Government has removed pulses from the list of commodities that have stockholding limits under the Essential Commodities Act. The notice also said the requirement of licensing and the restriction on movement of the commodity would also be done away with. Government has allowed states to ease or scrap stock limits on pulses to ensure higher private procurement. The move aims to check the fall in prices of pulses, particularly tur, which are around 20% below MSP, inclusive of a bonus, amid record production of the commodity. Prices of moong also continue to trade below the MSP, while prices of urad are around that level. Removal of the stockholding limit on pulses would facilitate bulk purchases by trading houses and corporate consumers, supporting prices.