Rising prices of dal: How to deal with it? The 68th session of the United Nations General Assembly declared 2016 as the International Year of Pulses. In India, however, ordinary citizens are under enormous duress due to the skyrocketing prices of dal/ lentils since the last one year. The website of Price Monitoring Cell of the Department of Consumer Affairs shows that dal prices varied across places. For example, the...
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Are retailers to be blamed for the spike in pulse prices? -Sayantan Bera
-Livemint.com The difference between wholesale and retail prices was as high as 52% for a variety of pulses, shows an analysis of available data New Delhi: High prices of pulse varieties have been a constant point of worry for consumers and governments over the past year. While consecutive years of deficit rain cut supplies, leading to higher imports and a spike in prices, what went unnoticed is the divergence between retail...
More »Time to rethink India’s rice policy -Prerna Sharma
-The Hindu Business Line Govt’s production and distribution processes are out of sync with consumption patterns Of late, with growing income and awareness about nutritious food, there has been a noticeable decrease in the consumption of rice (a high-carb food) in Indian households. This change in consumption pattern, however, is not reflected in India’s agriculture policy which continues to revolve around rice and wheat. Moreover, current policies related to production, procurement, storage...
More »Heavy rains bring down prices of pulses -Jayashree Bhosale
-The Economic Times PUNE: Sowing reports from across India's pulses growing regions have indicated a bumper area under the crop tipping domestic and international prices that have corrected over the last 15 days setting a downward trend in prices. A July 26th forecast by National Australia Bank predicted a fall in chick peas and lentils from their peak of $1,200/tonne to $700/tonne by September 2017. The report, however, noted that prices of pulses...
More »Goods and Services Tax (GST), explained
-The Indian Express The Goods and Services Tax (GST), the biggest reform in India’s indirect tax structure since the economy began to be opened up 25 years ago, at last looks set to become reality. The Constitution (122nd) Amendment Bill comes up in Rajya Sabha today, on the back of a broad political consensus and boosted by the ‘good wishes’ of the Congress, which holds the crucial cards on its passage....
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