Abrupt rise in prices of pulses! Corpus of Rs. 900 crore for Price Stabilisation Fund

Government has approved creation of buffer stock of pulses through procurement at Minimum Support Price and at market price through Price Stabilisation Fund.

Feb 29, 2016 08:02 IST India Infoline News Service

Union Budget 2016-17
The Price Stabilisation Fund has been provided with a corpus of Rs.900 crore to support market interventions. While presenting the General Budget 2016-17 in Lok Sabha today, the Union Finance Minister Arun Jaitley said that monitoring of prices of essential commodities is a key element of good governance. A number of measures have been taken to deal with problem of abrupt increase in prices of pulses. 
Government has approved creation of buffer stock of pulses through procurement at Minimum Support Price and at market price through Price Stabilisation Fund. 

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