Nafed to dispose pulses through e-auction

With a view to disposing of huge stocks of pulses from the last year’s kharif procurement, Nafed would launch an e-auction platform where traders could sell and buy other agricultural commodities as well. The dedicated portal – would make things easy for traders to do their business, reports Financial Express.

The Nafed MD said over 200 traders have already been registered with the portal. Nafed is preparing customized guidelines for procurement, disposal, and processing of contracts for all the agricultural commodities and food products to be sold through e-platform.

Meanwhile, Karnataka has said it will buy one lakh tonne of pulses from Nafed’s buffer stocks. Several other states have also shown interest in buying pulses from the Nafed.

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