of production or 25 per cent of annual installed capacity, whichever is higher, for the millers.
In respect of importers, the importers are not to hold imported stock beyond 45 days from the date of Customs clearance.
The respective legal entities are to declare the stock position on the portal of the Department of Consumer Affairs and in case the stocks held by them are higher than the prescribed limits then, they shall bring the same to the prescribed stock limits by July 12, 2024.
The imposition of stock limits on tur
