Page 10 - Pulses

Union Cabinet nod to raising minimum support price of pulses

Woos Jayalalithaa with extra foodgrains, approval to Chennai Metro Rail extension

Govt hikes pulses MSP by up to Rs 425/quintal to boost output

Govt has also decided to give a bonus of Rs 100-200 per quintal for oilseeds, said Agriculture Minister

Pulses costlier due to poor rainfall, reduced imports: Paswan

Last year, pulse production was 171 lakh tonnes whereas requirement was 226 lakh tonnes

No state should sell pulses at more than Rs 120/kg: Ram Vilas Paswan

Paswan blamed hoarding as one of the prime factors for rising prices of pulses

Import of pulses up 26% to 5.79 mt in FY16

The production of pulses is estimated to have risen to 17.33 MT in 2015-16, as against 17.15 MT in the previous year

Why pulses prices are rising

Lower output and inadequate policy are some of the reasons

Government takes several measures to curb pulses prices

Empowers states to put stock limits, Sebi raises margins sharply on chana futures and IT raids traders

States asked to stock up pulses from central buffer system

This is in order to avert price spikes in the coming months