New Delhi: Pulses prices have shot up during the recently concluded monsoon season, especially Kharif pulses, owing to lower production estimates compared to the last year, propelled by the erratic rainfall distribution in the key producing states like Maharashtra and Karnataka, and lower crop area this year as farmers shifted to competitive crops. Tur (Arhar) … Read more
Food companies and their dealers and distributors are stocking up more of daily essentials such as cooking oil, rice, wheat, pulses and tea, to avoid any supply disruptions if authorities impose restrictions amid rising Covid-19 cases. Adani Wilmar, the company that sells the Fortune brand of edible oils and other food products, is keeping an … Read more
India’s retail inflation for pulses is expected to be under 5 per cent during the second half of the current fiscal, India Ratings and Research said on Monday. As per the agency, this estimate is based on the high level of prices during the corresponding period of last fiscal and the measures taken by the … Read more
Prices of key food commodities have cooled down substantially in the past one month, giving some relief to policymakers on the front of food inflation. Prices of cooking oils, which had more than doubled between June 2020 and March 2021, have now cooled down by about 30% from their peak with the downward trend expected … Read more
Wholesale onion prices this month are ruling 25% to 30% higher than in January. Prices of pulses and wholesale edible oil, too, have increased helped by government measures to boost farmers’ income such as import restrictions and procurement at minimum support prices. Prices of masur (lentil) and urad have increased by 10% over January, while … Read more
NEW DELHI: The Budget has allocated Rs 2,700 crore to the price stabilisation fund (PSF) for 2021-22, which will be used to create buffer stocks of onions and pulses to check price volatility in these commodities. This is 35% more than the allocation of Rs 2,000 crore in the last budget but 77% less than … Read more
NEW DELHI: Crop planting has expanded to 80% of the 100 million hectares that is usually cultivated in India in the current season as good rainfall has helped farmers prepare their fields faster than they did last year. So far, planting is 18.5% more than that a year ago.“Due to good rains, farmers have been … Read more