Govt approves release of pulses at discounted rate to be utilized for various Welfare Schemes
The decision will enable the States/UTs to use pulses in various Welfare Schemes like PDS, Mid-Day Meal Scheme etc.
The Cabinet Committee on Economic Affairs, chaired by Prime Minister Shri Narendra Modi, has approved the release of pulses to States/UTs at a discounted rate to be utilized for various Welfare Schemes from the stock of pulses procured under Price Support Schemes (PSS).
The decision will enable the States/UTs to use pulses in various Welfare Schemes like PDS, Mid-Day Meal Scheme etc. besides making available the warehouses, which may be required in coming Kharif season for storage of commodities procured under Price Support Scheme.
Under this approved Scheme, the States/UT Governments are offered to lift 34.88 lakh MT of Tur, Chana, Masoor, Moong and Urad at discount of Rs.15 per Kg over the prevailing wholesale market price of the sourcing state on First come first serve basis.
This will be one-time dispensation for a period of 12 months or complete disposal of 34.88 lakh MT of pulses stock whichever is earlier. The government will spend Rs. 5,237 crore for implementation of this Scheme.
The country has witnessed the all-time high production of pulses during the last 2 years. The government of India under Price Support Scheme has made record procurement of pulses during Kharif 2017 and Rabi 2018 marketing season.
This coupled with an increase in Minimum Support Price will require additional procurement under Price Support Scheme.