Ministry of Consumer Affairs relaxes stock limit for pulses.

The Ministry of Consumer Affairs, Food and Public Distribution on 19th July 2021 has Published the Removal of Licensing Requirements, Stock Limits and Movement Restrictions on Specified Foodstuffs (Second Amendment) Order, 2021 whereby exempting importers of pulses from inventory limits and has also relaxed the norms for millers and wholesalers.

For wholesalers, the inventory restrict will probably be 500 tonnes, offered that it shouldn’t be greater than 200 tonnes of 1 selection. For millers, the restrictions would be for six months’ manufacturing or 50 percent of annual put in capability, whichever is increased.

The revised order provides that stock shall be applicable only on tur, masoor, urad, and chana, for a period up to 31st October, 2021. It has been decided that Importers of pulses will be exempted from stock limits.

Further, the Respective legal entities shall continue to declare their stocks on the portal (fcainfoweb.nic.in) of Department of Consumer Affairs and in case the stocks held by them are higher than the prescribed limits, then they shall bring it to the prescribed stock limits within 30 days of issue of this notification.

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