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Centre allows Pulses import despite overflowing godowns -Priscilla Jebaraj

-The Hindu Farmers have been staging protests as domestic prices are falling on the back of a glut last year and an expected good harvest following a good monsoon New Delhi: The Union government has allotted quotas for import of Pulses and is enforcing an additional import agreement with Mozambique at a time when domestic stocks are at their highest, domestic production is expected to be high and prices are crashing. Farmers...

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The Age of Surplus -Harish Damodaran

-The Indian Express We have, indeed, entered a regime of “permanent surpluses” in most crops — a reality our policymakers are unable to grasp, stuck as they are in the era of the Essential Commodities Act. If there is one thing that has changed in Indian agriculture in recent times, it is supply response — the ability of farmers to increase production when prices go up. Traditionally, the supply curve in most...

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Mining and agriculture lag behind other sectors in terms of GVA growth in Jan-Mar '18

The country’s agrarian sector in the last financial year expanded at almost half the rate at which it grew in 2016-17, shows the recently released provisional estimates by the Central Statistics Office (CSO). As compared to a growth rate of 6.3 percent witnessed in 2016-17, the growth rate in real Gross Value Added (GVA) by the agrarian sector (i.e., increase in agricultural GVA after neutralizing the effect of price inflation)...

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Does growth in Pulses output mean India has reached self-sufficiency? -Harish Damodaran

-The Indian Express India’s Pulses production increased by nearly half in the space of two years, from 16-17 million tonnes to 23-24 million tonnes this year New Delhi: Till recently, there were two agri-commodities in which India was seen as being perpetually and increasingly import-dependent: edible oils and Pulses. Between 2010-11 and 2016-17, the import value of the former soared from $4.72 billion to $10.89 billion, while from $2.25 billion to $4.24...

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A new problem of plenty: Protein excess -Parthasarathi Biswas

-The Indian Express Government godowns are, for the first time, bursting at the seams with Pulses on record procurement Pune: When in mid-December, Anand Pawar decided to register the standing tur (pigeon-pea) on 10 out of his 50-acre holding with the Maharashtra State Cooperative Marketing Federation’s purchase centre at Latur, he was quite hopeful of realising the government’s minimum support price (MSP) of Rs 5,450 per quintal for the soon-to-be-harvested crop. At...

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