NAFED and FCI Oilseeds, Pulses procurement at severe slow pace

NAFED and FCI Oilseeds, Pulses procurement at severe slow pace

by admin- Tuesday, December 11th, 2018 06:47:49 PM

Food Corporation of India (FCI) and National Agricultural Cooperative Marketing Federation of India Ltd (Nafed), which have a target you bought 33 lakh tonne of Oilseeds and Pulses underneath the Pradhan Mantri Annadata Aay SanraksHan Abhiyan (PM-Aasha) within the 2018-19 marketing season finishing March, have simplest been able you got three.Seventy five lakh tonne so far.

The authorities has estimated Pulses output on this kharif season inside the u . S . At ninety two.2 lakh tonne and that of Oilseeds at 222 lakh tonne.

Delay in arrivals and bad quality vegetation have gradual down the procurement, the non-public gamers have started out purchasing Urad and Soyabean, charges of which might be now ruling toward the MSP.

Private buyers are acquiring Urad at Rs five,four hundred-five,500 a quintal even as the MSP become Rs five,600 in step with quintal. Soyabean is being offered in mandi at Rs 4,000 a quintal towards MSP of Rs 3,399 a quintal.

Nafed and FCI have commenced procurement best in some selected districts of Madhya Pradesh, Rajasthan, Gujarat, Maharashtra and Andhra Pradesh. In Karnataka, FCI will quickly begin procurement of Arhar. Of the overall procurement, 70% may be procured by means of Nafed and the relaxation by way of FCI.

FCI company has up to now procured simplest 6,000 tonnes of Pulses and Oilseed out of its overall goal of two.9 lakh tonnes.

News Updates