Over 11,000 stockholders declare pulses stock on Centre's portal

Over 11 thousand stockholders have declared pulses stock on Centre's portal. In all, 11,635 stockholders have registered declaring over 30,97,694 Metric Tonnes of stock of pulses on the official portal of Department of Consumer Affairs as on 20th of September.
The Department of Consumer Affairs under Ministry of Consumer Affairs, Food and Public Distribution is monitoring the retail and wholesale prices of 22 essential food commodities.

This is being achieved through various effective policy measures by the department such as curbing of black marketing, increasing the availability by restricting export and encouraging imports, building buffer stocks and ensuring timely release to ease abnormal price escalations.

The department put in place a portal to encourage various stockholders like stockists, millers, importers and dealers to enter the stocks they are holding on any given date.

The portal will enable the government to understand which are the states that produce and stock for milling purposes. It will also help to keep a check on undesirable practices of hoarding and artificial scarcity creation through stock declaration and real-time verification.

Most Read
View All arrow-right

No posts found.