India to release Chana through NCDEX also from its buffer stock

NEW DELHI (INDIA):The meeting of Inter-Ministerial committee on prices held here today under chairmanship of Secretary Department of Consumer Affairs, Hem Pande reviewed prices and availability of pulses.nnIt 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.nnThe 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.nnThe 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.