-The Economic Times NEW DELHI: The government has set up a committee to review the minimum support price (MSP) and bonus for pulses to promote cultivation of the staple commodity which has seen a fresh spike in prices. The decision came after an inter-ministerial review meeting headed by finance minister Arun Jaitley on Monday that was attended by food minister Ram Vilas Paswan and urban development minister M Venkaiah Naidu. The Chief Economic...
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Govt cracks the whip on price rise -Sanjeeb Mukherjee
-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...
More »Pulses hit Rs 200/kg: Govt curbs cartels and futures trade, raises buffer
-PTI New Delhi: As pulses continued to soar to touch up to Rs 200 per kg, intelligence agencies were on Thursday asked to crack down on cartels, while futures trade was curbed to check speculation and buffer stock was hiked over 5-times to 8 lakh tonnes to boost supply in a multi-pronged approach. Efforts were also beefed up to sell larger quantities of pulses at highly-subsidised rates through government agencies and outlets,...
More »In a year of flat food output, pulses poses inflation worry -Zia Haq
-Hindustan Times India’s below-average and a largely flat food production this year is sure to keep prices of pulses high, prompting the government to take a slew of steps aimed at taming prices. Yet there is widening demand-supply deficit of one of the commonest protein item on an average Indian’s plate. * What happened? Lentils, the commonest protein item in an average Indian’s meal, are low on supplies. * What does it mean? Pulses could...
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-The Hindu Business Line A national platform for agri-produce can be a game-changer. But persuading States is key Most political regimes in India brand themselves as pro-farmer, and so it is ironic that the country’s market for agricultural produce is among its least liberalised. Given the perishable nature of agri-produce, the farmer is already up against structural constraints such as lack of scale economies and the rudimentary state of storage and logistics...
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