Ceiling for Procurement of Tur, Urad and Masur under Price Support
Scheme (PSS) for 2023-24 Removed to Boost Domestic Price
·
Farmers Free to Sell any Amount of their Produce of Tur, Urad and Masur
under PSS this year
·
The Decision Expected to Increase the Sowing Area of these Pulses During
the upcoming Kharif and Rabi season
·
Department of Consumer Affairs also directs State governments to ensure
strict enforcement of stock limits on Tur and Urad; and monitor their prices
In a
significant step towards enhancing domestic production of pulses, the
government has removed the procurement ceilings of 40% for tur, urad and masur
under Price Support Scheme (PSS) operations for 2023-24. The decision, in
effect, assures the procurement of these pulses from farmers at MSP without
ceilings. 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.
It may be
recalled that the government had, 2nd June, 2023 imposed stock
limits on tur and urad by invoking the Essential Commodities Act, 1955 in order
to prevent hoarding and unscrupulous speculation and also to improve
affordability to the consumers. The stock limits have been made applicable to
wholesalers, retailers, big chain retailers, millers and importers. It has also
been made mandatory for these entities to declare the stock position on the
portal (https://fcainfoweb.nic.in/psp) of Department of Consumer
Affairs.
In a follow up
action to the stock limits imposed on tur and urad, the Department of Consumer
Affairs has directed the state governments to ensure strict enforcement of the
limits in their respective states. As part of enforcement, the states have also
been asked to monitor prices and stocks position by verifying with various
warehouse operators. Parallelly, the Department has also asked Central
Warehousing Corporation (CWC) and State Warehousing Corporations (SWCs) to
provide the details pertaining to tur and urad held in their warehouses.