The government has procured or contracted for imports about 14(point)66 lakh tonnes of pulses to create a buffer stock. Minister of State for Food and Consumer Affairs C R Chaudhary said this in a written reply to the Lok Sabha. He said, 10.60 lakh tonnes of pulses have been procured while 4.06 lakh tonnes have been contracted for imports for the buffer stock. <br/><br/>He said, a professional Buffer Stock Management Agency (BSMA) will be engaged for efficient management of the buffer stock including procurement, storage, maintenance and liquidation of the stock as per government directive from time to time. Pulses production is estimated at record 22.14 million tonnes in the 2016-17 crop year as against about 16.5 million tonnes in the previous year. <br/><br/>The annual domestic demand is about 24 to 25 million tonnes and the gap is met through imports. The government had decided to create a buffer stock for market intervention in case of price rise.<br/>
News On AIR | March 14, 2017 9:03 PM
Govt procures 14.66L tonnes of pulses to create buffer stock