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Pulses price rise News

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Last week, the cabinet committee on economic affairs (CCEA) gave approval for distributing a part of the pulses buffer stock to central schemes like Midday Meal and other state-run agencies besides state governments.
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Government is exploring the feasibility of contract farming of pulses in African countries -- Mozambique, Tanzania and Malawi -- as it looks for a long-term solution to domestic shortage and high prices.
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Government is monitoring rising pulse prices and states have been told to act against hoarders, Union Minister Prakash Javadekar said on Wednesday after Cabinet meeting.  
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Pulses prices continue to rule high due to fall in domestic production by 2 million tonnes in the 2014-15 crop year (July-June) due to 14 percent deficit monsoon.






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