Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | Price stabilisation fund for pulses can keep consumer budget in check    </title>
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-Hindustan Times

The alleged lynching of a truck driver who was ferrying pulses by a mob recently in UP is a sad commentary about India&rsquo;s inadequate price management systems. Wholesale prices, which plunged for the 11th straight month in September, could..."/>
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-Hindustan Times

The alleged lynching of a truck driver who was ferrying pulses by a mob recently in UP is a sad commentary about India&rsquo;s inadequate price management systems. Wholesale prices, which plunged for the 11th straight month in September, could..." />
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                            <div align="justify">-Hindustan Times<br /><br />The alleged lynching of a truck driver who was ferrying pulses by a mob recently in UP is a sad commentary about India&rsquo;s inadequate price management systems. Wholesale prices, which plunged for the 11th straight month in September, could be masking a worrisome rise in food prices, leaving consumers to wonder why &mdash; even with declining inflation &mdash; their household budgets are spinning out of control.<br /><br />After onion, the prices of pulses &mdash; a source of protein for every Indian &mdash; are now at a five-year high in some parts of the country. Arhar or tur dal is retailing at more than Rs 200 a kg in some regions, while the national average of lentil is hovering around Rs 160 a kg, more than double of last year&rsquo;s price of Rs 75 a kg. There is a danger of killing over food following the recent lynching over faith.<br /><br />The focus is changing from the basic needs of nutrition such as rice and coarse grains to more aspirational products like protein-rich eggs, meat and fish. This is a sustaining demand in an economy in which supply shortage was the key driver of inflation in the past. The recent price data show that the prices of pulses, milk, eggs and fish have risen faster than overall food prices.<br /><br />At relatively low levels of per capita income, carbohydrate-rich diets, based on cereals such as wheat and rice, dominate protein-based diets. This trend is showing signs of reversing with rising incomes. As incomes cross an inflection point, this pattern changes and protein-rich foods begin to dominate carbohydrate sources. Eminent economist and former RBI deputy governor Subir Gokarn has estimated this at Rs 580-690 per month in rural areas and Rs 1,100-1,380 in urban areas.<br /><br />The reasons for a spike in the prices of pluses this year are weather-induced shocks as well as possible illegal hoarding. The spring storms and the back-to-back droughts have hit the output. Since India also relies on imports to meet its domestic demand, any weather shock results in a big jump in prices.<br /><br />The output of lentil is estimated to have fallen to 17.38 million tonnes in the 2014-15 crop cycle, which usually starts in July and ends in June, from 19.25 million tonnes in the previous year.<br /><br />Hailstorms during March and April shrunk the sown area by 10 million hectares. The Centre has now decided to import about 10,000 tonnes of pulses to shore up supplies. This has been backed up with stock limits for traders and even retail stockists such as departmental stores, and a crackdown on hoarders.<br /><br />Though fine, these are knee-jerk reactive responses. An efficient administrative and policy mechanism is one that has systems to deal with price shocks.<br /><br />The good news is that the government has decided to create a buffer stock of 40,000 tonnes, to deal with exigency situations. More such steps, like a dedicated price stabilisation fund for pulses alone, are required.</div>                                                           
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The alleged lynching of a truck driver who was ferrying pulses by a mob recently in UP is a sad commentary about India&rsquo;s inadequate price management systems. Wholesale prices, which plunged for the 11th straight month in September, could..."/>
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                            <div align="justify">-Hindustan Times<br /><br />The alleged lynching of a truck driver who was ferrying pulses by a mob recently in UP is a sad commentary about India&rsquo;s inadequate price management systems. Wholesale prices, which plunged for the 11th straight month in September, could be masking a worrisome rise in food prices, leaving consumers to wonder why &mdash; even with declining inflation &mdash; their household budgets are spinning out of control.<br /><br />After onion, the prices of pulses &mdash; a source of protein for every Indian &mdash; are now at a five-year high in some parts of the country. Arhar or tur dal is retailing at more than Rs 200 a kg in some regions, while the national average of lentil is hovering around Rs 160 a kg, more than double of last year&rsquo;s price of Rs 75 a kg. There is a danger of killing over food following the recent lynching over faith.<br /><br />The focus is changing from the basic needs of nutrition such as rice and coarse grains to more aspirational products like protein-rich eggs, meat and fish. This is a sustaining demand in an economy in which supply shortage was the key driver of inflation in the past. The recent price data show that the prices of pulses, milk, eggs and fish have risen faster than overall food prices.<br /><br />At relatively low levels of per capita income, carbohydrate-rich diets, based on cereals such as wheat and rice, dominate protein-based diets. This trend is showing signs of reversing with rising incomes. As incomes cross an inflection point, this pattern changes and protein-rich foods begin to dominate carbohydrate sources. Eminent economist and former RBI deputy governor Subir Gokarn has estimated this at Rs 580-690 per month in rural areas and Rs 1,100-1,380 in urban areas.<br /><br />The reasons for a spike in the prices of pluses this year are weather-induced shocks as well as possible illegal hoarding. The spring storms and the back-to-back droughts have hit the output. Since India also relies on imports to meet its domestic demand, any weather shock results in a big jump in prices.<br /><br />The output of lentil is estimated to have fallen to 17.38 million tonnes in the 2014-15 crop cycle, which usually starts in July and ends in June, from 19.25 million tonnes in the previous year.<br /><br />Hailstorms during March and April shrunk the sown area by 10 million hectares. The Centre has now decided to import about 10,000 tonnes of pulses to shore up supplies. This has been backed up with stock limits for traders and even retail stockists such as departmental stores, and a crackdown on hoarders.<br /><br />Though fine, these are knee-jerk reactive responses. An efficient administrative and policy mechanism is one that has systems to deal with price shocks.<br /><br />The good news is that the government has decided to create a buffer stock of 40,000 tonnes, to deal with exigency situations. More such steps, like a dedicated price stabilisation fund for pulses alone, are required.</div>                                                           
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        LATEST NEWS UPDATES | Price stabilisation fund for pulses can keep consumer budget in check    </title>
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-Hindustan Times

