Shocked Pulses Trade Body Urges Government To Lift Stock Limit Order
Shocked and surprised by the Centre’s decision to impose stock limits on pulses, the Indian Pulses and Grains Trade Association (IPGA), the body’s trade umbrella body urged the government to immediately withdraw the order.
On Friday night, the government imposed stock limits of pulses on wholesalers, retailers, millers and importers until October 31.
Reacting to the government’s decision, Bimal Kothari, vice president of IPGA said: Tur, Urad and Moong. But this order to impose stock limits on pulses took the pulse industry by surprise. This is a fairly regressive step on the part of the government and it will have a severe impact not only on wholesalers, retailers and importers, but also on farmers and consumers.
Additionally, Kothari said farmers will be negatively affected as it will be the peak season for them with festivals around the corner and time to sow for the kharif crops. “The prices will collapse. Chana is already selling below the MSP. Tur and Urad sell at MSP. On the one hand, the Center wants farmers to get MSP and double their income, but this type of policy will hurt everyone and certainly not benefit anyone, ”Kothari said in a statement.
“India needs 25 million tonnes of pulses every year. This year, we expect a shortage. Normally an importer imports 3,000 to 5,000 tonnes of a variety, but placing a limit of only 100 tonnes per variety will lead to control of supplies. Such restrictions will cause more harm than good to farmers and consumers. These limits will limit supplies as importers will not be able to import large quantities together, ”Kothari added.
As festival season approaches starting next month, supply may become a major constraint due to this restrictive order. “The IPGA, on behalf of the industry, is totally shocked. We will certainly make representation to the government and fix the problem. We urge the government to immediately withdraw the order, ”he said.