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Central government decision to import pulses to check & control the price rise!
Posted on: 11/Jun/2015 3:18:15 PM
In order to control and keep the prices of pulses under check, the central government has decided to import pulses.
This decision was taken during the meeting of cabinet ministers chaired by the Prime Minister, Mr. Narendra Modi.
The prices of pulses have shown a trend of continuous increase to 64% during the last 1 year.
During the current agricultural year 2014-15, the production of pulses has come down by 20 lakh tons.
During the last agricultural year 2013-14, the production of pulses was 1.93 Crore tons.
It has been estimated that this will come down to 1.74 Crore ton for this year.
In India, the average production of pulses per year stands at 1,90 Crore Tons.
However, with the increasing domestic demand, there has been a necessity to import pulses up to 40 Lakh tons.
As the production was down, the prices of pulses went up steeply. Finance Minister, Mr. Arun Jaitley, had already announced about the measures taken by the central government to increase the supply of pulses.
The central government’s department of consumer affairs has informed that the maximum price was for black gram. However, the prices of Bengal gram, green gram, and split gram were also up.
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