Govt to release Chana through NCDEX also from its buffer stock

national-commodity-derivatives-exchange-limited_indianbureaucracy
national-commodity-derivatives-exchange-limited_indianbureaucracy

The meeting of Inter-Ministerial committee on prices held here under chairmanship of Secretary Department of Consumer Affairs, Shri Hem Pande reviewed prices and availability of pulses. It was decided that besides offering Chana (chickpea) to the State Governments, its significant quantity should be released immediately through NCDEX (National Commodity & Derivatives Exchange Limited) also to cool down prices.

The meeting also suggested exploring possibility to use KVIC outlets for distribution of pulses besides postal network. The committee was informed that Department of Consumer Affairs is working on modalities with Department of Post to start distribution of pulses through its network at the earliest. The subsidized pulses are already being distributed through Kendriya Bhandar, Safal and NCCF in Delhi and NCR Region, NCCF is also selling the pulses in some other metros also.

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