-Hindustan Times New Delhi: The government is readying a new policy framework to rein in the inflationary impact and stabilise the supply of pulses, a widely consumed but scarce food item with economy-wide implications. Three ministries – agriculture, food and finance – and the state-run policy think-tank Niti Aayog are coordinating efforts to frame the new measures that will see the government step in as one of the key importers of pulses. “The...
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Fact Check: Understanding the data on flowing milk, booming agricultural output -Harish Damodaran
-The Indian Express Agriculture Ministry’s harvest estimates don’t square with drought conditions in several cases, raise serious questions of credibility. We have had two consecutive drought years, yet India’s milk production, according to the Agriculture Ministry, has risen from 137.69 million tonnes (mt) in 2013-14 to 146.31 mt in 2014-15 and 160.35 mt in 2015-16. Never before has the country’s milk output grown at these rates — that too, in the face...
More »Government taking measures to control prices of pulses
-PTI NEW DELHI: With pulses still ruling as high as Rs 200 per kg, the government today said it is taking several measures to boost domestic output and imports, besides taking action against hoarders to control rates. "The central government is taking several measures to control the price rise of pulses," Agriculture Ministry said in a statement. "On one hand, the government is trying to give relief to citizens by importing pulses from...
More »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...
More »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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