Rising price of Toor dal: Centre steps up efforts to monitor stock disclosures of pulses, directs importers to declare stockpile

Toor dal prices: In order to curb the rising prices of Toor dal and other essential dal or lentils, the committee formed to monitor dal prices held a meeting on Wednesday, March 29 to discuss the stock of Toor dal held by various entities such as importers, millers, stockists, traders, and others. The move comes amid the rising prices of Toor dal in the country. 

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The meeting was held with importers, International General Produce Association (IGPA),  All India Dal Millers Association, and others. 

According to Zee Business report, the committee has asked the entities to register themselves on the stock declaration portal and disclose the information about the stock of lentils. 

The committee has also asked the entities to verify the details of the stock and is strictly monitoring the import of dal.  

The Committee, under the Chairmanship of Additional Secretary Nidhi Khare also held a meeting with all the States/Union Territories on Wednesday wherein they were requested to explore all the sources to increase the number of registered entities in Stock Declaration Portal including FSSAI licensees, APMC registered traders, GST Registered traders of pulses etc.  

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To cross validate the stocks declared, states were also requested to get information from warehouse service providers, both public and private.  And the need to monitor stocks of imported pulses at custom bonded warehouses was also emphasized, to ensure their timely release from ports.

Why is the government monitoring Toor dal prices?

“India imports approximately 60 per cent of lentils and as Toor dal is an essential commodity used daily by people, the centre is focusing on its rising prices,” the report stated.

The report also said that the committee formed to monitor dal prices is not just focusing on Toor dal but all lentils which are getting costlier, in order to curb hoarding. 

The committee has also asked the entities to stay away from hoarding practices. 

The centre will soon discuss the matter in detail with stakeholders related to the value chain of lentils in a meeting. 

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