-Livemint.com Spoilage and pilferage are not something the country can afford given its low ranking in the hunger index The Reserve Bank of India (RBI) recently approved a proposal to restructure around Rs30,000 crore of food credit given to Punjab state agencies, allowing for the conversion of cash credit into a 20-year loan at a lower interest rate. The central bank also sanctioned a cash credit limit of Rs26,000 crore for this...

-PTI This rule will apply to essential commodities that are sold both in loose and packaged form in retail markets To check inflation, the government has amended the metrology rules which would allow it to fix retail prices of essential commodities like pulses and sugar in extraordinary situations. Under the present system, retail prices are fixed by market forces, leaving very little room for the government to check undue spike in prices. “We have...

-Livemint.com Pulses are important from the perspectives of food security, environmental sustainability and balanced nutrition Most pulses such as pigeon pea (tur dal), black gram (urad), green gram (mung), field beans (waal), moth beans (matki) and horse gram (kulith) are native to the Indian subcontinent and have been an integral part of our diet for centuries. However, the single-minded focus on cereals over the last 50 years—the green revolution in wheat and...

-The Financial Express There are several facets to India’s weak pulse economy. Nevertheless, it is a glorious moment for the country as pulse production is expected around 22 million tonnes in FY17 surpassing all previous records. According to the initial estimates of the agriculture ministry, kharif production will reach 8.2 million tonnes against 5.4 million tonnes recorded in the last fiscal. This would be possible due to higher allocation of land to...

-Livemint.com The problem could be most acute for pulses with production hitting a record high but prices falling below the govt’s minimum support prices New Delhi: Following consecutive years of drought, India is set to harvest a record crop of foodgrains but farm incomes could take a hit due to falling wholesale prices. The problem could be most acute for pulses with production hitting a record high but prices falling below the...