• Farmers await Rs 879 crore from sale under MSP

    Farmers await Rs 879 crore from sale under MSP MUMBAI: Happiness over the Centre hiking the minimum support .. Read more at: http://timesofindia.indiatimes.com/articleshow/64911124.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Read more


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  • Peas rise on retailers’ demand

    Peas rise on retailers' demand New Delhi, Jul 7 Barring a rise in peas prices on mild demand from retailers, other pulses held steady at the wholesale pulses market today. Marketmen said scattered demand from retailers against restricted supplies from producing regions, mainly led to rise in peas prices. In the national capital, peas white and green rose by Rs 50 each to Rs 3,550-3,600 and Rs 3,650-3,750 per quintal, respectively. Read more


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  • Raised support price to boost farmers’ income

    Raised support price to boost farmers’ income PATNA: Deputy CM Sushil Kumar Modi said a substantial increa .. Read more at: http://timesofindia.indiatimes.com/articleshow/64860070.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst Read more


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  • Rising demand lifts chana futures

    Rising demand lifts chana futures N Read more ew Delhi, Jul 4 (PTI) Chana prices rose 1.64 per cent to Rs 3,635 per quintal in futures trade today as participants created fresh positions, driven by rising demand from dal mills at the spot market. Besides, tight stocks positions following drop in arrivals from producing regions fuelled the uptrend.


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  • Limits to MSP

    Limits to MSP Policymakers need to shift from price support to income support Read more With possibly an eye on 2019, the Centre has stuck to its Budget promise of fixing kharif support prices at 50 per cent or more over the cost of production, which includes family labour but not rent. In the case of bajra, tur, urad and cotton, the increase awarded is 97 per cent, 65 per cent, 63 per cent and 59 per cent, respectively, over cost. The Centre’s focus on increasing pulses output and reducing dependency on imports is laudable. It is just as well that it has sought to push millets cultivation as well, a move that will benefit both dryland farmers as well as the nutrient intake of all consumers.


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  • Kabuli gram, other pulses climb on stockists’ buying

    Kabuli gram, other pulses climb on stockists' buying Firm conditions emerged at the wholesale pulses market today, as prices of Kabuli gram and other pulses surged by up to Rs 300 per quintal on brisk buying by stockists following uptick in demand from dal mills and retailers. Marketmen said increased buying by stockists following pick-up in demand from dal mills and retailers against restricted supplies from producing regions mainly pushed up kabuli gram and prices of other pulses. Read more


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  • Ban on peas lifts chana price

    Ban on peas lifts chana price The Centre’s move to ban import of yellow peas for the next three months has lifted chana prices in Indore mandis with chana (kanta) on Tuesday rising to ₹3,625-50 a quintal, while chana (desi) ruled at ₹3,525 a quintal. Chana dal ruled firm with chana dal (average) at ₹4,500-₹4,600, chana dal (medium) at ₹4,700-₹4,800, while chana dal (bold) ruled at ₹4,900 a quintal. Amid weak arrivals and scattered domestic demand, dollar chana in Indore mandis quoted at ₹4,500-₹5,000. Amid improved export demand in container also, dollar chana ruled higher with dollar chana (42/44 count) fetching ₹6,000-₹6,050 a quintal, and dollar chana (44/46 count) quoting at ₹5.800-₹5,850 a quintal, while dollar chana (58/60 count) quoted at ₹4,800-₹4,850 a quintal. Read more


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  • Centre to announce new MSP of paddy, maize, summer sown pulses and other Kharif crops tomorrow

    Centre to announce new MSP of paddy, maize, summer sown pulses and other Kharif crops tomorrow NEW DELHI: The Centre will on Wednesday announce new Minimum Support Price (MSP) of all Kharif (summer-sown) crops for the 2018-19 marketing season. As announced by the government in its budget, the Union Cabinet is expected to bring the MSP of these crops to a level which will provide farmers a profit of minimum 50% over the cost of production. The MSP of a common variety of paddy is expected to be increased from Rs 1,550 per quintal to Rs 1,750 per quintal - highest ever hike in a single year. Read more


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  • Govt weighs proposal to sell pulses through PDS

    Govt weighs proposal to sell pulses through PDS New Delhi: Faced with the twin challenges of large public stocks of pulses and dismal nutritional indicators, the centre is considering a proposal to introduce pulses under the subsidised public distribution system (PDS). The idea behind the scheme is driven by the fact that central agencies are saddled with 5.5 million tonnes of pulses following a record production last year. The centre is considering a proposal to introduce pulses under PDS in 200 districts faring the worst on nutrition parameters, said an official aware of the development. Read more


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  • INDIA EXTENDS CURBS ON PEAS IMPORTS UNTIL END-SEPT

    INDIA EXTENDS CURBS ON PEAS IMPORTS UNTIL END-SEPT MUMBAI, July 2 (Reuters) - India has extended restrictions on import of peas until the end of September, the government said in a notification on Monday, as the south Asian country tries to support prices of local pulses that plunged due to surplus supplies. In April India restricted imports of peas to 100,000 tonnes for the April-June quarter. The country is the world's biggest importer of pulses -protein-rich crops that include peas and lentils. Read more


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