Pulses imports News
Last week, the cabinet committee on economic affairs (CCEA) gave approval for distributing a part of the pulses buffer stock to central schemes like Midday Meal and other state-run agencies besides state governments.
Trying out all possible ways to control pulse prices that have neared Rs 200 per kg, the Centre today decided to set up a committee to relook at the minimum support price and bonus to promote pulse cultivation.
With prices of pulses soaring to as high as Rs 170 per kg, the government on Wednesday decided to import lentils from Myanmar and Africa and beef up the buffer stocks to check the spike in rates.
India needs to import 65 lakh tonnes of pulses this year to meet the domestic shortfall, Food Minister Ram Vilas Paswan said today and assured that the government will not allow prices to rise in any circumstances.
The Centre today said it has already contracted import of 8,500 tonnes of pulses and the shipments are on the way
Pulses prices continue to rule high due to fall in domestic production by 2 million tonnes in the 2014-15 crop year (July-June) due to 14 percent deficit monsoon.
Retail pulses prices are seen to be falling around 10 percent to 15 percent as supplies are set to improve over the fortnight.
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