Agri Business

₹90 crore released to FCI, Nafed to procure pulses 

Our Bureau New Delhi | Updated on January 22, 2018 Published on December 07, 2015

With pulses supplies improving but prices still ruling comparatively high, the Centre has released over ₹90 crore to various agencies for procurement to create a buffer stock.

“Nafed, SFAC (Small Farmers Agriculture Business Consortium) and FCI (Food Corporation of India) will procure pulses (tur and urad) in the Kharif 2015 season at prevailing market rates from farm gate/mandis for creation of buffer stocks,” Food Minister Ram Vilas Paswan said in a written reply to the Rajya Sabha last week.

He said ₹50 crore and ₹40 crore were released to FCI and Nafed, respectively, to start procurement of pulses in Kharif Marketing Season 2015-16. In reply to another question, Minister of State for Agriculture & Farmers Welfare Mohanbhai Kalyanjibhai Kundaria said the quantity of pulses imported in April-September was 22.54 lakh tonnes.

Published on December 07, 2015
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