-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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Well-stocked granaries may help hold rice price line, says trade body -Vikas Vasudeva
-The Hindu But an Assocham study has warned of an increase in prices Amid concern that the price of rice may be next to shoot up after those of pulses and onion, trade bodies put forth divergent views. V.S. Sethia, former president and currently a governing council member of the All-India Rice Export Association, told The Hindu that apprehensions of a sharp rise in rice price were baseless as ample stock of regular...
More »They don’t go to the field -Harish Damodaran
-The Indian Express There is a worrying dearth of Indian economists working on agriculture today. In his classic Money: Whence It Came, Where It Went, John Kenneth Galbraith observed how the economics profession had a well-defined order of precedence. At the top were the economic theorists and specialists in banking and finance. At the bottom of the hierarchy were agricultural economists. George F. Warren from Cornell University was even worse — a...
More »The pulses crisis: why reinvent the wheel? -Roshan Kishore
-Livemint.com The shortfall in pulse production is expected to be around 2 million tonnes this year Under siege over sky-rocketing pulse prices, especially when the crucial Bihar elections are underway, the Centre initially blamed the state governments for the situation at hand for failing to crack down on hoarders. According to news reports, more than 80,000 tonnes of pulses have been recovered in raids across states in the last week or...
More »Order on pulses stock limit not trade distortion, India tells US
-PTI The issue was raised by the American side during the US-India Trade Policy Forum meeting Washington: India has said that the recent order that removed "stock limit exemptions" for pulses held by importers as part of its effort to address the shortage of pulses and prevent undue hoarding is "not a trade distortion". The issue was raised by the American side during the US-India Trade Policy Forum meeting here after the US...
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