Govts decides to release Tur from national buffer in a targeted manner in the market
The government has decided to release Tur from the national buffer in a calibrated and targeted manner till imported stocks arrive in the Indian market. The move is aimed at augmenting the availability of Tur Dal to consumers at affordable prices.
The Consumer Affairs, Food and Public Distribution Ministry have directed National Agricultural Cooperative Marketing Federation and National Cooperative Consumers Federation to dispose of Tur through online auction among eligible millers to augment the available stocks for milling into Tur Dal for the consumers.
Earlier this month, the centre had imposed stock limits on Tur and Urad to prevent hoarding and unscrupulous speculation and also to improve affordability to the consumers.
Under this order, stock limits have been prescribed for Tur and Urad until October this year for all states and UTs. The implementation of stock limit order and status of stock disclosure on the portal are continuously monitored by the Department of Consumers Affairs and the State Governments.
The states are also continuously monitoring the prices and are verifying the stock positions of stock-holding entities to take strict action on those who violated the stock limits order.