Centre To Offload Some Of Pulses Buffer Stock
Govt sells 284,000 tonnes of wheat, 5,830 tonnes of rice from buffer stock
The government on Thursday said it has sold 2.84 lakh tonnes of wheat and 5,830 tonnes of rice from its buffer stock to 2,334 bidders through an e-auction as part of efforts to control retail prices by offloading food grains in the open market. In an official statement, the food ministry said that the 21st e-auction was held on November 15, wherein 3 lakh tonnes of wheat and 1.79 lakh tonnes of rice were offered under Open Market Sale Scheme (OMSS) Domestic. The ministry said that 2.84 lakh tonnes of wheat along with 5,830 tonnes of rice were sold to 2,334 bidders. As part of the central government initiative for market intervention to control the retail price of rice, wheat and atta, weekly e-auctions of both wheat and rice are conducted by the government. The Food Corporation of India, the government's nodal agency for procurement and distribution of food grains, is offloading wheat from its buffer stock under OMSS. The ministry said the weighted average selling price was Rs ...
 "Govt sells 284,000 tonnes of wheat, 5,830 tonnes of rice from buffer stock")
Centre to offload some of pulses buffer stock
The government has decided to dispose off 0.55 million tonnes of pulses from its buffer stock of around 1.8 mt, at lower rates, to five states and for central welfare schemes such as the mid-day meal programme.It is also willing to work with them to evolve a system for real-time updating of the list of beneficiaries covered under the National Food Security Act (NFSA). Such automatic updating would enable the Centre to address concerns over addition or substraction of beneficiary names from the Public Distribution Scheme (PDS) list due to change of address, marriage or death, a complaint it repeatedly faced during its recent nationwide social audit of NFSA.Last year, the government decided to create a buffer stock of pulses, to ensure better prices for farmers and to augment supply in times of price rise. About two mt was got via both local buying and import.Of this buffer (now 1.8 mt), about 350,000 tonnes will be given at a lower rate to Karnataka, Gujarat, Tamil Nadu, Andhra ...
 "Centre to offload some of pulses buffer stock")
