The government has allowed wholesalers of tur and urad dal to increase stocks of the pulses to 200 metric tonnes from 50 metric tonnes earlier, according to a notification from the department of consumer affairs.
"This relaxation will help the industry in increasing the supply of these pulses in the market," said Suresh Aggarwal, president of All-India Dal Mill Association. The industry had recommended this in its last meeting with officials, he said.
The government also doubled the time period for which importers can hold their stocks after clearance to 60 days.
While there has been no change in the holding capacity for small retailers, which is 5 metric tonnes, big chain retailers can hold up to 200 metric tonnes per depot, up from 50 metric tonnes.
The notification also said millers can stock up to 25% of the last three months' production or annual installed capital, whichever is higher. This was capped at 10% earlier.
Source Name : Economic Times