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Govt to import extra 90,000 tonnes pulses

Centre plans to create two million tonnes of buffer stocks, through domestic procurement and imports

Policy Pulse
Publish Date: Aug 27 2016 3:28PM | Updated Date: Aug 27 2016 3:28PM

Govt to import extra 90,000 tonnes pulses

The government today decided to import another batch of 90,000 tonnes of pulses. Government would import pulses with the aim to boost the domestic supply and to control the prices in the market.

 

At present, prices of different dals are in a range of Rs 115-175 per kg due to shortfall in domestic output following two consecutive years of drought. 

 

"The Government further ordered to import of 90,000 MT pulses, consisting of 40,000 tonnes of masoor, 20,000 tonnes of tur, 20,000 desi chana and 10,000 tonnes of urad for the buffer stock," Economic Times reported an official statement said. 

 

With this order, the total import of pulses for buffer stock now stands at 1.76 lakh tonnes. The domestic procurement of pulses has also reached to 1.20 lakh tonnes. 

 

This decision was taken in a meeting of Price Stabilisation Fund chaired by Consumer Affairs Secretary Hem Pande. The meeting reviewed the procurement and distribution of pulses from buffer stock. 

 

The Centre plans to create two million tonnes of buffer stocks, through domestic procurement and imports, for making intervention in the market to control prices. Government has asked them to sell in retail at prices not exceeding Rs 120 per kg. 

 

So far about 40,000 tonnes have been allocated to the states from the stock for distribution. These pulses are provided to the states -- tur at the rate of Rs 67/kg and urad at the rate of Rs 82/kg.