Sign In / Register
Make This My Home Page | Feedback |RSS
You are here: IE »   Story

Govt mulls subsidised sale of pulses

  • Print
  • Mail This Article
  • Comments
  • Add to favorites
  • India’s annual pulses production has been stagnant at around 15-16 million tonnes, while the demand is hovering around 18 million tonnes. Anxious to bridge the demand-supply mismatch, the Centre had asked state-run trading firms — MMTC, STC, PEC and Nafed — to import 15 lakh tons of pulses in 2007-08 fiscal. According to available official data till October 16 this year these agencies have imported 3.52 lakh tonnes of pulses. Moreover, government generally imports pulses mainly from Myanmar and Australia. Since past few years government has been striving to raise pulses production in the country, but has met with limited success as the crop faces stiff competition for acreage from wheat and rice. Unpredictable monsoon and low returns have also limited any sharp growth in pulses output. Absence of any big breakthrough in pulses seed is also preventing any sharp rise in its output.

    Ads by Google

    Feeling the pulse

    * Govt planning to distribute around 1 million tonnes of pulses in the coming few months to curb a spurt in its prices.

    * India’s annual pulses production has been stagnant at around 15-16 million tonnes, while the demand is hovering around 18 million tonnes.

    * Govt has been striving to raise production of pulses in the country, but has met with limited success as the crop faces stiff competition for acreage from wheat and rice.

    * Details of the quantum of subsidy yet to be finalised but if the pattern of edible oils is followed then a 25 per cent subsidy at current prices should come to around Rs 6-7 per kg.

    Previous12
    Comments
    Post comment

    Be the first to comment.

    Post a Comment
    Name:
    Email:
    Title:
    Maximum characters allowed     
    Comment:
    TERMS OF USE:
    The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).
    I agree to the terms of use.