News

Department of Consumer Affairs and Retailers Association of India Discuss Pulses Prices and Stock Limits

New Delhi: The Department of Consumer Affairs held a crucial meeting today with the Retailers Association of India (RAI) to address the price situation of pulses and to ensure compliance with the stock limits prescribed for Tur and Chana under the recent amendments to the Removal of Licensing Requirements, Stock Limits and Movement Restrictions on Specified Foodstuffs Order, 2024. The meeting, chaired by Nidhi Khare, Secretary of the Department of Consumer Affairs, aimed to align retail practices with government efforts to keep essential food prices affordable.

RAI, which represents over 2,300 members and operates more than 600,000 outlets nationwide, played a significant role in this discussion.

Secretary Khare highlighted a concerning trend: while prices of Chana, Tur, and Urad in major mandis have decreased by up to 4% over the past month, retail prices have not reflected a similar decline. This discrepancy suggests that retailers might be maintaining higher profit margins, despite lower wholesale costs.

Furthermore, Khare noted the robust sowing progress for Kharif pulses. The government has been proactive in boosting production of Tur and Urad, particularly in major Kharif pulse-producing states. Initiatives include distributing high-quality seeds to farmers through NAFED and NCCF, with the Department of Agriculture continuously engaging with state agriculture departments to provide necessary support.

Considering the favorable Kharif outlook and current price scenario, Secretary Khare urged the retail industry to support government efforts in keeping dal prices affordable for consumers. She emphasized that the stock positions of all stockholding entities, including large retail chains, are being closely monitored to ensure adherence to prescribed limits. Any breach of stock limits, speculative behavior, or profiteering will be met with stringent actions from the government.

Bureau The News Hashtag

Recent Posts

Odisha Opens Five Hirakud Gates, Begins Controlled Water Release from Reservoirs Ahead of Possible Cyclone

Bhubaneswar: The Odisha Government has initiated advance reservoir management measures across the State ahead of…

3 hours ago

Odisha Steps Up Urban Relief and Restoration After Cyclone Arnab; Extra Engineers Deployed in Brahmapur

Bhubaneswar: The Odisha Housing and Urban Development Department has intensified relief and restoration operations in…

4 hours ago

Telecom Services Restored in 99% of Ganjam Blocks After Cyclone Arnab

Bhubaneswar: Telecom connectivity has been restored in 99 per cent of blocks in Ganjam district…

4 hours ago

Severe Cyclonic Storm Murasu to Hit South Andhra Coast Between Monday Night and Tuesday Morning

Bhubaneswar: With Cyclonic Storm ‘Murasu’ gaining strength over the Bay of Bengal, the IMD has…

4 hours ago

Rabi Narayan Naik Reviews Cyclone Arnab Restoration, Stresses Drinking Water Supply and Road Connectivity

Bhubaneswar: Rural Development, Panchayati Raj and Drinking Water Minister Rabi Narayan Naik has directed officials…

4 hours ago

Water Resources Principal Secretary Reviews Drainage Systems in Ganjam After Cyclone Arnab

Bhubaneswar: Principal Secretary of the Water Resources Department Shubha Sarma continued her field-level assessment of…

4 hours ago