1 year, 9 months ago

Centre to sell toor dal from buffer stocks as price shoots up

As the national average price for a kilogram of toor dal touched ₹ 129.5 on June 27, the Centre decided to release it from the national buffer in a calibrated and targeted manner “till imported stocks arrive in the Indian market”. The Union Ministry of Ministry of Consumer Affairs, Food & Public Distribution said in a release that the National Agricultural Cooperative Marketing Federation and National Cooperative Consumers Federation will release the pulses through online auction among eligible millers “to augment the available stocks for milling into toor dal for the consumers”. “The quantities being auctioned and the frequency will be calibrated on the basis of the assessed impact of the disposal on the availability of toor to consumers at affordable prices,” the Ministry said. “The State governments are continuously monitoring the prices and are verifying the stock positions of stock-holding entities in order to take strict action against those who violate the stock limits order,” the release added.

The Hindu

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