Monday, 29 June 2015

What needs to be done in boosting domestic production of pulses

As dal prices go on an upswing, a harried government is trying to focus on increasing domestic production. When Prime Minister Narendra Modi called upon farmers to grow more pulses to reduce the dependence on imports, he was not only voicing concern over the rising import bill, but also wanting the country to become self-sufficient in pulses production.   Prime Minister is right. All efforts to increase production of pulses in the past few years have certainly borne fruit to some extent but not as much as it was desired. Although domestic production had reached a high of 19.25 million tonnes in 2013-14, falling to 17.38 million tonnes the next year in 2014-15, but still India’s import of pulses continues to hover around 4 million tonnes. This is primarily the reason why the trade finds it convenient to raise prices at every given opportunity.   In the past one year, a 64 per cent hike in the prices of pulses h...

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