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The Centre could provide relief from rising fuel prices by cutting taxes, but here's why it may not -Nitin Sethi and Mayank Jain

-Scroll.in The price of petrol and diesel remains as high even though the cost of importing crude oil has halved from 2011. In 2011 when the cost of oil being imported by India was averaging above $100 per barrel, the retail price that citizens paid for petrol in Delhi averaged Rs 65 per litre. But today, when the cost of importing oil is substantially lower at an average of $50 per...

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PSUs told to pay for govt's 3rd anniversary events -Dipak K Dash

-The Times of India NEW DELHI: The Centre has asked PSUs and government entities to pick up the tab for functions to mark three years of the Modi government across 543 districts where events called "Sabka Saath, Sabka Vikas Sammelan" are being held from May 27 to June 18. According to an official communication to 45 such entities, the objectives of these programmes have been set out as informing the public about...

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No feel for the pulse -Ashok Gulati & Siraj Hussain

-The Indian Express The government has failed to provide the right incentives to farmers India’s quest for self-sufficiency in pulses goes back, at least, to 1990-1991, when pulses were incorporated in the technology mission on oilseeds. In 1992, and 1995-1996, oil palm and maize were added to the mission, which was re-christened the Integrated Scheme on Oilseeds, Pulses, Oil palm and Maize (ISOPOM). In 2007, ISOPOM’s pulses component was merged with...

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Govt may increase MSP for rabi crops by 10% -Sandip Das

-The Financial Express Likely to give bonus of up to Rs 425 per quintal on pulses In a bid to boost production of pulses and oilseeds, the government is likely to announce 5 to 10% hike in minimum support price (MSP) for the rabi crops, including wheat, barley, gram, masur and mustard, for the 2016-17 season besides a bonus on pulses in the range of Rs 250 to Rs 425 per quintal. Sources...

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Pulses output lowest in six years, show latest estimates -Sayantan Bera

-Livemint.com Overall foodgrain output, however, rose marginally to 252.22 mt in FY16, farm ministry’s advance estimates show New Delhi: The crippling drought over the past year failed to impact India’s overall foodgrain production but led to the lowest production of pulses in six years, showed the fourth advance estimates released by the agriculture ministry on Tuesday. In fact, according to the ministry, foodgrain production rose marginally—from 252.02 million tonnes (mt) in 2014-15 to 252.22...

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