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IMG asks states to lift pulses stocks

DECCAN CHRONICLE
Published Oct 15, 2015, 6:17 am IST
Updated Mar 27, 2019, 11:48 am IST
IMG has decided to ask state governments to lift stock of pulses lying at ports like Jawaharlal Nehru Port near Mumbai
Finance Minister Arun Jaitley (Photo: AP)
 Finance Minister Arun Jaitley (Photo: AP)
New DelhiThe Price Stabilisation Fund (PSF) will be used to pay for transportation, handling, milling and processing of imported pulses. The IMG has decided to ask state governments to lift stock of pulses lying at ports like Jawaharlal Nehru Port near Mumbai.
 
Mr Jaitley said that “more quantity of pulses will also be imported into the country in the next few days to address the supply side problem.” This together with the invocation of the Price Stabilisation Fund will have some impact on cooling down the prices of pulses, he said. To address supply crunch in the future, Mr Jaitley said the government has decided to create a buffer stock of pulses mainly through imports. 
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