Wait...
Search Global Export Import Trade Data
Recent Searches: No Recent Searches

Panel to explore raising dal minimum support price.


Date: 12-07-2016
Subject: Panel to explore raising dal minimum support price
NEW DELHI: The government on Monday set up a committee under chief economic advisor Arvind Subramanian to look into the possibility of increasing the minimum support price (MSP) of pulses and giving additional bonuses to farmers for their production. The Centre also decided to increase the buffer stock of the kitchen staple to 20 lakh tonnes from the present 8 lakh tonnes.

The decisions were taken at a meeting of a ministerial panel chaired by finance minister Arun Jaitley. The committee under Subramanian will submit its report in the next two weeks.

"The solution to our problem lies in increasing the domestic production and bridging the gap between demand and supply. The panel is expected to come up with recommendations on long-term policy on pulses," Paswan told TOI.

Sources said the panel expressed concern over prices of chana dal, which has increased significantly in the past one year by Rs 30-40 per kg despite adequate production and even arrival of the imports.

Importers have complained that in some cases chana dal being imported from Australia is sold in the high seas during transit. They have alleged that while usually the imported chana lands in India at Rs 40-50 per kg, by the time it reaches retail shops prices can touch up to Rs 100.

Realising that hoarding is being done either by importers or traders to jack up prices, the government has decided to create a huge buffer stock of pulses. India annually produces around 17-18 million tonnes of pulses and the demand has crossed 21-22 million tonnes mark.

"We will create buffer stock with the domestic procurement and also imported pulses," Paswan said.

Source : timesofindia.indiatimes.com

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+


What is New?

Date: 18-11-2021
Notification No.92/2021 - Customs (N.T.)
Exchange rates Notification No.92/2021-Cus (NT) dated 18.11.2021

Date: 03-11-2021
Notification No.90 /2021 - Customs (N.T.)
Exchange rates Notification No.90/2021-Cus (NT) dated 03.11.2021

Date: 03-11-2021
Notification No.52 /2021-Customs
Seeks to amend Notification No. 18/2019-Customs reducing Road and Infratructure Cess (RIC) on Petrol and Diesel.

Date: 29-10-2021
Notification No.88/2021 - Customs (N.T.)
Exchange rates Notification No.88/2021-Cus (NT) dated 29.10.2021

Date: 29-10-2021
Notification No. 87/2021-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver- Reg

Date: 27-10-2021
Notification No. 85/2021-Customs (N.T.)
Courier Imports and Exports (Electronic Declaration and Processing ), Amendment, Regulations, 2021

Date: 27-10-2021
Notification No. 86/2021-Customs (N.T.)
Courier Imports and Exports (Clearance), Amendment, Regulations, 2021

Date: 27-10-2021
Notification No. 83/2021-Customs (N.T.)
Seeks to further amend Customs Tariff (Identification, Assessment and Collection of Countervailing Duty on Subsidised Articles and for Determination of Injury) Rules, 1995 to introduce Anti-Absorption provisions in these rules.

Date: 27-10-2021
Notification No. 84/2021-Customs (N.T.)
Seeks to further amend Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995 to introduce the Anti-Absorption provisions and make certain other miscellaneous changes.

Date: 22-10-2021
Notification No. 50/2021-Customs
Seeks to amend notification No. 96/2008- Customs dated 13.08.2008 to include Sierra Leone



Exim Guru Copyright © 1999-2021 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

EximGuru.com

C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001