Procurement of Pulses and Oilseeds via NAFED is probably to drop via more than a third within the kharif 2018 season from the yr-ago length.
The decline in procurement comes after consecutive kharif seasons wherein it surged and reached a vital mass, compared with very small quantities earlier.
Just approximately 10 lakh tonnes or three% of the summer time crop output of 314 lakh tonnes have been procured through the countrywide-stage procurer NAFED as on January 3 and it could turn out to be shopping for sixteen lakh tonnes (five%) or thereabouts earlier than the season ends.
NAFED dealing with director attributed the expected fall in procurement of Oilseeds and Pulses at some point of kharif 2018 to a rise in marketplace (mandi) costs.
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