Pulses price rise News
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.
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.
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.
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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