-The Times of India NEW DELHI: With the abnormal rise in prices of essential commodities such as onions, potatos, pulses, tomatoes and edible oils becoming a seasonal affair, the government is considering creation of a specialized entity that can help forecast demand and supply of such items. It will monitor the situation both in the domestic and international markets. The issue came up for discussion at the inter-ministerial committee on prices and...

-Business Standard At present, the average crop insurance premium on pulses that a farmer has to pay ranges between 10 per cent and 12 per cent of the sum insured New Delhi: To provide a safety net to growers of pulses, which could also help boost production, the Centre's proposed new crop insurance policy has pegged the burden of premium on pulses at a moderate two per cent of the sum insured. Officials...

-The Times of India There is more to this year's rainfall deficit than meets the eye. After the monsoon was officially declared over on September 30, 17 of the country's 36 weather subdivisions had received deficient or scanty rainfall. That's about 39% of the country's area, home to over 66 crore people, nearly half the country's population. Deficient is when rains are below the average by 20% or more while scanty...

-The Indian Express Government’s actions on the commodity reveals it is ignorant of how a market economy is run With each passing day this year, agriculture seems to be sagging and so is the Indian farmer. Deficit monsoon rains appear to be the trigger. Although rains offered some respite to Marathwada, the situation in India’s largest agri-state, Uttar Pradesh, has gone from bad to worse. Last year’s drought, with monsoon rains falling...

-The Hindu Business Line New Delhi: The prices of pulses can shoot up by 10-15 per cent in the run up to the festival season, according to an Associated Chambers of Commerce of India (Assocham) study released here on Friday. The trade body estimates that India will import over 10 million tonnes (mt) of pulses since domestic production is likely to be limited to around 17 mt on the back of a...