Press Trust Of India / New Delhi Apr 16, 2009, 00:29 IST
India’s pulses imports on government account is at least 30 per cent short of the target during the 2008-09 financial year, which traders say is a major factor for the current spiral in domestic prices. As India needs to import about 30 lakh tonnes of pulses a year to meet the domestic demand, the government had set a target (for itself) of importing half of these in 2008-09.
However, according to the latest official data, public sector trading firms — STC, MMTC and PEC — and agri cooperative Nafed contracted to import 10.25 lakh tonnes of pulses in 2008-09.These firms were asked by the government to import 15 lakh tonnes of pulses in 2007-08 also.