MMTC reworks chickpeas import tender, hikes it to 2,000 tonnes

Extends last date for submission of technical and price bids to Oct 28; bids valid up to Nov 5

MMTC reworks chickpeas import tender, hikes it to 2,000 tonnes
Press Trust of India New Delhi
Last Updated : Oct 19 2015 | 2:27 PM IST
The state-owned MMTC has floated a revised global tender increasing import quantity of chickpeas to 2,000 tonnes from Australia as pulse prices skyrocket.

In September, the trading agency had invited bids for import of 1,000 tonnes of chickpeas from the same country, which were to be finalised on October 13. The shipments were to be delivered by end of this month.

In a revised tender, MMTC has increased the import quantity to 2,000 tonnes to be purchased from Australia and delivered in Mumbai and Kolkata ports by November-end.

Also Read

It has also extended the last date for submission of both technical and price bids to October 28. Bids will remain valid up to November 5.

To improve availability and check prices, the government has asked MMTC to import pulses. The agency has already imported 5,000 tonnes of pulses, which are being distributed at subsidised rates in Delhi, Andhra Pradesh and Tamil Nadu.

The prices of pulses have soaring for the past few months due to a fall in domestic output by about 2 million tonnes (mt) to 17.20 mt in 2014-15 crop year (July-June) owing to deficient monsoon and unseasonal rains.

Retail prices of tur dal have risen by up to Rs 200 per kg in most parts of the country, from Rs 85 per kg a year ago.

Similarly, urad dal prices rose to nearly Rs 190 per kg, from Rs 100 per kg in the year-ago period.
*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 19 2015 | 1:28 PM IST

Next Story