A fall in the rate of inflation (on point to point basis) in Consumer Food Price Index (CFPI) from 8.35 percent in July to 5.91 percent in August this year is indicative of the positive developments that has taken place during recent months in the agricultural sector, which is expected to further cool off food prices in the near future. A document from the Ministry of Agriculture and Farmers Welfare...
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Govt may increase MSP for rabi crops by 10% -Sandip Das
-The Financial Express Likely to give bonus of up to Rs 425 per quintal on pulses In a bid to boost production of pulses and oilseeds, the government is likely to announce 5 to 10% hike in minimum support price (MSP) for the rabi crops, including wheat, barley, gram, masur and mustard, for the 2016-17 season besides a bonus on pulses in the range of Rs 250 to Rs 425 per quintal. Sources...
More »INDIA FOCUS: Rising Prices of Dal/ Pulses: How to deal with it? ... What's Being Done? ... A COMPREHENSIVE FACT CHECK...
Rising prices of dal: How to deal with it? The 68th session of the United Nations General Assembly declared 2016 as the International Year of Pulses. In India, however, ordinary citizens are under enormous duress due to the skyrocketing prices of dal/ lentils since the last one year. The website of Price Monitoring Cell of the Department of Consumer Affairs shows that dal prices varied across places. For example, the...
More »MSP of pulses and oilseeds hiked to motivate farmers
-The Times of India New Delhi: Aiming to motivate farmers to grow more pulses, the government on Wednesday hiked the minimum support price (MSP) of arhar, urad and moong by up to Rs 425 per quintal for the kharif season starting September. It also announced bonus on oilseeds while making a modest increase of Rs 60 in paddy MSP to Rs 1,470 per quintal. Both agriculture minister Radha Mohan Singh and consumer...
More »Eastern states to benefit from new LPG scheme -Siddhartha P Saikia
-The Financial Express Govt may spend major chunk of Budget outlay in these states The Modi government would spend major portion of the Rs 2,000- crore Budget outlay for providing LPG to households below poverty line in the eastern states such as Bihar, Jharkhand, West Bengal, Odisha and Assam. A senior official in the finance ministry told FE that the nodal petroleum ministry has proposed a detailed road map for the scheme aimed...
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