Pulses Stock Holding Limit

European shares slipped, Asia shares fell following an overnight selloff on Wall Street, and U.S. stock futures pointed to a weaker open later in the day.

On the other hand, UP has not only distributed its full April quota of 35,000 tonnes of free pulses, but is also preparing to give the May and June quota at one go

Food Minister Ramvilas Paswan today said that the Centre has directed all state governments to lift all sort of stock holding limits on pulses because of adequate supplies and drop in prices."The stock holding limits on all pulses has been lifted with immediate effect as there is no shortage of pulses in the country and prices have also fallen," Paswan said in a series of tweets. He said the move will help pulses producers.The Central government had in September last year extended the stock holding limits on all pulses for one-year as prices showed little falling. The stock limit on pulses were in place on and off prior to 2015. But states were empowered to implement it strictly towards the end of 2015 when dal prices soared to Rs 200/kg to check hoarding and contain price rise.However, with pulses production in 2016-17 reaching an all-time high of over 22 million pulses, prices of most pulses particularly tur, moong and masur have dropped below their minimum support price, forcing ..