Center sets up committee to monitor tur stock

Tags: committee National News

The Department of Consumer Affairs on 27 March constituted a committee to monitor the stock of Tur (Arhar) held by importers, millers, traders, and other such entities. 

An overview of the news

• This committee has been constituted under the chairmanship of Nidhi Khare, Additional Secretary in the Ministry of Consumer Affairs, Food and Public Distribution.

• A committee will monitor the stock of Arhar in coordination with state governments.

• The decision was taken following reports that traders were not selling the pigeon pea stock in the market despite a good quantity of imports.

• The Government is also closely monitoring the stock position in the domestic market to take necessary measures in case of an unexpected increase in the prices of pulses in the coming months.

• The Government had issued an advisory to the States/UTs on August 12, 2022, to implement stock disclosure in respect of Toor under the Essential Commodities Act, 1955.

Hike of Toor prices 

• According to the ministry’s data, the all-India daily average retail price of Tur was recorded at Rs 114.44 per kg on 27 March, 2023, which was 11.47 per cent higher than a year ago. 

• The all-India daily average wholesale price of Tur was recorded at Rs 10,462.03 per quintal, which was 12.48 per cent higher than a year ago.