MP pulse traders meet minister, request more time and stock limit | indore | Hindustan Times
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MP pulse traders meet minister, request more time and stock limit

indore Updated: Oct 20, 2015 21:48 IST
HT Correspondent
HT Correspondent
Hindustan Times
pulse traders

Pulse traders with minister Vijay Shah in Indore on Tuesday. (Arun Mondhe/HT photo)

Hundreds of millers, wholesale sellers and retailers of pulses on Tuesday met with Vijay Shah, minister, food, civil supplies and consumer protection, to appeal for increasing the stock limit set by the MP government.

In view of the skyrocketing prices of pulses, the state government had on Saturday imposed a stock limit on pulse traders in the state. The local administration too has been taking strict action against those accused of hoarding the crop.

However, during the hour-long meeting at Residency, the traders, under the banner of Madhya Pradesh Dal Mill Sangh, met Shah and requested to be allowed to stock greater quantity of pulses as the limit which was set by government was not feasible to run manufacturing businesses.

The association members also requested the government to permit them to stock pulses for a longer period of time before releasing them in the market.

As per the orders under the Madhya Pradesh essential commodities trade stock limit and restriction of hoarding order 2015, wholesalers can now only stock up to 2,000 quintal of pulses -- including tuar, moong, urad and masoor dal -- in cities with a population of over 10 lakh.

For cities with a population of 3 to 10 lakh, the limit is 1,000 quintal and for the rest, it is 500 quintal. Traders have also been asked to submit a fortnightly report on stock and prices.

Speaking to HT, association chairman Suresh Agrawal said that the stock limit set by the government was not suitable for millers as big industries required 500 quintal of the raw tuar dal everyday and needed six days to extract the pulses from it.

“Keeping this in mind, we have requested the government to increase the stock limit up to 3,000 to 6,000 quintals,” he said.

‘Hoarding not the reason behind price rise’

Agrawal said that the association was ready to cooperate with the government and run their business within license limit, adding that hoarding was not the reason behind the price hike, but that crop loss due to unseasonal rainfall was.

After the meeting, Shah said, “We were forced to impose stock limit after we saw skyrocketing price rise of pulses during past few months. You can judge the effectiveness of this order on the fact that the price of pulses fell from Rs 200 to Rs 180 per kilogram within 48 hours of the imposition of orders.”

We’ll discuss the matter with CM: Shah

Speaking about the requests of the millers, Shah said, “We will discuss the matter with the chief minister and try to choose the best option which will help both pulse traders as well as the common man.”

Madhya Pradesh is the largest producer of pulses in the country, followed by Maharashtra, Rajasthan and Uttar Pradesh. There are 700 small and big pulses manufacturing units in different parts of the state, out of which 200 units operate solely in Indore which contributes to the highest share in the MP market.