-Livemint.com Radha Mohan Singh says the monsoon this year has been well distributed with 5.3 million hectare more area planted that could see a record production of foodgrains New Delhi: After two years of drought and declining crop production, a record foodgrain production on the back of a well distributed monsoon is expected in 2016-17, agriculture minister Radha Mohan Singh said on Thursday. While pulses production could touch 22 million tonnes, up...
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Pulse buffer stock to be increased to 20 lakh tonnes
-The Hindu The Centre on Monday approved the enhancing of buffer stock of pulses to 20 lakh tonnes so as to stabilise the prices and encourage farmers to scale up production. “The Cabinet Committee on Economic Affairs has approved the proposal of the Department of Consumer Affairs for increasing the buffer stock to 20 lakh tonnes. It will be built through domestic procurement and imports of 10 lakh tonnes each,” an official...
More »Dark clouds over the PDS -Jean Dreze
-The Hindu The imposition of Aadhaar-based biometric authentication in the Public Distribution System threatens to disrupt recent progress with PDS reforms. It also deprives millions of people of essential food entitlements. India’s Public Distribution System (PDS) has improved steadily during the last 10 years. The system used to be most ineffective and corruption-ridden, with leakages of around 50 per cent at the national level, going up to 80 or 90 per cent...
More »Finally, some respite from dal shock -Prerna Sharma
-The Hindu Business Line Good rain, increased acreage and hike in minimum support prices likely to cool prices The Modi government has been struggling over the last two years to contain the unprecedented rise in the prices of pulses, the second-most important food item after cereals. In the interim, prices of tur have more than doubled, and near-doubled in the case of urad and chana. WPI prices for pulses increased 35.76 per...
More »Why restrictions on stockholding and export of pulses must go -Harish Damodaran
-The Indian Express Govt must learn from mistakes in onions and potatoes, agriculture should be spared of bearing the burden of its inflation targeting. Last week, Union Commerce Minister Nirmala Sitharaman announced a 5% subsidy on onion exports in the form of transferable duty credit scrips that can be used to pay customs, excise or service tax. On top of it, the Maharashtra government extended a Rs 100 per quintal grant to...
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