Paswan sees bumper pulse output this year, warns hoarders
PTI The country will see a bumper pulse production this year leading to a fall in prices and hoarders will not stand to benefit, Food Minister Ram Vilas Paswan on Thursday said as he asked them to offload their stocks. Singling out hoarders and blackmarketeers for the sharp rise in retail prices of pulses, he felt that the states did not take stringent action against them. "The country will have a bumper production of pulses this year and hoarders will not get anything," Paswan said on the sidelines of an event here. "If hoarders are thinking that they will sell pulses at higher rate, then forget it. They should sell their stocks in the open market as production will be high this ...
Decision on wheat Import-tax deferred until September
A recent government decision to defer import-tax decision on wheat would bring respite to domestic wheat producers. A source close to the development avers that the finance ministry in consultation with food, farm and other trade ministries may finalize a decision by September The Dollar Business Bureau The Indian government decision to impose 10% import-tax on wheat, came in August 2015, after 8 years which was again increased to 25% in October A recent government decision to defer import-tax decision on wheat would bring respite to domestic wheat producers. A source close to the development avers that the finance ministry in consultation with food, farm and other trade ministries may finalize a decision by September. India is among the world’s largest wheat ...
