Saddled with surplus pulses, the Centre is all set to cut down on the 20 lakh tonne buffer stock that was created after the prices of the kitchen staple had shot through the roof two years ago.
With prices of pulses touching Rs 200 per kg in 2015, the Centre had first announced a buffer stock of eight lakh tonnes of the primary protein source for vegetarians and later enhanced it to 20 lakh tonnes.
“We still have 18 lakh tonnes of pulses and are in the process of offloading to replenish the stock,” a senior official in the Department of Consumer Affairs told DH.
He said the buffer stock policy had achieved one of its key goals â€“ encouraging farmers to take up production of pulses in a big way.
“In 2016-17 we had a record production of pulses and farmers are expected to repeat the rich harvest this year too,” he said.