Government removes ceiling for procurement of Tur, Urad and Masur under Price Support Scheme (PSS) for 2023-24

0
287
Millets image from Wikipedia
Millets image from Wikipedia
0 0
Azadi Ka Amrit Mahoutsav

InterServer Web Hosting and VPS
Read Time:1 Minute, 44 Second

In order to boost domestic production, Government removes ceiling for procurement of Tur, Urad and Masur under Price Support Scheme (PSS) for 2023-24; Farmers free to sell any amount of their produce of Tur, Urad and Masur under PSS this year


The decision expected to increase the sowing area of these pulses during the upcoming Kharif and Rabi season

Department of Consumer Affairs also directs State governments to ensure strict enforcement of stock limits on Tur and Urad; and monitor their pricesPosted Date:- Jun 06, 2023

In a significant step towards enhancing domestic production of pulses, the government has removed the procurement ceilings of 40% for tur, urad and masur under Price Support Scheme (PSS) operations for 2023-24. The decision, in effect, assures the procurement of these pulses from farmers at MSP without ceilings. The assured procurement of these pulses by the government at remunerative prices will help motivate the farmers to enhance sowing area in respect of tur, urad and masur in the upcoming Kharif and Rabi sowing seasons in order to enhance the production.

It may be recalled that the government had, 2nd June, 2023 imposed stock limits on tur and urad by invoking the Essential Commodities Act, 1955 in order to prevent hoarding and unscrupulous speculation and also to improve affordability to the consumers. The stock limits have been made applicable to wholesalers, retailers, big chain retailers, millers and importers. It has also been made mandatory for these entities to declare the stock position on the portal (https://fcainfoweb.nic.in/psp) of Department of Consumer Affairs.

In a follow up action to the stock limits imposed on tur and urad, the Department of Consumer Affairs has directed the state governments to ensure strict enforcement of the limits in their respective states. As part of enforcement, the states have also been asked to monitor prices and stocks position by verifying with various warehouse operators. Parallelly, the Department has also asked Central Warehousing Corporation (CWC) and State Warehousing Corporations (SWCs) to provide the details pertaining to tur and urad held in their warehouses.

About Post Author

Editor Desk

Antara Tripathy M.Sc., B.Ed. by qualification and bring 15 years of media reporting experience.. Coverred many illustarted events like, G20, ICC,MCCI,British High Commission, Bangladesh etc. She took over from the founder Editor of IBG NEWS Suman Munshi (15/Mar/2012- 09/Aug/2018 and October 2020 to 13 June 2023).
Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %
Advertisements

USD





LEAVE A REPLY

Please enter your comment!
Please enter your name here