The alleged lynching of a truck driver who was ferrying pulses by a mob recently in UP is a sad commentary about India&rsquo;s inadequate price management systems. Wholesale prices, which plunged for the 11th straight month in September, could..."/>
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The alleged lynching of a truck driver who was ferrying pulses by a mob recently in UP is a sad commentary about India&rsquo;s inadequate price management systems. Wholesale prices, which plunged for the 11th straight month in September, could..." />
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                            <div align="justify">-Hindustan Times<br /><br />The alleged lynching of a truck driver who was ferrying pulses by a mob recently in UP is a sad commentary about India&rsquo;s inadequate price management systems. Wholesale prices, which plunged for the 11th straight month in September, could be masking a worrisome rise in food prices, leaving consumers to wonder why &mdash; even with declining inflation &mdash; their household budgets are spinning out of control.<br /><br />After onion, the prices of pulses &mdash; a source of protein for every Indian &mdash; are now at a five-year high in some parts of the country. Arhar or tur dal is retailing at more than Rs 200 a kg in some regions, while the national average of lentil is hovering around Rs 160 a kg, more than double of last year&rsquo;s price of Rs 75 a kg. There is a danger of killing over food following the recent lynching over faith.<br /><br />The focus is changing from the basic needs of nutrition such as rice and coarse grains to more aspirational products like protein-rich eggs, meat and fish. This is a sustaining demand in an economy in which supply shortage was the key driver of inflation in the past. The recent price data show that the prices of pulses, milk, eggs and fish have risen faster than overall food prices.<br /><br />At relatively low levels of per capita income, carbohydrate-rich diets, based on cereals such as wheat and rice, dominate protein-based diets. This trend is showing signs of reversing with rising incomes. As incomes cross an inflection point, this pattern changes and protein-rich foods begin to dominate carbohydrate sources. Eminent economist and former RBI deputy governor Subir Gokarn has estimated this at Rs 580-690 per month in rural areas and Rs 1,100-1,380 in urban areas.<br /><br />The reasons for a spike in the prices of pluses this year are weather-induced shocks as well as possible illegal hoarding. The spring storms and the back-to-back droughts have hit the output. Since India also relies on imports to meet its domestic demand, any weather shock results in a big jump in prices.<br /><br />The output of lentil is estimated to have fallen to 17.38 million tonnes in the 2014-15 crop cycle, which usually starts in July and ends in June, from 19.25 million tonnes in the previous year.<br /><br />Hailstorms during March and April shrunk the sown area by 10 million hectares. The Centre has now decided to import about 10,000 tonnes of pulses to shore up supplies. This has been backed up with stock limits for traders and even retail stockists such as departmental stores, and a crackdown on hoarders.<br /><br />Though fine, these are knee-jerk reactive responses. An efficient administrative and policy mechanism is one that has systems to deal with price shocks.<br /><br />The good news is that the government has decided to create a buffer stock of 40,000 tonnes, to deal with exigency situations. More such steps, like a dedicated price stabilisation fund for pulses alone, are required.</div>                                                           
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    <br><a href="http://www.hindustantimes.com/editorials/price-stabilisation-fund-for-pulses-can-keep-consumer-budget-in-check/story-FfQu4pJhFDqO1wMyWlZ71M.html" class="re" target="_blank">Hindustan Times, 22 October, 2015, http://www.hindustantimes.com/editorials/price-stabilisation-fund-for-pulses-can-keep-consumer-budget-in-check/story-FfQu4pJhFDqO1wMyWlZ71M.html</a><div class="clear"></div>
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Home हिन्दी

