-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...

-PTI India Meteorological Department (IMD) has projected an “above normal” rainfall this year. New Delhi: With the onset of South-West monsoon, the government expects sowing operations to gain momentum that will lead to higher production this year after two successive droughts. After a delay of almost seven days, Southwest Monsoon finally hit Kerala today. India Meteorological Department (IMD) has projected an “above normal” rainfall this year. “The monsoon is arriving at almost the same...

-The Indian Express In 2015-16, India imported a record 5.79 million tonnes (mt) of pulses valued at $ 3.9 billion, with these being even higher at 15.57 mt ($ 10.49 billion) in the case of edible oils. The Narendra Modi government has done well to hike the minimum support prices (MSP) of pulses to be grown this kharif season by 7.7-9.2 per cent, over and above the 5.4-6.3 per cent last...

-Business Standard Private weather forecast agency revises estimate to 109% of LPA As the country awaits the arrival of the southwest monsoon after two years of drought, private weather forecasting agency Skymet on Tuesday revised upward its 2016 southwest monsoon forecast to 109 per cent of the long period average (LPA) from 105 predicted in April. The forecast, if accurate, would mean that India might have its highest southwest monsoon since 1994 and...

-Livemint.com A look at the past three budgets shows that the government took note of the crisis only in 2016 On 24 April 2014, about a month before Narendra Modi-led National Democratic Alliance (NDA) formed a new government at the centre, the India Meteorological Department made an ominous forecast. The four-month-long southwest monsoon which irrigates more than half of India’s farmlands was likely to be deficient. Over the next few months the...