Chickpea prices may cool down soon, as government prepares for a fight

The meeting of Inter-Ministerial committee on prices held here today under the chairmanship of Secretary Department of Consumer Affairs, 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.

Chickpea is one of the favourite Indian dal

Chickpea is a widely used in the Indian households and since Diwali is around, therefore, to help the consumers this move was undertaken by the government.

The meeting also suggested exploring  the possibility to use KVIC outlets for distribution of pulses like the chickpea besides the 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.

More details awaited.

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