-The Economic Times Where does a 12 per cent decline translate as 100 per cent increase? In the bizarre world of India's food math. Production of pulses slipped down by 12 per cent in 2014-15 compared to the previous year. As a result, prices of this essential item have zoomed up by more than 100 per cent across the country. The government is scrambling to retrieve the situation, especially because an...
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Price stabilisation fund for pulses can keep consumer budget in check
-Hindustan Times The alleged lynching of a truck driver who was ferrying pulses by a mob recently in UP is a sad commentary about India’s inadequate price management systems. Wholesale prices, which plunged for the 11th straight month in September, could be masking a worrisome rise in food prices, leaving consumers to wonder why — even with declining inflation — their household budgets are spinning out of control. After onion, the prices...
More »36,000 tonnes of pulses seized from hoarders, says Jaitley -Sayantan Bera and Mayank Aggarwal
-Livemint.com Cabinet reviews anti-hoarding measures taken by states, discusses ways to improve supplies and control spurt in prices New Delhi: With retail prices of pulses showing no signs of a climbdown, the Union cabinet on Wednesday reviewed anti-hoarding measures taken by states and discussed ways to improve supplies and control the spurt in prices. Later, finance minister Arun Jaitley chaired an inter-ministerial group meeting and said that at the centre’s insistence, states...
More »Dal ka tadka after gai pe charcha in Bihar -Sanjay Ojha & Sheezan Nezami
-The Times of India PATNA: After beef and quota controversies, the issue of escalating pulse prices has taken centre stage in campaigning for the Bihar assembly election. While Union ministers Ram Vilas Paswan and Radha Mohan Singh have offered to bring down pulse prices by 50% within two days after NDA comes to power in the state, the Nitish Kumar government says the Centre is not serious about bringing down the prices...
More »Winter monsoon set to quench southern states -Zia Haq
-Hindustan Times India’s back-to-back drought is likely to end in winter with the weather department predicting higher-than-normal rainfall between October and December in the southern part of the country and normal rains in the rest, boosting prospects of the winter harvest. The rabi, or winter-sown, season is vital since it accounts for nearly half the country’s total food output. The forecast eases worries about water shortages in the nation’s 89 nationally important...
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