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Stock up pulses from centre buffer system

Central govt enforcement agencies have been asked to be alert to curb any unfair trade practice in pulses

Policy Pulse
Publish Date: Apr 4 2016 2:42PM | Updated Date: Apr 4 2016 2:42PM

Stock up pulses from centre buffer system

 Centre has asked state governments to stock up pulses, especially tur and urad, from the central buffer system to avert price spikes in the coming months. 

 
Retail prices of pulses are still ruling high at Rs 160-170 per kg in most places even as the rates have cooled down from the peak of Rs 210 per kg last year, following a slew of measures including crackdown on hoarders. 
 
The Centre has created a buffer stock of 50,000 tonnes of tur and urad procured in the 2015 kharif season and is also in the process of buying rabi pulses. 
 
"In the review meeting last week, state governments were told to be proactive and place their demand for pulses from central buffer stock at the earliest, and not to wait for price rise," a senior Consumer Affairs Ministry official said. 
The states have been asked to be prepared to ensure adequate quantity of pulses is made available during lean and festival season, the official said. 
 
The state have also been told to make necessary arrangement for milling and storage of pulses in their states. Pulses would be allotted to states on first-come-first-serve-basis. 
 
Beside states, central government enforcement agencies have been asked to be alert to curb any unfair trade practice in pulses, the official added. 
 
India is the world's largest producer of pulses, but its domestic demand outstrips production. The shortfall is met from import.