-The Times of India NEW DELHI: The government on Monday decided to Import another 3,000 tonnes of pulses — 2,000 tonnes of arhar and 1,000 tonnes of urad — as retail price of arhar crossed Rs 200 per kg in two southern cities, Mysuru and Puducherry. The daily prices of essential commodities across cities compiled by the consumer affairs department showed arhar selling at Rs 205 per kg in Mysuru and at...
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Govt imposes stock limits on pulses held by big retailers, Importers
-IANS With the common man crying out over the alarming hike in prices of pulses, the government on Sunday also imposed stock limits on pulses sourced from Imports, those held by exporters, those to be used by licensed food processors and those with large departmental retailers. In its earlier order extending the imposition of stock limits on pulses, edible oils and edible oil seeds, for one year up to September 30, 2016,...
More »Recipe for failure
-The Hindu Business Line Our pulses trade and output policies are made with the wrong ingredients The present spike in prices of pulses is a fallout of both structural and short-term factors. Years of flawed production and trade policies, along with the absence of technological breakthroughs to improve yields, have led to stagnation in output. The retail prices of pulses have galloped along at a faster rate ever since the fourth advance...
More »This is no storm in a teacup -Santanu Sanyal
-The Hindu Business Line The entire tea industry in India faces an uncertain future. And young people don’t want to work in tea gardens anymore After a steady run for nearly a decade, the tea industry is now facing tough times. Both, production of gardens in the organised sector and leaf prices are virtually stagnating. And exports no longer hold out much promise. Between January and July this year, all-India production was 553.21...
More »Centre may end stock limit exemption for dal exporters -Dipak Kumar Dash
-The Times of India NEW DELHI: The government proposes to end exemptions on stock limits of pulses for exporters, food processors and large retailers with multiple outlets, which is being seen as a desperate attempt to deal with the spiraling prices. Sources said it was discussed at a meeting chaired by the cabinet secretary on Friday in the presence of officials of other departments. The cabinet secretariat has asked the consumer affairs...
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