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Fixing the pulses deficit

-The Hindu While the economy’s revival is still a work in progress, higher food prices, especially of pulses, are affecting nutritional intake across India. The government is counting on a good monsoon season to spur growth and cool down the prices of essential food items. Economic Affairs Secretary Shaktikanta Das said on Thursday that the government’s move to raise the minimum support price for pulses is expected to help push up...

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Pulses hit Rs 200/kg: Govt curbs cartels and futures trade, raises buffer

-PTI New Delhi: As pulses continued to soar to touch up to Rs 200 per kg, intelligence agencies were on Thursday asked to crack down on cartels, while futures trade was curbed to check speculation and buffer stock was hiked over 5-times to 8 lakh tonnes to boost supply in a multi-pronged approach. Efforts were also beefed up to sell larger quantities of pulses at highly-subsidised rates through government agencies and outlets,...

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In a year of flat food output, pulses poses inflation worry -Zia Haq

-Hindustan Times India’s below-average and a largely flat food production this year is sure to keep prices of pulses high, prompting the government to take a slew of steps aimed at taming prices. Yet there is widening demand-supply deficit of one of the commonest protein item on an average Indian’s plate. * What happened? Lentils, the commonest protein item in an average Indian’s meal, are low on supplies. * What does it mean? Pulses could...

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Drought fails to dampen foodgrain output -Sayantan Bera

-Livemint.com New Delhi: Despite widespread drought in 11 states across the country, India’s foodgrain production is actually set to grow marginally, the third advance estimates released by the agriculture ministry on Monday showed. Total foodgrain production in 2015-16 is estimated at 252.23 million tonnes, marginally higher than 252.02 million tonnes produced in 2014-15, the data shows. If the estimates hold up, it would imply that the damage to the agrarian economy is less...

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Global food prices edge up in March; cereal production outlook robust – UN

-United Nations World cereal production in 2016 is set to reach 2,521 million tonnes, just 0.2 per cent below last year’s and the third-highest on record, the United Nations Food and Agriculture Organization (FAO) said today. Large inventory levels and relatively sluggish global demand mean that market conditions for staple food grains appear stable for at least another season, the agency's latest Cereal Supply and Demand Brief predicts. According to the FAO Food...

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