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India seeks BRICS help to meet shortfall in pulses, oilseeds

-The Hindu Business Line New Delhi: India has sought the cooperation of fellow BRICS members — Brazil, Russia, China and South Africa — to help meet the country’s production shortfall in pulses and oilseeds. Agriculture Ministers from BRICS countries have agreed to promote production of pulses in their respective countries and raise awareness about its nutritional aspects, according to the joint declaration adopted at the end of their meeting in New Delhi,...

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Why has inflation moderated in India? -Sajjid Z Chinoy

-Livemint.com Contrary to popular perception, it’s not because of good luck or necessarily a large growth sacrifice; policymakers deserve more credit than they get One of the most visible macroeconomic successes in India over the last three years has been the sustained moderation of headline consumer price index (CPI) inflation. CPI (industrial workers) averaged 9.5% for six years between 2007 and 2013. For the last 30 months, however, it has averaged...

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Millets should be in PDS, says lobby

-The Hindu Business Line Hyderabad: Millet Network of India (MINI), an umbrella organisation of activists, scientists and non-governmental organisations, has demanded the Union government implement the National Food Security 2013 and include millets in public distribution system (PDS). MINI Convener PV Satheesh has said that the network has launched a national campaign this week to bring pressure on the government to achieve their demands. “The month-long campaign would highlight the importance of bringing...

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Paswan to pulses traders: work with government to address supply issues

-The Hindu Business Line NEW DELHI: The Centre will meet representatives of the Indian Pulses and Grains Association (IPGA) every month to take stock of retail prices of pulses that still rule high, as well as supply issues. This was decided at a meeting between Food Minister Ram Vilas Paswan and IGPA members here on Thursday evening. The meeting comes soon after the Centre’s decision to enhance the buffer stock limit of...

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Pulses send WPI racing to 2-year high

-The Hindu Business Line Hits 3.74% in August as potato, manufactured items get pricier New Delhi: Wholesale price inflation rose to a two-year high of 3.74 per cent in August pushed up by expensive pulses and potatoes as well as a sudden spike in prices of manufactured items. Wholesale price index (WPI) based inflation was 3.55 per cent in July and had contracted by 5.06 per cent in August last year. Previously, WPI inflation...

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