Maharashtra gets extension of stock limit on pulses.

Maharashtra has notified extension of stock limit on pulses to Sep 30, two months less than the earlier proposal of Nov 30. The stock limit on wholesalers was increased to 1,050 tonne from 350 tonne and on retailers to 60 tonne from 20 tonne in some areas. The higher stock limit was further extended till May 31. The Centre had originally imposed a stock limit on pulses on Oct 19, 2015 to curb spiralling prices. Now, despite higher output, the govt has not scrapped the stock limit completely as a precautionary move. The state govt had also proposed to lift a ban on export of pulses, but the Centre has not replied yet.