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Government to import additional 90,000 tonnes of pulses for buffer stock

30 Aug 2016 Evaluate

The government will further import 90,000 tonnes of pulses, like masoor and tur in order to boost domestic supply and control prices. The government ordered import of 40,000 tonnes of masoor; 20,000 tonnes of tur; 20,000 tonnes of desi chana and 10,000 tonnes of urad for the buffer stock.

The decision for further import of pulses was taken in a meeting of price stabilization fund chaired by Consumer Affairs Secretary Hem Pande. With this order, the total import of pulses for buffer stock now stands at 1.76 lakh tonnes (LT). The domestic procurement of pulses has also reached to 1.20 LT.

Further, 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.