Price stabilisation fund for pulses can keep consumer budget in check

Published on Oct 23, 2015   Modified on Oct 23, 2015

-Hindustan Times The alleged lynching of a truck driver who was ferrying pulses by a mob recently in UP is a sad commentary about India’s inadequate price management systems. Wholesale prices, which plunged for the 11th straight month in September, could be masking a worrisome rise in food prices, leaving consumers to wonder why — even with declining inflation — their household budgets are spinning out of control. After onion, the prices of pulses — a source of protein for every Indian — are now at a five-year high in some parts of the country. Arhar or tur dal is retailing at more than Rs 200 a kg in some regions, while the national average of lentil is hovering around Rs 160 a kg, more than double of last year’s price of Rs 75 a kg. There is a danger of killing over food following the recent lynching over faith. The focus is changing from the basic needs of nutrition such as rice and coarse grains to more aspirational products like protein-rich eggs, meat and fish. This is a sustaining demand in an economy in which supply shortage was the key driver of inflation in the past. The recent price data show that the prices of pulses, milk, eggs and fish have risen faster than overall food prices. At relatively low levels of per capita income, carbohydrate-rich diets, based on cereals such as wheat and rice, dominate protein-based diets. This trend is showing signs of reversing with rising incomes. As incomes cross an inflection point, this pattern changes and protein-rich foods begin to dominate carbohydrate sources. Eminent economist and former RBI deputy governor Subir Gokarn has estimated this at Rs 580-690 per month in rural areas and Rs 1,100-1,380 in urban areas. The reasons for a spike in the prices of pluses this year are weather-induced shocks as well as possible illegal hoarding. The spring storms and the back-to-back droughts have hit the output. Since India also relies on imports to meet its domestic demand, any weather shock results in a big jump in prices. The output of lentil is estimated to have fallen to 17.38 million tonnes in the 2014-15 crop cycle, which usually starts in July and ends in June, from 19.25 million tonnes in the previous year. Hailstorms during March and April shrunk the sown area by 10 million hectares. The Centre has now decided to import about 10,000 tonnes of pulses to shore up supplies. This has been backed up with stock limits for traders and even retail stockists such as departmental stores, and a crackdown on hoarders. Though fine, these are knee-jerk reactive responses. An efficient administrative and policy mechanism is one that has systems to deal with price shocks. The good news is that the government has decided to create a buffer stock of 40,000 tonnes, to deal with exigency situations. More such steps, like a dedicated price stabilisation fund for pulses alone, are required.

Hindustan Times, 22 October, 2015, http://www.hindustantimes.com/editorials/price-stabilisation-fund-for-pulses-can-keep-consumer-budget-in-check/story-FfQu4pJhFDqO1wMyWlZ71M.html

Tagged with: food prices food inflation Inflation price rise Dal Pulses

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