5 States to Procure 1 Lakh Tonnes of Tur from Buffer to Check Pulse Prices
4 years, 2 months ago

5 States to Procure 1 Lakh Tonnes of Tur from Buffer to Check Pulse Prices

News 18  

New Delhi: The Centre on Tuesday said five states, including Bihar, have shown interest to buy a total of 1 lakh tonne of tur from its buffer stock for retail sale at a subsidised rate, in order to check rise in prices of pulses. Besides, the government has also decided to release 40,000 tonnes of tur from the buffer stock in open market sale in small lots, so that the releases may reach the retail market at a faster pace and help in cooling off rising prices, it said in a statement. The intervention, the consumer affairs ministry said, comes amid a rise in retail prices of pulses in the last fortnight despite nearing kharif harvest of tur and urad. As on Monday, the all-India average retail prices of tur and urad were observed to have increased 23.71 per cent and 39.10 per cent, respectively, over last year.

History of this topic

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