Kharif Pulses, Oilseeds procurement reach 1.8 MT to this point

Kharif Pulses, Oilseeds procurement reach 1.8 MT to this point

by admin- Monday, May 20th, 2019 08:27:04 PM

The authorities has up to now procured 1.8 million tonnes of kharif season pulses and oilseeds, which is much less than 1/2 of the sanctioned procurement quantity of three.Seventy eight million tonnes, at the same time as procurement ends this month.

National Agricultural Cooperative Marketing Federation of India Ltd (Nafed), the authorities organisation that buys pulses and oilseeds from farmers, attributed low procurement to lower than predicted manufacturing and firm costs of some pulses.

Last year, the authorities had bought a file 2.55 million tonnes of pulses and oilseeds, achieving seventy five% of the targeted 3.36 million tonnes of summer season harvest.

The procurement of iciness pulses and oilseeds, which is probable to be completed by way of July this 12 months, is likewise displaying slow development. As on May 15, the authorities has offered 1.09 million tonnes as towards the sanctioned 4.Fifty five million tonnes, in keeping with data from Nafed.

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