No stock limits for importers of pulses

The government has exempted importers of pulses from stock limits. It has also relaxed the norms for millers and wholesalers in view of softening of prices of key pulses in the country. For wholesalers, the stock limit will be 500 tonnes, provided that it should not be more than 200 tonnes of one variety. For millers, the limit will be the six months’ production or 50 per cent of annual installed capacity, whichever is higher. For retailers, the stock limit remains the same at 5 tonnes. The stock limits will be applicable only on Tur, Urad, Gram and Masoor up to October 31.