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Centre provides Rs 25 Cr subsidy to check rising pulse prices

Centre has decided to provide subsidy of Rs 25 crore on Tur and Urad for distribution of pulses by States at retail price of not more than Rs 120 per kg
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Centre has decided to provide subsidy on Tur and Urad for distribution of pulses by States at retail price of not more than Rs.120 per kg. For this, unmilled Tur dal is being allocated at Rs.66 per kg and unmilled Urad dal at Rs.82 per kg to the States, providing a subsidy of Rs 27 per Kg for Tur Dal and Rs 14 per kg for Urad dal. This would entail a subsidy of Rs 24.4 crore for 10,000 MT pulses ie, 8,000 MT Tur and 2,000 MT of Urad being allocated to the States, a Governemnt statement said today.

The Government of India has requested State governments to avail this benefit and utilise the available stocks for managing the prices of pulses in their respective States. Chief secretaries and food and consumer affairs secretaries of the States have been requested to project their demand immediately to ensure timely allocation from the buffer stock. They have also been asked to keep a close watch on the prices and to take stringent action against hoarding of the commodity. The center has already empowered the States to impose stock limits on the pulses to ensure easy availability.

Government agencies have made procurement of about 50,000 MT pulses from the farmers during the Kharif Marketing Season, 2015-16 and has contracted 26,000 MT of pulses for import. The Government has also initiated procurement of Rabi pulses and targeted to procure around 100,000 MT of Chana and Masur to further build the buffer stock.  

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