Govt to import more pulses to tackle price rise
The Dollar Business Bureau In order to tackle the crisis of rising prices of pulses, the government on Thursday came up with a multi-pronged approach which includes additional imports of pulses and distributing 'chana dal' at subsidised rates. A statement by Ministry of Food & Public Distribution said, “the National Consumer Cooperative Federation (NCCF), to make sure that pulses will be available at reasonable prices, has given directions to begin selling chana dal at Rs.60 a kg through its mobile outlets in the national capital." The Federation is already selling 'urad' and 'tur' through its mobile outlets at Rs.120 a kg. The Management Committee of Price Stabilisation Fund, headed by Hem Pande, Consumer Affairs Secretary, held in New Delhi, has taken decisions in this regard. The Committee had ...
Food items to have key info on 40% pkt area
The Dollar Business Bureau The Government of India has made amendments in the packaged food commodities rules and insists that food manufacturing units should prominently display six key details, including retail price and quantity, on at least 40% of the area on the packet. According to an official release, the norms for packaged products have been revised by the Consumer Affairs Ministry. The new norms will be put into effect from July this year. Ram Vilas Paswan, Union Minister for Consumer Affairs, Food and Public Distribution has given directions to the officials in the Ministry to make sure that the amended norms are positively put into effect from July. In a meeting of the Bureau of Indian Standards’ (BIS) governing body on Friday at Mussoorie, ...
Over 5,366 tons of seized pulses offloaded in mkt
Source: PTI According to the data, these 5,366 tonnes of pulses were offloaded by six states — Chattisgarh, Delhi, Karnataka, Odisha, Madhya Pradesh and Rajasthan Over 5,366 tonnes of pulses have been offloaded in the markets so far out of a total 1.32 lakh tonnes seized from hoarders in raids conducted by the states, a move aimed at boosting supply and easing prices. Pulses prices have been ruling as high as Rs.180 per kg in the retail markets across the country as their production dipped by 2 million tonnes in the 2014-15 crop year on poor and untimely rains. "Since imposition of the stockholding limits on pulses by the states, 1,32,777.14 MT have been seized till November 17, 2015," ...
Imports of pulses to rise in FY2015-16
Aadhira Anandh | The Dollar Business The Government of India is planning to import pulses through state-owned trading enterprises as output is expected to be lower this year while demand is growing. According to trade sources, retail prices of pulses across the country have already risen by up to 70% in the last 12 months and might end up the hitting the highest level in the last two years. "Increase in prices of pulses may register highest growth this year as unseasonal rains in north and central India have damaged the Rabi crop and widened the gap between demand and supply to the extent of 6 MT," says an Assocham study. Industry sources estimate kharif pulses production at 5.3 MT and rabi ...
