-Hindustan Times Commerce minister Nirmala Sitharaman has said that the WTO will have to give a permanent solution to India’s food security issue. HT explains. * What has WTO got to do with food security? The World Trade Organisation was established in 1995 to facilitate trade among members, who now number at 161. The WTO facilitates trade through rounds of negotiations — there have been nine rounds till now, the latest being the...
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Keeping a finger on the pulse economy -Yoginder K Alagh
-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...
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 »Recipe for failure
-The Hindu Business Line Our pulses trade and output policies are made with the wrong ingredients The present spike in prices of pulses is a fallout of both structural and short-term factors. Years of flawed production and trade policies, along with the absence of technological breakthroughs to improve yields, have led to stagnation in output. The retail prices of pulses have galloped along at a faster rate ever since the fourth advance...
More »Centre may end stock limit exemption for dal exporters -Dipak Kumar Dash
-The Times of India NEW DELHI: The government proposes to end exemptions on stock limits of pulses for exporters, food processors and large retailers with multiple outlets, which is being seen as a desperate attempt to deal with the spiraling prices. Sources said it was discussed at a meeting chaired by the cabinet secretary on Friday in the presence of officials of other departments. The cabinet secretariat has asked the consumer affairs...
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