Government to dispose 7 lakh tonne pulses from buffer stock

Image
IANS New Delhi
Last Updated : Oct 04 2017 | 8:32 PM IST

The government will soon dispose seven lakh tonnes of pulses from its buffer stock of 18 lakh tonnes, Union Food and Consumer Affairs Minister Ram Vilas Paswan said here on Wednesday.

"We have asked the states to buy pulses from us at market rate. So far, we have received demand from three states (Gujarat, Karnataka, and Tamil Nadu). We will dispose 3.5 lakh tonnes of pulses this way. We are also looking to clear another 3.5 lakh tonnes through other means," Paswan said.

The government had last year procured 20 lakh tonnes of pulses for creating the buffer stock to cool rising prices due to supply shortage and to ensure better prices to farmers. Of this, 18 lakh tonnes of pulses are still lying in government godowns.

While Tamil Nadu will sell the pulses through public distribution system, Gujarat will use the same for midday meals whereas Karnataka needs the commodity for both midday meals and PDS, Paswan said.

The Ministry also intends to supply pulses from its buffer stock to government agencies like the armed forces, Central Armed Police Forces, government hospital canteens and for Sports Ministry programmes at lower rates.

"But, we will have to put it up in the Cabinet before we can go ahead with the decision," Paswan said.

--IANS

mak/tsb/dg

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 04 2017 | 8:10 PM IST

Next Story