India, the world’s biggest producer and consumer of pulses, has extended ban on pulses exports until further orders, Agriculture Minister Sharad Pawar said on Tuesday, as it battles to rein in high food prices. The government had in June 2006 banned exports of pulses, which has a weight of 0.72 per cent in the wholesale price index. India’s food price index rose 12.13 per cent in the year to December 11, government...

If the price rise is due to production shortfall, how does one explain the near doubling of the price within a few days? The sharply rising onion prices have raised the suspicion that speculators are manipulating a shortage situation. First, a few facts. In retail markets, onion prices have soared from Rs 10-11 per kg in June to as high as Rs 70-80 on Dec 21. Even more significantly, prices zoomed by...

Demanding waiver of farm loans of rain-hit farmers in Orissa and relaxation of paddy standard for procurement, the Congress on Sunday asked the Centre to form a monitoring committee to supervise utilisation of its assistance for the distressed farmers. The Centre should form a committee to monitor and supervise utilisation of its assistance for the farmers whose crops have been damaged due to untimely rains in Odisha, Odisha Pradesh Congress Committee...

Union Agriculture Minister Sharad Pawar on Saturday denied that Prime Minister Manmohan Singh had sought his explanations on the rising prices of onions and other agricultural commodities. In a brief chat with the media persons on the sidelines of the two-day “Coop Core – 2010,” heralding the nationwide launch of the core banking solutions (CBS) for the urban cooperative banks, which began here on Saturday, Mr. Pawar said he too had...

Former Congress parliament member Y.S. Jaganmohan Reddy Wednesday continued his 48-hour hunger strike, demanding the Andhra Pradesh government to come to the rescue of farmers who lost their crops in the recent Unseasonal Rains. For the second day, the son of late chief minister Y.S. Rajasekhara Reddy remained seated with his supporters on the huge dais on the bank of Krishna river. Thousands of farmers and his supporters have joined in the...