Business Standard

Centre to buy addl 1 lakh tonnes of tur dal from K'taka: CM

Image

Press Trust of India New Delhi
The Centre has agreed to buy additional 1 lakh tonnes of tur dal at MSP from Karnataka, state Chief Minister Siddaramaih said today.

Siddaramaiah called on Union Agriculture Minister Radha Mohan Singh today to discuss the matter in detail. He demanded the centre to buy additional 2.35 lakh tonnes of tur dal from the state at the minimum support price (MSP).

"Already, the Centre has purchased 2.65 lakh tonnes of tur at the MSP under the price support scheme. We requested them to buy additional 2.35 lakh tonnes. They have agreed for procurement of 1 lakh tonnes of tur dal," the chief minister told reporters after the meeting.
 

The procurement is being undertaken by central agency Nafed and state agencies as prices have fallen below the MSP. The rates in the market are ruling in the range of Rs 4,000-4,500 per quintal, while the MSP is fixed at Rs 5450 per quintal.

The state had harvested a bumper crop of 9 lakh tonnes in the 2017-18 crop year (July-June).

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Mar 06 2018 | 9:46 PM IST

Explore News