-Livemint.com At present, the government procures about 1.5 lakh tonnes of pulses, and this will be enhanced to eight lakh tonnes New Delhi: In a significant decision to tame rising pulse prices, the Centre has decided to raise buffer stocks by over five times. At present, the government procures about 1.5 lakh tonnes of pulses, and this will be enhanced to eight lakh tonnes. The decision was taken at a high-level meeting...
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Centre plans to import pulses to check prices
-The Hindu Finance Minister Arun Jaitley, on Wednesday, held an inter-ministerial meeting to discuss the spiralling prices of food and carve out a strategy to cool inflation. Food Minister Ram Vilas Paswan, Agriculture Minister Radha Mohan Singh, Commerce Minister Nirmala Sitharaman and Urban Development Minister Venkaiah Naidu attended the meeting. Chief Economic Advisor Arvind Subramanian was also present. During the meeting, discussions were held to devise ways to meet the gap between demand...
More »Retail inflation inches up to 5.76 per cent in May -KR Srivats
-The Hindu Business Line New Delhi: A sharp spike in food articles inflation has led to May retail inflation inching up to 5.76 percent, weakening prospects of any RBI repo rate cut in August. This May 2016 print is higher than retail inflation of 5.01 percent in May last year and 5.47 percent in April this year. Food articles inflation jumped to 7.55 percent in May 2016 from 6.40 percent in previous month. The...
More »Once called 'orphan crops,' pulses and millets are new stars -Kevin Tiessen
-IANSLive.in Once relegated to the status of "orphan crops," pulses and millets are currently a subject of tremendous interest among the global community. pulse crops, millets and a host of other local cereals, vegetables, and fruits are of vital importance to the world's poor. It is no surprise, therefore, that development agencies working in the area of agriculture -- like mine -- have moved beyond the traditional "stars" of food research -...
More »Govt hints at lower hikes in support prices for farmers -Zia Haq
-Hindustan Times The government could move away from large hikes in support prices for farmers, agriculture minister Radha Mohan Singh hinted on Wednesday, signalling a key farm policy shift aimed at rationalising subsidies and taming inflation. The minister said some people thought the “only way to shore up farmer income is through minimum support prices”. “Wrong. This alone won’t do unless farmers diversify their activities into livestock, kitchen gardens, fishery etc. That’s our...
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