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MoneyWorks4Me

Government agencies procures 3740 MT pulses during ongoing Kharif season

06 Oct 2016 Evaluate

The Government agencies have procured 3740.47 MT pulses as on October 2, during ongoing Kharif Marketing Season (KMS). The Central Government has directed government procuring agencies FCI and NAFED to procure Kharif pulses from the farmers to ensure MSP for their crops.

So far, FCI has procured 1075.34 MT and NAFED 2665.13 MT pulses since the arrival of Kharif pulses during ongoing KMS 2016-17. The agencies have set up 417 procurement centres in pulses producing states to ensure their reach to the farm gates for procurement of Moong and Urad. More centres will be set up if required on the arrival of Tur crop.

The government has set up the procurement target of 50,000 MT Kharif pulses during current KMS for its buffer stock.