Govt approves domestic procurement of 10 lakh tonnes of pulses

The govt expects 20.75 mn tonnes of pulses output in the ongoing crop year.

The Dollar Business Bureau 

The Government has approved domestic procurement of 10 lakh tonnes of pulses for building the buffer stock.

The total procurement consists of 5 lakh tonnes of pulses from Kharif Marketing Season 2016-17 and 5 lakh tonnes from Rabi Marketing Season 2017-18.

“As on November 21, a buffer of 6,38,205.55 tonnes of pulses, viz, 1,30,492.33 tonnes of chana; 2,04,030.859 tonnes of tur; 1,43,555.76 tonnes of masur; 83,181.792 tonnes of urad; and 76,943.81 tonnes of moong, have been built through domestic procurement and import contracts,” minister of state for food C. R. Chaudhary said in a written reply to the Rajya Sabha.

The government has, however, approved 20 lakh tonnes of buffer stock; 10 lakh tonne through domestic procurement from farmers and another 10 lakh tonnes from imports.

The government has set a record target of 20.75 million tonnes of pulses production in the ongoing crop year (July 2016-June 2017) on the back of good monsoon.

The Dollar Business Bureau - Nov 26, 2016 12:00 IST