To keep prices under control, the government will supply the tuber from buffer stocks

Mumbai: The government has decided to gradually supply the market from the buffer stocks till the imported stocks of Tuvar reach the domestic market. The decision is believed to have come as imports eased.

The National Agricultural Cooperative Marketing Federation (NAFED) and the National Cooperative Consumers Federation have been directed by the government to provide supply of rice to eligible mills through online auction. So that Tuvar dal remains available to the customers.

Higher prices of pulses increase overall food inflation. The government also wants to ensure that food inflation does not increase.

The quantity to be auctioned and its duration will be based on market conditions and decisions will be taken accordingly, said a statement issued on behalf of the government.

It is to be mentioned here that the government has implemented stock limit on tuvar and urad dal from June 2 as part of preventing hoarding of pulses and artificial increase in prices in the country. Earlier it was stated in the government list that this limit will be applicable till 31st October 2023.

Stock limits have been announced for all stakeholders in the supply chain of turvar and add dal including wholesalers, retailers, millers and retail chain stores in the country. This order has been implemented in all the states and union territories of the country.

In the last one year, the price of Tuvar has increased by an average of 20 to 22 percent while that of urad dal has increased by 5 to 60 percent, market circles said.