Govt may sell moong dal to tame prices

Nafed, NCCF are likely to sell 5% of moong buffer stock at discounted rate

- Puja Das

As part of the Union government’s efforts to tame food inflation, the Centre is now planning to sell moong (green gram) in the retail market at a discounted rate.

As part of the plan, the government, through its co-operatives such as the National Agricultural Cooperative Marketing Federation of India (Nafed) and National Cooperative Consumers’ Federation of India (NCCF), will use 5% or 30,000 tonnes of raw moong from the existing central pool stocks and sell it at a discounted rate, a senior official said recently.

At present, the Centre has around 500,000 tonnes of moong in its stock as against the 100,000 tonnes norm.