Tuesday, November 5, 2024
 
 
   
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
   
   

You can get e-magazine links on WhatsApp. Click here

POLICY & REGULATIONS

Centre issues advisory for mandatory stock disclosure of Masur with immediate effect
Saturday, 09 September, 2023, 08 : 00 AM [IST]
Our Bureau, New Delhi
The Department of Consumer Affairs, Government of India, has issued an advisory for mandatory stock disclosure of Masur (lentil) with immediate effect. All the stakeholders should mandatorily disclose their Masur stock on the stock disclosure portal (https://fcainfoweb.nic.in/psp) managed by the department on every Friday. Any undisclosed stock if found, will be considered as hoarding and suitable action under EC Act would be initiated.

Rohit Kumar Singh, Secretary, Department of Consumer Affairs, during the weekly price review meeting has instructed the department to broad-based the lentil buffer procurement. The objective is to procure available stocks at prices around the MSP. This came at a time when NAFED and NCCF had to suspend their tenders to purchase imported lentils due to exorbitantly high bids received from few suppliers amid hints of cartelisation.

Secretary, Consumer Affairs, stated that at the time when lentil import flow increases from Canada and Tur imports from African countries, few players are trying to manipulate the market against the interest of the consumers and the nation. Government is watching the developments very closely and would initiate stringent measures to get the stock released into the market so that availability of all pulses at reasonable prices in the festival season is ensured.

He added that judiciously balancing the interest of the farmers vis-à-vis the consumers is paramount and that the department will not hesitate to initiate stern action against those trying to hurt the interest of Indian consumers and farmers in an unscrupulous manner.
 
Print Article Back
Post Your commentsPost Your Comment
* Name :    
* Email :    
  Website :  
Comments :  
   
   
Captcha :
 

 
 
 
 
 
 
 
 
Food and Beverage News ePaper
 
 
Interview
“Several key factors contributed to Rs 160 cr turnover”
Past News...
 
FORTHCOMING EVENTS
 

FNB NEWS SPECIALS
 
Overview
Packaged wheat flour market growth 19% CAGR; may reach Rs 7500 cr: Ikon
Past News...
 
 
Subscribe Now
 
 
Recipe for Success
Authenticity & simplicity - Cornerstones of her thinking
Past News...



Home | About Us | Contact Us | Feedback | Disclaimer
Copyright © Food And Beverage News. All rights reserved.
Designed & Maintained by Saffron Media Pvt Ltd