-Business Standard In last one month, chana futures prices have risen 17.37 per cent and on Thursday it closed at Rs. 6812 per quintal on NCDEX New Delhi: The government has launched a multi-pronged drive against price rise of essential commodities with different agencies doing their bit to ensure smooth supply and action against hoarders as well as profiteers. Market regulator Securities and Exchange Board of India (Sebi) on Thursday barred launch of...
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Agriculture Reform: Breaking the trader Cartel -Partha Sarathi Biswas
-The Indian Express After Delhi, it is Maharashtra’s turn to attempt liberating fruits & vegetables from APMC shackles. Pune/ Vashi: Spread over 70 hectares land off the Old Mumbai-Pune highway, it’s a place where more than Rs 10,000 crore worth of fruits, vegetables and other farm produce gets traded annually. But right now, it’s also the scene of a prabodhan, a mass awakening campaign by traders and commission agents that could gather...
More »Chickpeas futures trading may face ban
-The Hindu States asked to exempt pulses from Value Added Tax and other local levies to control prices The government is considering banning futures trading in chana dal (brown chickpeas) and reducing import duty on sugar as part of its efforts to rein in inflation, according to a top official. Higher food prices, led by pulses and sugar, pushed wholesale price inflation into positive territory in April after 17 months of decline while...
More »Cartel hoarding dal stocks abroad to jack up prices: IB -Dipak K Dash
-The Times of India NEW DELHI: The Intelligence Bureau (IB) has alerted the government about importers of pulses resorting to Cartels to make a killing this year on red lentils (masoor). The report has named companies that are buying masoor in large quantities and cornering stocks in Canada, which is the largest exporter of red lentils to India. According to rough estimates, last year dal importers had reportedly made around Rs 3,500...
More »Ramesh Chand, Member, NITI Aayog speaks to Mahendra Kumar Singh & Surojit Gupta
-The Times of India Ramesh Chand has spent over three decades in farm research and teaching agricultural economics and policy. He has now been appointed as a key member of the NITI Aayog to prepare a blueprint for the revival of the agricultural sector. In an interview to TOI, Chand talks about prices, rural distress, role of cutting edge technology and the need for state run institutions in the farm sector....
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