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Govt takes a few decisions to control food inflation

The government has decided to double the import quota of tur from 2 lakh tonnes to 4 lakh tonnes.

, ET Bureau|
Last Updated: Jun 11, 2019, 10.29 PM IST
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Pune: Government of India on Tuesday took a series of decisions to control food inflation in the country.

To tame the upward movement in prices of pulses, Ram Vilas Paswan, Union Minister of Consumer Affairs, Food and Civil Supplies announced that the government will sell 2 lakh tonne of tur dal from the buffer stock.

“We will issue licences for import of pulses within 10 days by sorting the applications received so far,” tweeted Paswan.

Government has issued order for import of 2 lakh tonnes of tur dal on June 4. The government has also decided to double the import quota of tur from 2 lakh tonnes to 4 lakh tonnes.

“Government is alert about any attempt of speculation and hoarding,” Sai Paswan adding that the government will not tolerate any fooling of the consumers.

Government has buffer stock of 11.53 lakh tonnes of pulses. Nafed has stock of 27.32 lakh tonnes of pulses under price support scheme. Total stock of pulses with the government is 39 lakh tonnes. Under the G2G agreement with Mozambique government, India will import 1.75 lakh tonnes of pulses.

Earlier in the day, government also withdrew export incentives of onion fearing escalation of prices.
(Catch all the Business News, Breaking News Events and Latest News Updates on The Economic Times.)

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