Govt to procure 4 lakh tonnes of pulses to create 16-l-t buffer stock - Agrovista Profits Latest Agriculture News and Updates

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Friday, May 31, 2019

Govt to procure 4 lakh tonnes of pulses to create 16-l-t buffer stock


Consumer Affairs Dept to also stock up on onions

The government plans to procure an additional 4 lakh tonnes of pulses from farmers in the coming weeks as it plans to increase the buffer stock to 16 lakh tonnes, officials said as Consumer Affairs and Public Distribution Minister Ram Vilas Paswan and his deputy, Danve Raosaheb Dadarao, took offic.
“Since 2016, we have been maintaining a pulses buffer stock of 20 lakh tonnes which is now successfully liquidated, without any wastage. This has helped us maintain the prices of pulses within limits. Now that this has been disposed of, we are building a new buffer stock of pulses in order to ensure that the prices are under check. We have already procured 12 lakh tonnes. An additional 4 lakh tonnes will be procured very soon,” Consumer Affairs Secretary Avinash K Srivastava said.
He said the Department is also planning to keep a buffer stock of at least 50,000 tonnes of onions as the prices of the bulbs tend to fluctuate even during the season.
According to Srivastava, as the government is promoting contract farming in a big way, the Department plans to remove stock limits on different products produced under this format; caps were imposed under the Essential Commodities Act.
Giving an outline of the work to be carried out by the Department during the first 100 days of the new Modi government, he said there are six quality control orders for 11 products, these would be brought under compulsory certification schemes.
Efforts are also being made to get international recognition to the certification by the Bureau of Indian Standards so that products made in India need not get a fresh certification from other countries when they are exported, he said.
Source;BL

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