Odisha traders demand review of 2010 stock holding order

Image
Press Trust of India Bhubaneswar
Last Updated : Oct 26 2015 | 7:02 PM IST
With the state government expediting raids to check hoarding of pulses, traders today demanded review of Odisha Specified Foodstuffs (Stock Holding) Limit) Order, 2010 keeping in view on the market demand.
"As the order was made five years ago, it needs to be revised. The traders need to be allowed to stock more quantity of foodstuffs," said Mahasangha president Sudhakar Panda.
The demand was made by Odisha Byabasai Mahasangha, which held a discussion with the food supplies and consumer welfare minister Sanjay Dasburma here.
According to Odisha Specified Foodstuffs (Stock Holding Limit) Order, 2010, a stockist can at best hold 750 quintal of pulses at one time. During the ongoing raids, however, it was found that some of the traders were holding more pulses than the specified limit against the order, officials said.
The Minister, however, said the state government would examine and consider the demands made by the traders, which include withdrawal of VAT on pulses in order to stabilise the market, withdrawal of ban on use of 'Khesari' dal in the state and immediate release of pulses seized during raids.
"We are examining the demands of the traders. A decision in regard to review of the stock holding limit will be taken within 15 days," Dasburma said.
The minister said the traders were told to hang the list of stocks and prices of pulses being sold in retial shops. "This is mandatory from October 28," Dasburma said adding that pulses were allegedly sold at higher price in some places than the acutal market rate.
During the raid yesterday the department seized 170 bags of pulses from a retired teacher's house at Dumduma in the capital city. The supply department officials also raided a godown at Chandanpur area in Puri and seized 176 quintals of pulses.
With this, the seized amount of illegally-stocked pulses rose to 178 tonnes in the state so far. Simultaneous raids were also conducted at Balasore, Bhubaneswar, Puri and Sambalpur, the officials said.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 26 2015 | 7:02 PM IST

Next Story