India: Stockholding limit hiked for big wholesalers of Tur and Urad Dal

Published 2023년 11월 7일

Tridge summary

The Indian government has increased the allowed stocks of tur and urad dal for wholesalers from 50 metric tonnes to 200 metric tonnes, in order to increase supply in the market. The decision was made in response to a recommendation from the All-India Dal Mill Association. Additionally, importers are now able to hold their stocks for up to 60 days after clearance, and big chain retailers can hold up to 200 metric tonnes per depot, up from 50 metric tonnes.

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Original content

The government has allowed wholesalers of tur and urad dal to increase stocks of the pulses to 200 metric tonnes from 50 metric tonnes earlier, according to a notification from the department of consumer affairs.This relaxation will help the industry in increasing the supply of these pulses. in the market, said Suresh Aggarwal, president of All-India Dal Mill Association. The industry had recommended this in its last meeting with officials, he said.The government also doubled the time period for which importers can hold their stocks after clearance to 60 days.While there has been no change in the holding capacity for small retailers, which is 5 metric tonnes, big chain retailers can ...

Source: Economic times