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Govt makes weekly disclosure of masur stock mandatory to check hoarding

Any undisclosed stock, if found, "will be considered as hoarding" and action under the Essential Commodities Act would be initiated, the consumer affairs ministry said.

September 06, 2023 / 17:51 IST
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Lentils at a grocery store in Mumbai (Reuters file image)

The Centre on September 6 issued an advisory, asking all the stakeholders to mandatorily disclose their masur or lentil stock on weekly basis, in a bid to check hoarding. The directive is to be followed with immediate effect, an official release noted.

"All the stakeholders should mandatorily disclose their Masur stock on stock disclosure portal (fcainfoweb.nic.in/psp) managed by the department on every Friday," it stated, further adding that any undisclosed stock, if found, "will be considered as hoarding" and action under the Essential Commodities Act would be initiated.

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The advisory has been issued by the Department of Consumer Affairs.

Consumer Affairs Secretary Rohit Kumar Singh, during the weekly price review meeting, instructed the department to "broad-based the lentil buffer procurement", the release issued by the consumer affairs ministry noted.