Maharashtra scraps stock-holding limit on all pulses except chana.

Maharashtra government has scrapped the stock-holding limits on all pulses except chana with immediate effect. Withdrawal of stock limits on pulses is aimed at boosting procurement by traders and stockists, which would support prices of some of the pulses, particularly tur. Currently, tur is being sold below the MSP price of 5,050 rupees per 100 kg, including a bonus of 425 rupees. The state has announced a threefold increase in stock limits on pulses in March to support prices of pulses, but this had failed to boost prices. Traders expect prices of pulses to rise once all major states remove the stock limits on them.