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pulses prices crisis: Another govt panel not a solution

-The Financial Express Just implement the CACP report on this Given how the prices of pulses have been in the Rs 150-200 per kg range in the last year, it is not surprising the government is trying to augment production—the measures include more imports and relooking the minimum support price (MSP) and assured procurement. What makes little sense, though, is setting up of another committee under chief economic advisor Arvind Subramanian to...

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Reading the pulse

-The Indian Express Government committee must work out a sustainable policy framework to address scarcity and inflation in pulses The government’s decision to form a panel headed by chief economic adviser Arvind Subramanian to study and suggest ways to contain the rising prices of pulses is a welcome move. The committee is expected to frame a long-term policy, which will look into various aspects, including the MSP (minimum support price) and bonus...

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Govt to import 2 mt of urea to meet kharif demand

-PTI New Delhi: To meet the demand for fertiliser in the ongoing kharif season, the government has contracted 2 million tonnes of urea import for delivery by the month-end. India is dependent on urea imports as domestic output is lower than the demand. Overseas purchase is being done via three state trading enterprises — STC, MMTC and IPL. “Our urea requirement is 2.5 million tonnes for this kharif season. We have finalised imports...

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Panel set up to review MSP, bonus for pulses

-The Economic Times NEW DELHI: The government has set up a committee to review the minimum support price (MSP) and bonus for pulses to promote cultivation of the staple commodity which has seen a fresh spike in prices. The decision came after an inter-ministerial review meeting headed by finance minister Arun Jaitley on Monday that was attended by food minister Ram Vilas Paswan and urban development minister M Venkaiah Naidu. The Chief Economic...

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MP: Farmers at loss as rain hits soybean crop, re-sowing a must -Manoj Ahuja

-Hindustan Times Indore: Soybean crop has been affected for the third consecutive year in Madhya Pradesh as excessive rain in Satna, Rewa and Bhopal regions will necessitate re-sowing once the water recedes, an agriculture expert said. Madhya Pradesh is the top producer of soybean in the country and accounts for 53% of its production, according to government statistics. “Farmers will have to go for re-sowing wherever there has been water logging in fields...

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