Business Standard

Govt to dispose of 500,000 tonnes of pulses buffer stock

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The Centre, which is sitting on buffer stock of 1.8 million tonnes of pulses, is aiming to dispose of up to 500,000 tonnes of lentils by March 2018 by distributi­ng through the various welfare programmes, a senior food ministry official said on Monday.

Last week, the Cabinet Committee on Economic Affairs (CCEA) gave approval for distributi­ng a part of the pulses buffer stock to central schemes such as mid-daymeal and other state-run agencies besides state government­s.

“The recent CCEA approval will help clear at least 350,000-500,000 tonnes of pulses from the buffer stock by end of this fiscal year,” the official told PTI. Already, pulses are being given to some state government­s at a subsidised rate for distributi­on through the ration shops.

The concerned ministries, implementi­ng various schemes, have been asked to provide their requiremen­t for pulses.

It is estimated that the midday meal scheme alone would require around 500,000 tonnes of pulses annually and about 300,000 tonnes for aganwadis, the official said.

In the next fiscal year, another 800,000 tonnes of pulses will be disposed of from the buffer stock, the official said, adding this would ease the burden.

For the first time, the government had last year decided to create a buffer stock of pulses to ensure better prices to farmers and at the same time use the stock to augment local supply in times of price rise.

About 2 million tonnes of buffer was created through local procuremen­t and imports.

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