Center gave instructions to increase surveillance against hoarding of pulses

New Delhi: The Center on Wednesday directed all states and Union Territories to enforce weekly stock disclosure of pulses by all stockholding entities and verify the stocks declared by them to prevent hoarding and market manipulation, leading to rise in prices. it occurs.
The stock of pulses in warehouses located at major ports and industry hubs should be verified from time to time and strict action should be taken against stockholding entities providing false information on the stock disclosure portal, the order issued by the consumer affairs department said in the state.

Nidhi Khare, Secretary, Department of Consumer Affairs, held a meeting with officials of state governments in pursuance of the direction issued to all states and union territories on April 5 to enforce stock disclosure of pulses by stockholding entities.

States and Union Territories were asked to increase monitoring of stock position and price trends of pulses to prevent hoarding and market manipulation.

Khare also held a meeting with pulse importer associations and other pulses industry representatives to discuss issues related to imports and stock disclosure. The participants shared their views and inputs on the pulses industry in general and imports in particular.

Importers and industry players have been asked to declare their stocks of pulses, including imported yellow peas, on a weekly basis. According to the official statement, in this regard, the Department of Consumer Affairs has revamped the stock disclosure portal to include Yellow Pea and Big Chain Retailer as an entity to be operational from April 15, 2024. Will go.

Apart from the five major pulses – tur, urad, gram, masoor and moong, states and union territories have been asked to monitor the stock position in respect of imported yellow peas. To increase the overall availability of pulses, import of yellow peas has been allowed from December 8, 2023 to June 30, 2024.

Khare stressed the need to ensure that imported yellow peas continue to be available in the market. Similarly, stocks of tur, urad and masoor with importers are to be monitored for smooth and continuous release in the market.