Business Daily from THE HINDU group of publications
Saturday, Sep 16, 2006
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Business Daily from THE HINDU group of publications Saturday, Sep 16, 2006 ePaper |
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Government
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Agricultural Policy Agri-Biz & Commodities - Pulses States - Andhra Pradesh AP to impose stock limit on pulses Our Bureau
Hyderabad , Sept. 15 The Andhra Pradesh Government has decided to impose curbs on stock piling of pulses and wheat. The notification in this regard, which is being vetted by the law department, will be announced in a day or two. Mr N. Raghuveera Reddy, Minister for Civil Supplies and Agriculture, told Business Line that prices of pulses had gone up by over 50 per cent in the last one year, forcing the State to put curbs on the pile-up of pulses and wheat.
CENTRAL CURBS
The decision follows the Central order putting curbs on the stocks of pulses and wheat and giving States discretion in imposing curbs to suit local needs. The State will invoke the AP Scheduled Commodities Dealers (Licence and Distribution) Act (1982) to impose the curbs, the Minister said.
For six months
The notification would bar wholesale dealers from keeping stocks beyond 2,000 quintals. The upper limit for retailers would be 50 quintals. The notification would apply for six months from the date of notification. The Government will take a decision on scrapping or extending the notification after reviewing the situation after six months.
FIAT TO DEALERS
"Once the notification is issued, dealers are not supposed to keep stocks beyond the prescribed limits. Offenders will be prosecuted and such stocks confiscated," the Minister said. The Minister said the Chief Minister had directed the Ministry to come out with the curbs at a review meeting held here on Thursday. The notification, however, would not prevent movement of pulses outside the State.
More Stories on : Agricultural Policy | Pulses | Wheat | Andhra Pradesh
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