Govt removes quantitative cap on procurement of tur, urad and masur under MSP operation
The Board of Trustees has agreed to remove the quantitative limit on purchases of tur (peas), warad (black gram) and maswar (lentils) under the Price Support Scheme (PSS) of 2023-24, which could signal farmers to expand the area and increase production. “In order to boost local production, the government is removing the cap on the purchase of tur, roses and musawwar under PSS for 2023-24 and farmers can sell any quantity of their produce this year,” Ministry of Consumer Affairs he said in a statement. She added that the decision is expected to lead to an increase in the area of sowing Al-Tur and Al-Ward during the current fall and Al-Maswar in the spring season.
concerned government
Sources said the Ministry of Agriculture, which administers the PSS scheme, has passed the proposal to the Committee of Trustees headed by the Cabinet Secretary. The sources said that the government is very concerned about the production of pulses because any decrease could lead to price inflation.
Under PSS, the government purchases a maximum of 25 percent of the output of pulses and oilseeds from farmers at minimum support prices (MSPs) when Mandi rates fall below these benchmark prices. However, if states request, the cap is raised to 40 percent.
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center last week Stock limits imposed until October 31 for Tor Dal and Urad Dalwith wholesalers, retailers, large chain retailers, millers and importers specifying not to keep these pulses more than the specified limit.
The stock limits applicable to each individual pulse will be 200 tons for wholesalers, 5 tons for retailers, 5 tons in each retail outlet and 200 tons in the warehouse for large chain retail stores. In the case of mills, the limit will be the last three months of production or 25 percent of the annual installed capacity, whichever is higher, for the mills. Importers are required not to hold imported stock for more than 30 days from the date of customs clearance.
The Ministry of Consumer Affairs said, “In order to prevent hoarding and unscrupulous speculation and also to improve affordability for consumers in relation to Toor Dal and Urad Dal, the Indian government has issued the order.”
In a follow-up action to the stock limits imposed on tur and urad, the Department of Consumer Affairs has directed state governments to ensure strict enforcement of the limits. As part of enforcement, states were also required to monitor prices and stock status by checking with various warehouse operators. In parallel, the Ministry has also asked the Central Warehousing Corporation (CWC) and State Warehousing Companies (SWCs) to provide details regarding tur and urad held in their warehouses.