Government buying of pulses falls 86% short of target

After a big success during the earlier kharif season, government agencies have failed in pulses procurement in the ongoing rabi marketing season, missing their target by 86 per cent.

Data compiled by the government-owned grain procurement agency, Food Corporation of India (FCI), showed that the only nominated agency, National Agricultural Cooperative Marketing Federation of India (Nafed), procured only 19,779 tonnes of masur (red gram) as on July 3, against the target of 100,000 tonnes. And, 51,059 tonnes of chana (Bengal gram), against the procurement target of 400,000 tonnes. Respectively, 19.8 per cent and 12.8 per cent of the rabi marketing target. Financial Astrology Tips