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Crisil states that the Government must keep an eye on the volatility of the pulse prices

Mumbai | Updated: Sep 11, 2017, 06.33 PM IST

Mumbai: With inflation in pulses, the Government needs to keep an eye on the volatility by announcing new and effective MSPs, bringing new open trade policies, efficient irrigation facilities and promoting future markets. It is observed that inflation in pulses follows a regular and cyclical pattern, with prices shooting up every two to three years. And so far, from 2006 up to current fiscal, there have been around four such cycles which have resulted in the exaggerated prices of pulses in the market. As stated in the report by Crisil, the trend rate of inflation has averaged 12.2%, with the peaks around 40% above zero and the troughs 25% below it. Among the top 5 categories, tur, urad and gram (chickpeas) have the highest weight in WPI for pulses.The price movements in these pulses can result in significant movement in the index. The rating agency also said that moong dal and masur dal are important pulses from the consumption point of view.

Crisil’s Chief Economist Dharmakirti Joshi explained that the latest cycle that began in 2013 witnessed the steepest peak by 49% in November 2015 and fall by 32.6% in July 2017. It also witnessed the broad-based price fluctuations as compared to previous cycles. While input costs continued to grow, wholesale prices of all the pulses except gram (chickpeas) declined sharply resulting in the drastic declination in the profit margins of all the pulses except gram (chickpeas). Since there were no restrictions on the export of grams, the profitably remained on the higher side for the gram farmers. Crisil report also stated that the pronounced cyclical patterns in pulses tend to hurt both consumers and producers. It is the prime time that Government initiates major steps to protect the prices with the effective MSPs and other required policies. Also, there is an immediate need to de-risk the crops by increasing the irrigation buffer.

The Government needs to introduce new MSP schemes for pulses with raised procurement and a serious focus on increasing its awareness among the farmers. The proper and sufficient awareness is necessary so that farmers can utilize such schemes at the fullest. With the help of forward contracts and future production planning, government can reduce the uncertainty of the prices of pulses to the greater extent.

Source : http://economictimes.indiatimes.com/news/economy/agriculture/centre-must-curb-pulse-price-volatility-says-crisil/articleshow/60464352.cms

Finally, the wait is over with the Government allowing export of Tur, Moong and Urad Dal after a decade.

Pune, 15th September 2017

This can be the moment of relief to the traders and manufacturers of pulses in India. The long wait to remove the ban imposed by the Government on the export of pulses from India has been removed. The Government has finally opened up exports of tur, moong and urad dal after more than a decade. Currently, urad dal and moong dal is being harvested by the farmers and this removal of ban will help support prices of the same. However, prices of both the pulses are ruling below the Minimum Support Price. Ruling at Rs 3000/quintal in Maharashtra, urad dal prices are almost Rs. 1000/quintal below the MSP. Considerable shifts are expected in the graph of pulses now. With this removal of ban has in given a sigh of hope to the manufacturers and traders in many ways.

Parle Products enters the Pulse Market with its new brand Fresh Harvest.

Mumbai | Updated:Jun 05, 2017, 08.24 PM IST

The renowned name in biscuits and confectionery industry, Parle Products, enters the pulses market with its new brand label ‘Fresh Harvest’. This brand will offer the wide range of pulses likeToor dal, Moong dal, Urad dal, Channa dal and Masoor dal which will be sourced from the farms in the state of Maharashtra and Karnataka.

In its initial stage, Fresh Harvest has been launched across class-A outlets and local retail chains in around 5 lakh towns throughout Maharashtra. In its later stages, Parle Products will launch it phased-wise in other parts of India over the next 12 months.The category head of Parle Product, Mr. Mayank Shah, acclaimed that with the involvement of a company like Parle right from sourcing to delivering quality end products to consumers will help in convincing them to switch to packaged pulses.

Currently, the pulses market is estimated at 27 million tonnes annually and India’s projected demand for pulses is targeted to grow up to 35 million tonnes by 2020. In the coming time, Pulses Industry will offer a great space for the development and progress.

Source : http://economictimes.indiatimes.com/industry/cons-products/food/parle-products-soon-to-enter-pulses-category/articleshow/59003668.cms

Effects of Erratic Rain in India on Pricing of Pulses

Sep 1, 2017

Daily news show Commodity Champions being telecasted on CNBC TV18 focused on the monsoon scenario in India and its effect on the agricultural output. The show, hosted by Ms. Manisha Gupta, mainly focused on the irregular and unpredictable patterns of monsoon in many parts of India and its after effect on cultivation and crops output. This crucial issue was discussed with Mr. Abhijeet Sen, Professor at JNU joined by Dr. B.V. Mehta, E.D of Solvent Extraction Association of India. The whole discussion was intensified in attempt to find the effect of these erratic rainfalls on the prices of agricultural crops specially pulses.

Once egg-cited, State to beat malnourishment with protein-rich diet

Ahmedabad Mirror | Updated: Sep 1, 2017, 02.00 AM IST

If not eggs, give them pulses. That’s the latest strategy of the State government to fight malnourishment among children in the state. It has decided to provide protein-rich snacks to more than 40 lakh children in primary schools. This will be in addition to the mid-day meals. The State education department claims that Gujarat is the first in the country to provide protein- rich food, mainly pulses, along with mid-day meals.

