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Fixing the pulses deficit

-The Hindu While the economy’s revival is still a work in progress, higher food prices, especially of pulses, are affecting nutritional intake across India. The government is counting on a good monsoon season to spur growth and cool down the prices of essential food items. Economic Affairs Secretary Shaktikanta Das said on Thursday that the government’s move to raise the minimum support price for pulses is expected to help push up...

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India hopeful of long-term pulses supply from Mozambique

-PTI New Delhi: Under pressure to control pulses prices, the Centre is hopeful of clinching a long-term deal with Mozambique for assured supply of lentils after the two countries had positive talks last week. Indian delegations last week visited pulses growing nations, Mozambique and Myanmar, to explore government-to- government arrangement for assured supply of lentils, especially tur, on a long term basis. "The delegation is back with long term solution in sight. The...

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FDI in food trade sans infra creation ‘rider’ irks Food Processing Ministry -Aditi Nigam

-The Hindu Business Line ‘Astonished’ RSS-backed farmers’ body seeks immediate roll-back New Delhi: The Centre’s nod for 100 per cent foreign direct investment (FDI) in trading of food products with “no riders”, has not only raised the hackles of the Food Processing Ministry, which has been pushing for 15 per cent mandatory investment in creation of back-end infrastructure to reduce wastage and create jobs, but has also irked farmers organisations, such as...

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Pulses hit Rs 200/kg: Govt curbs cartels and futures trade, raises buffer

-PTI New Delhi: As pulses continued to soar to touch up to Rs 200 per kg, intelligence agencies were on Thursday asked to crack down on cartels, while futures trade was curbed to check speculation and buffer stock was hiked over 5-times to 8 lakh tonnes to boost supply in a multi-pronged approach. Efforts were also beefed up to sell larger quantities of pulses at highly-subsidised rates through government agencies and outlets,...

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Govt cracks the whip on price rise -Sanjeeb Mukherjee

-Business Standard In last one month, chana futures prices have risen 17.37 per cent and on Thursday it closed at Rs. 6812 per quintal on NCDEX New Delhi: The government has launched a multi-pronged drive against price rise of essential commodities with different agencies doing their bit to ensure smooth supply and action against hoarders as well as profiteers. Market regulator Securities and Exchange Board of India (Sebi) on Thursday barred launch of...

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