-The Times of India Sometimes it's pricey onions driving consumers to tears, at other times, potatoes or pulses. But this summer is different. A triple whammy of scorching tomato and potato prices, alongside pulses — arhar and urad — has wrecked family budgets. In the last two years, arhar prices have doubled while those of urad have increased by around 120%. Even gram (chana dal), which is produced in large quantities and...
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Govt to hike pulses buffer stocks by over five times in bid to tame rising prices -Sayantan Bera
-Livemint.com At present, the government procures about 1.5 lakh tonnes of pulses, and this will be enhanced to eight lakh tonnes New Delhi: In a significant decision to tame rising pulse prices, the Centre has decided to raise buffer stocks by over five times. At present, the government procures about 1.5 lakh tonnes of pulses, and this will be enhanced to eight lakh tonnes. The decision was taken at a high-level meeting...
More »Centre plans to import pulses to check prices
-The Hindu Finance Minister Arun Jaitley, on Wednesday, held an inter-ministerial meeting to discuss the spiralling prices of food and carve out a strategy to cool inflation. Food Minister Ram Vilas Paswan, Agriculture Minister Radha Mohan Singh, Commerce Minister Nirmala Sitharaman and Urban Development Minister Venkaiah Naidu attended the meeting. Chief Economic Advisor Arvind Subramanian was also present. During the meeting, discussions were held to devise ways to meet the gap between demand...
More »Punjab Won’t Fly Unless It Deals With Its Agrarian Crisis -Ashwini K Swain, Gareth Price and Ranjit Singh Ghuman
-TheWire.in Agriculture in the state needs a new paradigm, one that acknowledges the scarcity of interlinked resources and the costs of their use. Recently, experts from Punjab Agricultural University advised farmers in the state to reduce the area taken up by the cultivation of basmati, predicting a crash in basmati prices due to huge carryover stock. Last year, the state produced 18 million tonnes of paddy and contributed a record 9.4 million...
More »Feeling the pulse
-The Indian Express In 2015-16, India imported a record 5.79 million tonnes (mt) of pulses valued at $ 3.9 billion, with these being even higher at 15.57 mt ($ 10.49 billion) in the case of edible oils. The Narendra Modi government has done well to hike the minimum support prices (MSP) of pulses to be grown this kharif season by 7.7-9.2 per cent, over and above the 5.4-6.3 per cent last...
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