Checking dal price: Panel set up to consider MSP hike, bonus for pulse production

By: |
New Delhi | July 11, 2016 6:55 PM

The Central government today set-up a high-level committee headed by chief economic adviser Arvind Subramanian to consider increase in minimum support price for pulses and bonus for farmers.

The Subramanian committee has been asked to submit its report in two week. (Source IE)The Subramanian committee has been asked to submit its report in two week. (Source IE)

The Central government today set-up a high-level committee headed by chief economic adviser Arvind Subramanian to consider increase in minimum support price for pulses and bonus for farmers.

A decision in this regard was taken by a committee of ministers headed by Union Finance minister Arun Jaitely.

The committee also decided to increase the buffer stocks of the country from 8 lakh tonnes to 20 lakh tonnes.

The committee headed by Subramanian will consider a “reasonable increase in MSP for pulses and providing bonus to farmers for producing pulses,” a food ministry spokesperson said.

Talking to mediapersons on Monday, Union food minister Ram Vilas Paswan said: “The government has decided to set up the committee under the chief economic advisor to frame a long-term policy on pulses, which will look into various options, including MSP and bonus. In my understanding, the production bonus is more fruitful for farmers as compared to MSP.”

The Subramanian committee has been asked to submit its report in two week.

The increasing prices of pulses in the country has forced the Union government to take sincere steps in this regard. The government has decided to import pulses from Mozambique and Myanmar.

India will import 1 lakh tonne of arhar and tur dal annually from Mozambique. Prime Minister Narendra Modi, during his visit to African countries including Mozambique, signed an agreement in this regard.

Earlier in June, the government had sent one team each to Myanmar and Mozambique to explore the possibility of growing dal in these countries to meet the domestic demand in India.

Besides Mozambique and Myanmar, the government is also exploring possibilities of import of pulses from African countries like Malawi through leasing of farms for growing pulses, to meet domestic demand.

(With IANS inputs)

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