-Hindustan Times New Delhi: The government is readying a new policy framework to rein in the inflationary impact and stabilise the supply of pulses, a widely consumed but scarce food item with economy-wide implications. Three ministries – agriculture, food and finance – and the state-run policy think-tank Niti Aayog are coordinating efforts to frame the new measures that will see the government step in as one of the key importers of pulses. “The...
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Maharashtra farmers can now directly tap wholesalers -Jayashree Bhosale
-The Economic Times PUNE: The Maharashtra Cabinet has given in-principle approval to farmers to sell fruits and vegetables directly to wholesalers, bypassing the APMC mandis. However, it has held back the decision by a few days, handing it over to a cabinet sub-committee. "A cabinet sub-committee will take a decision on the matter in four days. We want to examine different angles such as the risk involved in farmers getting payment when...
More »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,...
More »Govt hints at lower hikes in support prices for farmers -Zia Haq
-Hindustan Times The government could move away from large hikes in support prices for farmers, agriculture minister Radha Mohan Singh hinted on Wednesday, signalling a key farm policy shift aimed at rationalising subsidies and taming inflation. The minister said some people thought the “only way to shore up farmer income is through minimum support prices”. “Wrong. This alone won’t do unless farmers diversify their activities into livestock, kitchen gardens, fishery etc. That’s our...
More »Feeling the pulse
-The Indian Express In 2015-16, India imported a record 5.79 million tonnes (mt) of pulses valued at $ 3.9 billion, with these being even higher at 15.57 mt ($ 10.49 billion) in the case of edible oils. The Narendra Modi government has done well to hike the minimum support prices (MSP) of pulses to be grown this kharif season by 7.7-9.2 per cent, over and above the 5.4-6.3 per cent last...
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