Centre releases Rs 1,160 cr to Nafed for buying pulses, onion

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The fund has been made available through the Price Stabilisation Fund (PSF) operated by the consumer affairs ministry. Under the PSF, commodities are purchased at market prices. The government has set a procurement target of 50,000 tonnes of onion, 5.5 lakh tonnes of tur dal and 1.5 lakh tonnes of masoor dal for the buffer stock purpose.

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