To boost the domestic production of three pulses, the central government has removed the 40% procurement limit for three pulses – tur, urad, and masur, under the price support scheme (PSS) for the 2023-24 crop year.
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In order to boost domestic production of three pulses tur, urad, and masur, the central government has eliminated the 40% procurement limit, under the price support scheme (PSS) for the crop year 2023-24 (July-June). The Ministry of Food and Consumer Affairs stated that farmers now have the freedom to sell any amount of tur, urad, and masur they produce under the PSS for this year.
“The assured procurement of these pulses by the government at remunerative prices will help motivate the farmers to enhance sowing area in respect of tur, urad and masur in the upcoming Kharif and Rabi sowing seasons in order to enhance the production,” the ministry said in a statement.
The ministry has issued a directive to state governments to ensure strict adherence to stock limits on tur and urad, as well as closely monitor their prices.
On June 2, in order to prevent hoarding and price escalation, the ministry imposed stock limits on tur and urad, applicable to wholesalers, retailers, large retail chains, millers, and importers. These entities are now required to declare their stock levels on the Department of Consumer Affairs’ portal.
The ministry has further instructed state governments to diligently enforce these limits within their respective regions. To ensure compliance, states have been asked to monitor prices and stock levels by verifying information provided by various warehouse operators.
Additionally, the Central Warehousing Corporation (CWC) and State Warehousing Corporations (SWCs) have been directed to furnish details regarding their stocks of tur and urad held in their warehouses.
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