Ensuring price stability, Centre to sell 8.5 lakh tonnes of pulses to States

News Bharati    19-Dec-2019
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New Delhi, December 18: With the purpose to ensure increased overall availability of Pulses in the market across India, the Department of Consumer Affairs that maintains a buffer stock of Pulses for the Union Government under the Price Stabilisation Mechanism has offered approximately 8.5 Lakh Metric Ton of Pulses to State Governments at average market rates. The decision in this regard was informed during a meeting chaired by the Secretary Consumer Affairs, Avinash Srivastava to review prices and availability of Pulses across the nation. 

1_1  H x W: 0 x 

The purpose is to ensure increased overall availability of Pulses in the market across India and also to ensure that prices remain stable. The break-up of this 8.5 LMT is as follows:

 
1_1  H x W: 0 x
 
Improved availability of pulses would ease the prices, which have firmed up on account of a projected shortfall in production this year.

In September 2018, too, the Centre had announced a sale of 34.88 lakh tonnes of pulses to States under several welfare schemes such as mid-day meal, the public distribution system and the integrated child development scheme with a subsidy of ₹15 per kg.