Friday, Mar 29 2024 | Time 07:10 Hrs(IST)
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Business Economy


Centre constitutes committee to monitor stock disclosure of Tur

New Delhi, Mar 27 (UNI) The Department of Consumer Affairs on Monday announced constitution of a committee to monitor the stock of Tur held by various entities such as importers, millers, stockists, traders and others.
The committee to be headed by Additional Secretary Nidhi Khare will work in close coordination with the state governments, an official statement said on Monday.

The decision has come against the backdrop of reports of market players not releasing stocks despite regular arrival of imports in good quantities.

Further, in order to facilitate smooth and seamless import, the government has removed the 10 per cent duty applicable for Tur imports from non-LDC countries as the duty creates procedural hurdles even for zero duty imports from the LDCs, the statement added.

"The government is also closely watching the stock position of other pulses in the domestic market to take necessary preemptive measures in the event of unwarranted price rise in the coming months," the statement said.

The government had issued an advisory to the states and union territories in August last year to enforce stock disclosure in respect of Tur under the Essential Commodities Act, 1955.
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