Monday, November 6, 2017

India to export excess stock of Pulses

From being an importer of Pulses India is now looking at exporting Lentil piggying back on a huge stockpile.

With a stock of 18MT, agencies like MMTC will look for overseas buyers while a bulk will be put forward to consumer agencies like IRCTC, defence forces, central paramilitary forces and Safal to lift about one lakh tonnes in a year.

Moreover, plans for disposal of another 10 lakh tonnes through government agencies, open market sale and at subsidised rates to states have been planned. The government has also allowed export of Arhar and Urad.

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