Friday 16 September 2016

Pulses shortfall: Govt asks for more import

Cracking down on private importers of pulses, the government asked them to be transparent in their transactions and submit information about contracted quantities in advance for better assessment of supplies and formulation of measures to check prices.  Food and Consumer Affairs Minister Ram Vilas Paswan held a meeting with pulses importers to review the status of imports. Senior officials of
Agriculture, Food, Consumer Affairs, Commerce, Finance and External Affairs Ministries, and investigating agencies like ED were present.

Regular meetings will now be held with importers to ascertain the status of imports and take necessary market interventions to boost domestic supply and check prices. 

With demand-supply gap likely to remain even if the country's pulses output this year touches 20 million tonnes, the official said traders were asked to focus on imports from countries where the government has entered into agreement for long-term supply. 

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