-PTI The Agriculture Ministry has moved a proposal to create a buffer stock of 3.5 lakh tonnes of lentils during the current 2015-16 crop year through domestic purchase or imports to prevent a further price rise in pulses. “The Agriculture Ministry has sought inter-ministerial comments on a proposal to create a buffer stock of 3.5 lakh tonnes of pulses in 2015-16 crop year,” sources said. Out of the proposed 3.5 lakh tonnes, about...
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Onion Prices Start Rising Again on Tight Supply
-Outlook Onion prices at Lasalgaon in Maharashtra, Asia's biggest wholesale market for the staple, have started rising again due to supply concerns as the old stock has been exhausted, while the fresh kharif crop this year is expected to be 25-30 per cent lower. Onion price, which had touched the record Rs 57 per kg in August at Lasalgoan, showed a declining trend after the Centre took several steps including hike in...
More »Madhya Pradesh declares drought in 35 districts, seeks Rs2,400 crore aid -Sayantan Bera
-Livemint.com State seeks Rs300 crore more for drinking water supply and Rs750 crore for waiving off interest payments on loans New Delhi: Madhya Pradesh has declared 35 out of 51 districts in the state as drought affected and sought an initial central assistance of Rs.2,400 crore, indicating deepening rural distress. Karnataka, Maharashtra and Odisha have already declared parts of their state as drought affected. Madhya Pradesh finance minister Jayant Malaiya and agriculture minister...
More »Pulse of the matter: Manufacturing a dal crisis, short-changing both farmer and consumer -Yogesh Pawar
-DNA Wondering about the plight of the rural population facing successive droughts which has to buy pulses, South Asia Network for Dams, Rivers and People (SANDRP) laments how no benefit of the price hike is reaching actual pulse farmers. While most link the current tur (pigeon pea) dal crisis with raging market prices, storage issues, hoarding and economics, a new study highlighting the making of the crisis - by South Asia Network...
More »Why the prices of pulses and dal have skyrocketed
-DNA State policies favouring certain food crops have rendered pulses forbiddingly expensive and the common man is feeling the pinch The huge spurt in dal prices, touching Rs180 per kilogram and even Rs200 in some cities, has come as a dampener to the festive season, and raised questions about the policies of the government. For some years now, India has been resorting to huge imports of pulses to meet domestic demand...
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