A stock limit will be imposed only under very exceptional circumstances like national calamities, famine with a surge in prices.
In total, in three months, starting from April, around 590,000 tonnes of pulses will have to be distributed for free to over 195 million families under the Garib Kalyan Yojana package
States can buy up to 25 per cent of produce immediately
Increases daily limit to 40 quintals per farmer a day, from earlier 25 quintals
Except for foodgrain, flour and pulses, transport of all other commodities showed negative growth
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Package announced includes both food security and cash transfer components
APMCs had earlier voluntarily discontinued auctions of grains and pulses at the markets since these were non-perishables
The Economic Survey 2019-20, presented in Parliament by Finance Minister Nirmala Sitharaman stated that inflation has been witnessing moderation since 2014, however, recently there has been an "uptick
India's rabi sowing has reached new records this year on the back of strong post-monsoon showers which have ensured adequate soil moisture reducing farmers' expenditure on irrigation
ETC India is a wholly-owned subsidiary of ETC Group Ltd (ETG), a strategic client of MAS Agribusiness with investments in Africa and India
Other pulses follow suit; govt allows imports and release of buffer stock to cool prices
In its outlook for kharif crop in 2019-20, Skymet said the rice production is expected to fall 12.4 per cent year-on-year to 88.66 million tonnes
Moong is one of the highest consuming and trading varieties in the Indian pulses basket
The government's rice and wheat stocks in the central pool as of June 1 was estimated to be around 74.14 million tonnes
Tur is Rs 3,500-3,600 a quintal; its MSP is Rs 5,600
India's annual pulses consumption is estimated at 25 million tonnes
Against 4,174 hecatres brought under the sowing of pulses last year, this year only 2,270 hectares was covered due to delay in sowing by farmers
The Central government has decided to constituted a high-level committee to look into volatility in pulses prices, Food Minister Ramvilas Paswan said today.It has also decided to keep the prices of rice, wheat and other coarse cereals distributed through the Public Distribution System (PDS) under the National Food Security Act unchanged for one more year, he said."Daam badhe to dikkat, ghate to dikkat (it's a problem when prices of pulses go up and it creates problem when it goes down)! Do you remember how much backlash we had to face during Bihar Assembly elections?," asked Ram Vilas Paswan, Minister for Food Supplies and Consumer Affairs."After that we created a buffer stock of 2 million tonnes. It curbed middlemen and prices started to come down. This year has been a bumper year in terms production of pulses. The prices have come down. We have constituted a high-level committee to look into the matter," he added.The government has, keeping in mind the general election scheduled in .
While tur, masoor (both red lentils) and moong (green gram) have recovered after falling sharply in November, these are up to 23% below the MSP