-The Telegraph New Delhi: A month has gone by since the Supreme Court issued directions to tackle drought but it is "business as usual" for the Centre and the affected states, civil society organisations have said. Worse, government intervention is even less than what it used to be in colonial times, they said. A quarter of the country is drought-hit at present. On May 11, the apex court had pronounced the Centre guilty...
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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...
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 »Agriculture Reform: Breaking the trader cartel -Partha Sarathi Biswas
-The Indian Express After Delhi, it is Maharashtra’s turn to attempt liberating fruits & vegetables from APMC shackles. Pune/ Vashi: Spread over 70 hectares land off the Old Mumbai-Pune highway, it’s a place where more than Rs 10,000 crore worth of fruits, vegetables and other farm produce gets traded annually. But right now, it’s also the scene of a prabodhan, a mass awakening campaign by traders and commission agents that could gather...
More »Centre plans to import pulses to check prices
-The Hindu Finance Minister Arun Jaitley, on Wednesday, held an inter-ministerial meeting to discuss the spiralling prices of food and carve out a strategy to cool inflation. Food Minister Ram Vilas Paswan, Agriculture Minister Radha Mohan Singh, Commerce Minister Nirmala Sitharaman and Urban Development Minister Venkaiah Naidu attended the meeting. Chief Economic Advisor Arvind Subramanian was also present. During the meeting, discussions were held to devise ways to meet the gap between demand...
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