-Livemint.com At present, the government procures about 1.5 lakh tonnes of pulses, and this will be enhanced to eight lakh tonnes New Delhi: In a significant decision to tame rising pulse prices, the Centre has decided to raise buffer stocks by over five times. At present, the government procures about 1.5 lakh tonnes of pulses, and this will be enhanced to eight lakh tonnes. The decision was taken at a high-level meeting...
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Retail inflation inches up to 5.76 per cent in May -KR Srivats
-The Hindu Business Line New Delhi: A sharp spike in food articles inflation has led to May retail inflation inching up to 5.76 percent, weakening prospects of any RBI repo rate cut in August. This May 2016 print is higher than retail inflation of 5.01 percent in May last year and 5.47 percent in April this year. Food articles inflation jumped to 7.55 percent in May 2016 from 6.40 percent in previous month. The...
More »MSP hike: A pay cut for farmers? -Sayantan Bera
-Livemint.com Nominal hikes in crop support prices means that farmers are bearing the burden of government policy to keep food inflation in check New Delhi: The Narendra Modi led government has set a target to double farm incomes by 2022, but in the past three years it announced only nominal hikes for support prices of rice and wheat. What’s more: the raises were lower than the prevailing retail inflation, meaning declining...
More »Drought cripples farm sector -Sanjeeb Mukherjee
-Business Standard The first two years of the Narendra Modi government were marked by big announcements that will take their time to materialise. The one sector that is unfazed by slogans is agriculture. The sector is crippled by back-to-back droughts coupled with a record fall in farm prices. A slump in global markets meant that agriculture exports, which could provide farmers alternative revenue, dried up. Agriculture and processed food exports from India...
More »India largest producer, consumer, importer of pulses. Here’s how we can be self-sufficient -Shyam Khadka
-The Financial Express On December 21, 2013, the General Assembly of the United Nations voted to proclaim 2016 as the International Year of Pulses (IYP). On December 21, 2013, the General Assembly of the United Nations voted to proclaim 2016 as the International Year of Pulses (IYP). It followed unanimous votes in favour of declaring IYP 2016 by the Food and Agriculture Organisation (FAO) in April and June 2013. An International...
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