-PTI New Delhi: To meet the demand for fertiliser in the ongoing kharif season, the government has contracted 2 million tonnes of urea import for delivery by the month-end. India is dependent on urea imports as domestic output is lower than the demand. Overseas purchase is being done via three state trading enterprises — STC, MMTC and IPL. “Our urea requirement is 2.5 million tonnes for this kharif season. We have finalised imports...

-The Financial Express Just implement the CACP report on this Given how the prices of pulses have been in the Rs 150-200 per kg range in the last year, it is not surprising the government is trying to augment production—the measures include more imports and relooking the minimum support price (MSP) and assured procurement. What makes little sense, though, is setting up of another committee under chief economic advisor Arvind Subramanian to...

-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...

-Hindustan Times Indore: Soybean crop has been affected for the third consecutive year in Madhya Pradesh as excessive rain in Satna, Rewa and Bhopal regions will necessitate re-sowing once the water recedes, an agriculture expert said. Madhya Pradesh is the top producer of soybean in the country and accounts for 53% of its production, according to government statistics. “Farmers will have to go for re-sowing wherever there has been water logging in fields...

-The Hindu While the economy’s revival is still a work in progress, higher food prices, especially of pulses, are affecting nutritional intake across India. The government is counting on a good monsoon season to spur growth and cool down the prices of essential food items. Economic Affairs Secretary Shaktikanta Das said on Thursday that the government’s move to raise the minimum support price for pulses is expected to help push up...