The stock limit imposed on gram did not have any significant impact on its price

New Delhi: To control the rising prices of gram, the central government had imposed a stock limit on gram last month. But this limit has not had much effect on the prices of gram. After the limit was imposed, the prices fell for two-three days and now the prices have started increasing again. According to experts, the prices of gram may increase further.

The central government had announced the imposition of stock limit on gram on June 21 and on that day the price of gram in Delhi was Rs 7,150 per quintal. After the imposition of this limit, the business of gram remained sluggish for 3 days and fell to Rs 6,975 per quintal on June 25. But after this the price of gram stopped falling and started increasing. Today the price of gram in Delhi was recorded at Rs 7,050 per quintal. After this reduction, the price of gram has increased by about Rs 75 per quintal.

Commodity analysts say that the prices of gram had fallen even before the stock limit was implemented and after the limit, it has fallen further. But now its price is improving due to the reduced supply of gram.

According to India Pulses and Grains Association (IPGA), gram prices have increased due to increased demand from mills at lower prices as prices have now come down following stock limits.