Merchants Urge Government to Scrap Weekly Pulses Stock Reporting Requirement

14-Jul-2025 04:19 PM

New Delhi: Amid falling prices and mounting losses in the pulses market, Gaurav Gupta, Vice President of the Delhi Grain Merchants Association (DGMA), has urged the central government to immediately scrap the mandatory weekly stock disclosure requirement for pulses.

According to Gupta, the rule was introduced when market prices of pulses were significantly higher than the Minimum Support Price (MSP). At that time, the government’s aim was to curb hoarding and protect consumer interests. However, the market scenario has drastically changed.

Currently, key pulses such as tur (pigeon pea), urad (black gram), moong (green gram), masoor (lentil), and chana (gram) are all trading below the MSP. There is no indication of hoarding or stockpiling in the market, and yet traders and millers are burdened with the obligation to upload their stock data to the government portal every week.

Gupta emphasized that when farmers are unable to recover their production costs and traders are incurring losses, such regulatory requirements serve no purpose. He called on the government to revise its policy in line with current market conditions and withdraw this now-redundant rule.

Gaurav Gupta clearly stated: "What the industry needs now is not surveillance, but support and relief."