Situation alarming: More than one-third population hit by drought The country is facing severe drought for the second consecutive year. Conservative estimates from official sources show that over a quarter of rural habitations are facing drinking water scarcity. Although both India Meteorological Department and Skymet have predicted a more than normal rainfall during June-September, 2016, the water storage available in 91 major reservoirs of the country has declined from 22 percent...
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Chickpeas futures trading may face ban
-The Hindu States asked to exempt pulses from Value Added Tax and other local levies to control prices The government is considering banning futures trading in chana dal (brown chickpeas) and reducing import duty on sugar as part of its efforts to rein in inflation, according to a top official. Higher food prices, led by pulses and sugar, pushed wholesale price inflation into positive territory in April after 17 months of decline while...
More »Cropping patterns: Game pulses, match sugarcane -Partha Sarathi Biswas
-The Indian Express Why pulses aren’t the first choice of Marathwada’s farmers despite higher prices this time. Latur: About two years ago, Guruling Modi took 10 quintals of tur (pigeon-pea), a crop he had grown for the first time on his two-acre holding, to the market yard at Latur. “I got a price of just Rs 4,200 per quintal, despite my produce being of the best quality. After expenses of Rs 35,000...
More »Why pulses prices are rising -Rajesh Bhayani
-Business Standard Lower output and inadequate policy are some of the reasons Price of pulses has once again started rising with chana trading at Rs 58 per kg in the wholesale market and tur dal set to touch Rs 200 per kg-level in the retail market. Apart from lower crop in India and globally, thoughtless use of policy tools has contributed to the price rise. Government agencies have created a buffer stock of...
More »Activists, Academics Write Open Letter to PM Modi on the Drought
-TheWire.in According to the central government’s statement to the Supreme Court last week, a third of the India’s districts are currently facing a severe drought. This means that at least 33 crore Indians are affected by ongoing the crisis. Expressing their deep concern on the issue and the impact it is having on rural populations of the country, and asking that the government take appropriate relief measures immediately, more than 150 academics...
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