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Buffer stock of pulses crosses 16.88 lakh tonnes

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Capital Market
Last Updated : Mar 31 2017 | 5:01 PM IST

Centre creating a dynamic buffer of upto 20 lakh tonnes of Pulses under the Price Stabilization Fund

Government has procured around 16.88 lakh tonnes including 3.79 lakh tonnes of imports towards building the buffer stock of pulses of upto 20 lakh tonnes as on 28 March 2017.

Government has approved creation of a buffer stock of upto 20 lakh tonnes of pulses under the Price Stabilization Fund (PSF). The domestic procurement of the pulses is from farmers/farmers' association at farm gate/Mandi through designated agencies like NAFED, FCI and SFAC. Government procured Arhar and Moong during KMS 2016-17 to extend MSP support to farmers and simultaneously build the buffer.

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First Published: Mar 31 2017 | 4:40 PM IST

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