-The Financial Express The plan to build a buffer stock of pulses, akin to such facilities for rice and wheat, has run into a hurdle after the agriculture ministry insisted that only lentils that meet the Food Safety and Standards Authority of India. The plan to build a buffer stock of pulses, akin to such facilities for rice and wheat, has run into a hurdle after the agriculture ministry insisted that only...
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Centre hikes pulses MSP but experts say too little, too late
-The Indian Express The minimum support price (MSP) for the two pulse crops has been raised by Rs 250 per quintal over their levels in the 2014-15 rabi season. In a bid to encourage farmers to grow more pulses amidst soaring dal rates, the Centre Thursday increased the procurement price of chana (gram) and masur (lentil) planted in the current rabi season by around 10.5 per cent. The minimum support price (MSP) for...
More »They don’t go to the field -Harish Damodaran
-The Indian Express There is a worrying dearth of Indian economists working on agriculture today. In his classic Money: Whence It Came, Where It Went, John Kenneth Galbraith observed how the economics profession had a well-defined order of precedence. At the top were the economic theorists and specialists in banking and finance. At the bottom of the hierarchy were agricultural economists. George F. Warren from Cornell University was even worse — a...
More »Onion Prices Start Rising Again on Tight Supply
-Outlook Onion prices at Lasalgaon in Maharashtra, Asia's biggest wholesale market for the staple, have started rising again due to supply concerns as the old stock has been exhausted, while the fresh kharif crop this year is expected to be 25-30 per cent lower. Onion price, which had touched the record Rs 57 per kg in August at Lasalgoan, showed a declining trend after the Centre took several steps including hike in...
More »Govt may up MSP of pulses by 200-300
-The Times of India NEW DELHI: In its bid to push farming of pulses, the government is likely to increase the minimum support price (MSP) of the key kitchen item substantially. Sources said the MSP would be raised by Rs 200-300 per quintal in the case of gram or chickpea and lentil, which will be reaching the market from next month onwards. The sources said the assured price to farmers would also...
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