Private retail chains required to declare stock of pulses

18-Jun-2024 11:54 AM

New Delhi. The central government is implementing various policy measures with the aim of controlling the rapidly increasing prices in the domestic market. In this sequence,

the government wants that the big retail companies of the private sector and online grocery firms should declare the details of the stock of pulses present in them twice every week. Companies like D-Lart, Reliance Retail, Big Basket, Amazon and Flipkart are included.

It is worth mentioning that the government had recently directed the retailers, wholesalers, big retail chains, importers, processors and stockists to declare the details of the stock of pulses.

Now efforts are being made to implement this instruction more strictly. The government, which is expecting a good stock of pulses within the country,

feels that hoarding is taking place at some level. Some importers are also delaying the ordering of pulses from abroad so that they can get good income when the prices are high in the domestic market.

The peak season of the arrival of Rabi pulses, especially gram and lentils, is not over yet and a large quantity of yellow gram and lentils have been imported from abroad, but still there is no effect on the price of gram and its price remains at a high level.

As a result, the central agencies did not get the opportunity to buy the required quantity of gram this time. The price of tur and urad is also very high and fast, which has increased the concern of the government. It is being imported regularly from Myanmar.

There is limited exportable stock of tur left in African countries and from August its new crop will be ready and will start coming to the market. In African countries like Mozambique and Malawi, this time due to heavy rains and floods, the sowing of tur was delayed, so the crop is also likely to be delayed.