Diabytes
Pulses MSP News
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Procurement of 78.84 Lakh MT amounting to Rs 35,800 crore alone has been contributed by the states of Madhya Pradesh, Gujarat, Rajasthan, Uttar Pradesh, Maharashtra, Telangana & Andhra Pradesh, the government said.
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Wholesale prices of pulses are gradually falling and its impact will be reflected soon in retail markets as hoarders can not hold the stock for long with arrival of new crop from next month, Food Minister Ram Vilas Paswan said Thursday.
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Trying out all possible ways to control pulse prices that have neared Rs 200 per kg, the Centre today decided to set up a committee to relook at the minimum support price and bonus to promote pulse cultivation.
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The government on Wednesday hiked the minimum support price (MSP) of pulses by Rs 425 to Rs 5,000-5,225 per quintal for the 2016-17 kharif season.
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Buoyed by higher support price, farmers have planted pulses in more area at 38.91 lakh hectares in this rabi season so far against 34.42 lakh hectares area in the year-ago period.
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