SME Times is powered by   
Search News
Just in:   • Adani Group to invest Rs 57,575 crore in Odisha  • 'Dollar Distancing' finally happening? Time for India to pitch Rupee as credible alternative: SBI Ecowrap  • 49% Indian startups now from tier 2, 3 cities: Jitendra Singh  • 'India ranks 3rd in global startup ecosystem & number of unicorns'  • LinkedIn lays off entire global events marketing team: Report 
Last updated: 09 May, 2017  

Toor.9.Thmb.jpg Centre approves procurement of one lakh tons of 'toor'

Toor.9.jpg
   Top Stories
» 49% Indian startups now from tier 2, 3 cities: Jitendra Singh
» 'India ranks 3rd in global startup ecosystem & number of unicorns'
» Tripura exported over 9K tonnes of pineapples in 2 years
» CPI inflation eases to 6.71% in July, IIP falls to 12.3%
» Rupee depreciates 12 paise to close at 79.64 against US dollar
SME Times News Bureau | 09 May, 2017
The Central government on Monday approved purchase of one lakh tonnes of toor dal (pigeon pea) from Maharashtra's farmers, an official statement said.

The Agriculture Ministry statement said that on May 5, request for implementation of Price Support Scheme was again received from the Maharashtra Government, which, in a fresh proposal, requested procurement of 20 lakh quintal (2 lakh metric tonnes) of up to May 31.

Maharshtra also informed that it expects production to reach 20.35 lakhs meteric tonnes (MT).

To keep up with the increased production, the harvesting period of kharif toor was revised from September to March and was extended up to May 31.

"Considering the proposal, this department has approved the procurement of one lakh MT of toor under PSS up to May 31," the Ministry said, adding that the procurement was approved on the condition that the state will not reimburse or adjust from procurement already made in April and will make necessary arrangements for storage and other amenities required for smooth functioning of the scheme.

Mahrashtra, in a proposal for procurement of toor during the current Kharif season 2016-17, had suggested that the production of toor in the state will be 12.56 lakhs MT and requested procurement of 2 lakhs quintal between November 2016 to January 29.

"This proposal was transferred to Department of Consumer Affairs to create a buffer stock of pulses by making procurement directly from the farmers at minimum support price (MSP) plus bonus under PSF. This procurement continued till April 22, 2017 and around 4 lakhs MT of Toor was procured which is 31.95 percent of total expected production," it added.
 
Print the Page Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 13 Aug, 2022
  Daily Poll
PM Modi's recent US visit to redefine India-US bilateral relations
 Yes
 No
 Can't say
  Commented Stories
» GIC Re's revenue from obligatory cession threatened(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter