'No delay in pulse import due to Bihar polls'
Source: PTI Pulse prices have been ruling as high as Rs.180 per kg in the retail market across the country as their production slumped 2 million tonnes in the 2014-15 crop year on poor and untimely rains The Centre did not delay in importing pulses due to Bihar elections, Minister of State for Agriculture Sanjeev Balyan on Saturday clarified. He asserted that prices of lentils are expected to cool with arrival of kharif crop. He was critical of the industry body Assocham for coming out with a study on prices of commodities like rice, sugar and pulses “without checking the ground reality”. Pulse prices have been ruling as high as Rs.180 per kg in the retail market across the country ...
India's pulse imports surge to a record high
The Dollar Business Bureau India imported more than 4.5 million tonnes of pulses worth around Rs.17,000 crore during FY2014-15, registering an increase of almost 55% from the total value of inbound shipment of previous year. According to the government data, the country’s total pulse imports stood at 31.77 lakh tonnes worth around Rs.11,000 crore during 2013-14. Decrease in pulse production from 19.25 million tonnes in 2013-14 to 17.38 million tonnes during last year within the country and a slight increase in consumption led to a sharp rise in the imports. “Shortfall in production of pulses is met through import,” Minister of State for Agriculture Mohanbhai Kalyanjibhai Kundaria told the Parliament in response to a query. However, continuous rise in demand of various ...
Fall in global food prices favours Indias import plan
The Dollar Business Bureau Falling prices of food products in the international market can prove beneficial for India which needs to import many items to meet the domestic demand. Since the domestic food production is expected to reduce due to bad monsoon, the government has been considering increasing imports of certain products to bridge the production deficit. Government estimates say that India’s total food grain production is projected to be around 251 million tonnes during the current crop year ending in June. The estimated production is less than 265 million tonnes recorded a year ago. Earlier this month, Agriculture Minister Radha Mohan Singh said that his government was mulling over increasing imports of pulses to check its soaring price within the ...
