IPGA welcomes govt's move on amended stock limits notification

Bimal Kothari, Vice Chairman, IPGA thanks the Department of Consumer Affairs for hosting a video conference for better co-ordination among multiple associations

India Pulses and Grains Association (IPGA) has welcomed the government's move on amended stock limits notification. 

 

Bimal Kothari, Vice Chairman, IPGA, reacting to the amended stock limits notification said, "IPGA has been following up with the Department of Consumer Affairs and had urged for a meeting of all stakeholders to present the issues faced by the trade as a result of the stock limits. We are grateful to Piyush Goyal, Ashwini Kumar Choubey and senior officials of the Department of Consumer Affairs for hosting a video conference recently wherein IPGA coordinated with multiple other associations to participate in the video conference." 

 

Kothari added, "We are happy that the continuous and sustained efforts of IPGA have borne fruit and thank the ministers for taking the prompt decision to support the trade by issuing this amendment withdrawing the stock limit on imported pulses and enhancing the limits for millers to six months or up to 50 per cent of their annual milling capacity, enhancing the stock limit for wholesalers has also been enhanced to 500 MT with 200 MT limit for a single variety. We also welcome the decision to restrict the stock limit to tur, urad, masoor and chana and exempting all the minor pulses like kabuli chana, lobia, peas, beans, etc. We are confident that this will smoothen the supply of pulses in the coming months and stabilise the prices of pulses during the forthcoming festive period."

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