NAFED procures 128,297 tn of chana at MSP in five states

National Agricultural Cooperative Marketing Federation of India had procured 128,297 tn of chana under the price support scheme across Telangana, Karnataka, Maharashtra, Rajasthan and Andhra Pradesh. The federation bought 8,762 tn in Rajasthan, 5,785 tn in Maharashtra, 18,505 tn in Andhra Pradesh, 63,901 tn in Karnataka, and 31,344 tn in Telangana as market prices in these states have slipped below the minimum support price of 4,400 rupees per 100 kg, inclusive of a 150-rupee bonus.Prices of chana have plunged due to poor demand from dal millers and rise in supply of the new crop in key markets.