Stunted growth

According to a recent Unicef report, 41.6 per cent children of the state have stunted growth. Alarmed by rise in protein deficiency among children in a state which is already battling high incidence of malnourishment, the government had considered introducing eggs in the mid-day meals. However, the proposal met with stiff resistance from parents, following which it was withdrawn. Now, the State has decided to add proteins to the vegetarian fare itself.

The new menu for all the days, which includes the main meal and the snacks, has been decided by the education department with the help of mid-day meal authorities and nutritionists of Children University. Nutrition expert and in-charge registrar of Children University Kamalamani Rao and her team have worked on the new menu. She said, As per the set standard, 1/3 of total calories and 1/3 of total proteins a child requires should come from the mid-day meal.

Source : http://ahmedabadmirror.indiatimes.com/ahmedabad/others/once-egg-cited-state-to-beat-malnourishment-with-protein-rich-diet/articleshow/60314455.cms

India Will Become Self Sufficient In Pulses: AgriMin

By BW Online Bureau, July 17, 2017

Agriculture Minister Radha Mohan Singh today exuded confidence that India will become self- sufficient in pulses and oilseeds production in the coming years with the government taking steps to boost yields through use of better quality seeds and technologies.

The country imports over 5 million tonnes of pulses and about 14.5 million tonnes of vegetable oils (comprising edible and non-edible oils) every year to meet domestic demand. Addressing the 89th foundation day of the Indian Council of Agricultural Research (ICAR), Singh said the government is not only focusing on increasing production but taking steps to make agriculture “income-centric” as part of its target to double farmers income by 2022.

The minister asked ICAR scientists to work in a mission mode to achieve this target as well as the overall development of agriculture and allied sectors, which contribute 18 per cent to GDP. He emphasised on skill development in agri sector to boost crop yield and farm income. Singh said the green revolution helped India in becoming self-sufficient in wheat and rice, but the country is still importing pulses and oilseeds to meet domestic demand and spending huge amount of foreign currency.

“We achieved a record production of pulses in the 2016-17 crop year. The sowing area is also higher this year. We are progressing towards self-sufficiency. In next 2-3 years, we will become self-sufficient in pulses,” he said. The countrys pulses production increased to record 22.40 million tonnes in the 2016-17 crop year (July-June) against 16.35 million tonnes in the previous year. Oilseeds output rose by 29 per cent to 32.52 million tonnes last year.”

The minister lauded efforts of farmers and scientists for the record 274 million tonnes of foodgrain output in 2016-17. He said this has been possible due to availability of technologies, quality seeds and related services to farmers. Stating that agriculture scientists played a significant role in bringing green revolution, Singh said since 1951, foodgrain production has increased five times, fish 14.3 times, milk 9.6 times and egg production 47.5 times. That apart, there has been three-fold jump in fruits and vegetables output from 1991-92, helping in achieving food and nutritional security.

“Our scientists are engaged in the development of innovative areas of science and technology and they are appreciated at the international level for their work,” he said, adding that scientists have played a role in furthering excellence in higher education. At the event, Singh also gave 122 awards for excellence in 19 categories. Recipients included 19 farmers, 80 scientists, 12 KVKs and three institutes.”

Highlighting the initiatives taken in last three years, the minister said the government has already provided soil health card to 9 crore out of 12 crore farmers. Soil health card coverage has reached 100 per cent in 16 states. Except Uttar Pradesh and Bihar, rest of the states will be covered in the next two months, he said. Singh also spoke about programmes to boost irrigation capacity and new insurance scheme to protect farmers from vagaries of monsoon as well as a scheme to link all 585 mandis through electronic platform. The minister asked ICAR scientists to go for new research to tackle new challenges in form of climate change and new crop diseases.

Government caps toor daal imports to 2 lakh MT per annum

By ET Bureau, Aug 05, 2017, 10.10 PM IST

NEW DELHI: In a move to shore up domestic prices of pigeon pea (toor daal) amid high production, the government on Saturday capped its import at two lakh tonnes a year.

The restriction will not apply to government’s import commitments under any bilateral/regional agreement,” Directorate General of Foreign Trade said in a notification.

India is world’s largest importer of lentils and buys pigeon pea from Tanzania, Mozambique, Myanmar and Malawi.

Source : http://economictimes.indiatimes.com/articleshow/59933704.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Chana Dal Makes the Latest Entry in the Oxford Dictionary

27/06/2017 11:26 PM IST | Updated 27/06/2017 11:36 PM IST

LONDON — Indian food essentials – chana and chana dal – are among the many new entries in the ‘Oxford English Dictionary’ (OED) unveiled on Tuesday.

Chickpeas (chana) and the split chickpea lentils (chana dal) join the vast list of more than 600 other words and phrases that the authoritative Oxford English Dictionary has deemed popular enough to be included in its quarterly update.

The clutch of words debuting in the world’s definitive guide to the evolving English language covers everything from lifestyle and current affairs to the educational world.

Source : http://www.ndtv.com/india-news/chana-dal-makes-the-latest-entry-in-the-oxford-dictionary-top-5-more-such-food-entries-1717922