-The Tribune To ensure stable prices of pulses and attractive returns for producers, policies of domestic prices and tariffs should blend. Import duties must be calibrated with demand. As the Indian economy grows at a rate of 7 per cent plus, assuming low growth as an aberration, the food basket will diversify. Within grains, the movement will be to pulses as shown by the expert group on pulse production. The yield and...
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Unpaid subsidy means FCI to be starved of funds by December -Sandip Das
-The Financial Express Come January, Food Corporation of India (FCI), under a severe financial crunch, may be forced to trim its procurement operations. Come January, Food Corporation of India (FCI), under a severe financial crunch, may be forced to trim its procurement operations. Unless the finance ministry releases a good part of the unpaid subsidy of Rs 58,000 crore or let Life Insurance Corporation raise Rs 40,000 crore to support FCI soon,...
More »Importers offer to supply dal for Rs. 135 -Gargi Parsai
-The Hindu Retail prices of pulses skyrocket; raids unearth 50,000 tonnes. Even as the government intensified its crackdown on hoarders to rein in the prices of pulses in the retail market, importers on Friday urged the government to exempt them from stockholding limits. With their request came the offer that they would supply 100 tonnes of imported dal at Rs.135 per kg every day to hold the price line. Imposing stock limits...
More »Government in overdrive to rein in prices of pulses -Dilip Kumar Jha & Sanjeeb Mukherjee
-Business Standard Plans to enhance buffer stock to 500,000 tonnes; Gujarat exempts importers from stock limit Even as retail prices of pulses continued to exceed Rs 200 a kg in some cities, the Centre stepped up its countrywide crackdown on hoarders and black marketers. The central government claims to have seized around 50,000 tonnes of pulses so far from 10 states, about 15,000 tonnes in the last few days alone. Officials say the...
More »Price stabilisation fund for pulses can keep consumer budget in check
-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...
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