Pace of chana procurement by NAFED slows, only 68 tonne bought in 2 weeks.

The pace of chana procurement by the National Agricultural Cooperative Marketing Federation of India in four key producing states has slowed, with the agency buying only 68 tonne of the commodity in the last two weeks. Besides the fact that prices have surged above the minimum support price due to festival demand, good rains and the government’s move to cap the import of other pulses also weighed on procurement. The National Agricultural Cooperative Marketing Federation of India had procured 59,768 tonne of chana from the 2016-17 (Jul-Jun) rabi crop from four states.