-The Financial Express Just implement the CACP report on this Given how the prices of pulses have been in the Rs 150-200 per kg range in the last year, it is not surprising the government is trying to augment production—the measures include more imports and relooking the minimum support price (MSP) and assured procurement. What makes little sense, though, is setting up of another committee under chief economic advisor Arvind Subramanian to...
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Govt to import 2 mt of urea to meet kharif demand
-PTI New Delhi: To meet the demand for fertiliser in the ongoing kharif season, the government has contracted 2 million tonnes of urea import for delivery by the month-end. India is dependent on urea imports as domestic output is lower than the demand. Overseas purchase is being done via three state trading enterprises — STC, MMTC and IPL. “Our urea requirement is 2.5 million tonnes for this kharif season. We have finalised imports...
More »Feeling the pulses pinch -Ramesh Chand & Shambhavi Sharan
-The Hindu As cereal consumption comes down despite higher output, India needs to ramp up production of pulses to meet the nutritional requirements of the population. Since the onset of the Green Revolution in the late 1960s, India has been treading on a path towards self-sufficiency in food. The achievements have remained highly skewed towards wheat and rice on account of technological as well as policy support towards these two crops. With...
More »India wheat imports seen surging to decade high as supply drops -Pratik Parija
-Livemint.com Imports may total 5 million metric tonnes in 2016-17, the most since 2006-07, according to estimates New Delhi: India may import the most wheat in a decade as output declines in the world’s second-biggest producer. Imports may total 5 million metric tonnes in 2016-17, the most since 2006-07, according to the median estimate of seven traders surveyed by Bloomberg. Production is set to decline 1.8% to 85 million metric tonnes in the...
More »Feeling the pulse
-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...
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