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States asked to project pulse demand

During 2015-16, 55 lakh MT pulses have also been imported by private traders

Policy Pulse
Publish Date: Apr 19 2016 2:52PM | Updated Date: Apr 19 2016 3:11PM

States asked to project pulse demand

 With target that price enhancement does not disturb pulses market and the consumers, Centre has asked states to project their demands for pulses so that timely release can be ensured from buffer stocks, an official said.

A food ministry spokesman said in national capital that states and union territories have been also empowered to impose stock limits on pulses to ensure ability and check hoarding.
"They have been asked to strictly enforce the stock limits and take stringent action against hoarding," he said.
The government was keeping a close watch on the prices and availability of pulses, he said adding things are being monitored regularly at the "highest level". 
Central government agencies have procured 50,000 tonnes pulses and 25,000 tonnes have been contracted so far for import. 
During 2015-16, 55 lakh MT pulses have also been imported by private traders which are 10 lakh tonne more than the last fiscal year's import. 
In order to encourage pulses production, the central government has already increased minimum support price (MSP) for pulses, by Rs.275 per quintal for tur and urad, and by Rs.250 per quintal for moong. 
Faced with high prices of pulses, the Modi government in November last year had hiked the MSP to farmers for masoor and gram sharply by Rs.250 a quintal each to boost production in the Rabi season.
The sharp jump in pulses MSP will encourage enhanced cultivation of pulses and also help reduce dependence on imports, officials had said.
Apart from raising the MSP of pulses, the Cabinet Committee on Economic Affairs (CCEA) approved a bonus of Rs.75 per quintal for gram and masoor dals over and above the support price.