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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...

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Farm policy needs to change with the times -Nilabja Ghosh

-The Hindu Business Line Land should not be viewed as the only factor of productivity. And, managing food prices calls for better market intelligence The Centre’s emphasis on manufacturing, manifested in initiatives such as ‘Make in India’ and ‘Skill India’ have a downside: relative indifference to agriculture. Some of this is already visible in terms of rural distress and food price inflation. This can prove costly to the economy, reminiscent of the...

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Farmers demand remunerative prices, irrigation facilities

-The Indian Express Also seek higher allocation for Price Stabilisation Fund in a pre-Budget meet Farmers’ organisations, food and fertiliser companies and agriculture experts on Monday urged finance minister Arun Jaitely to ensure that farmers get  remunerative prices for their produce and make sufficient Budget outlay to create  irrigation facilities in the remaining rain-fed areas. They also sought increase in the outlay for expanding the number of agriculture market yards and higher allocation...

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For agriculture sector, it is going back to control raj days -Harish Damodaran

-The Indian Express The Central government’s move to fix cotton seed prices and trait fees sends wrong signals. 2015 will go down as a year that has seen all the rules of free trade being given the go-by when it comes to agriculture. The lead for it, significantly, has come from the Centre, whether in the form of not allowing exports of onion at below $ 700 a tonne or imposing stockholding...

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Pulses may remain beyond reach for many in 2016 too -Jayashree Bhosale

-The Economic Times PUNE/NEW DELHI: Pulses will likely remain beyond the reach for many in 2016 as well. Even though a fresh kharif crop has started arriving in the market, whole beans of tur (pigeon pea) cost twice as much as last year because the output is expected to be smaller. Government agencies that entered the market to create a buffer stock for next year are finding it tough to buy tur because...

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