The Comptroller and Auditor General of India, CAG, has pulled up Ministry of Consumer Affairs, Food and Public Distribution for not monitoring imports of pulses resulting in a loss of over 1,200 crore rupees to four state trading agencies.

The CAG in his report said that the State-owned trading agencies — MMTC, STC, PEC and Nafed suffered losses of over 1,201 crore rupees on import and sale of pulses between 2006 and 2011 without succeeding in price stabilisation in the market.

The CAG said in a report presented in Parliament on Tuesday that as against the targeted quantity of import and sale of 53.10 lakh tonnes of pulses during 2006-11, the agencies imported 30.04 lakh tonnes and sold 26.95 lakh tonnes of pulses during this period, incurring losses totaling 1,201.32 crore rupees on these transactions.

The CAG rapped the Ministry for inadequate monitoring that led to failure in ensuring the proper distribution of imported pulses in the domestic market.