Pulses

Nirmala Sitharaman on Economic Package: Govt to amend Essential Commodities Act to deregulate cereals, edible oil, pulses

The government will amend the six-and-a-half-decade old Essential Commodities Act to deregulate food items, including cereals, edible oil, oilseeds, pulses, onion and potato, Finance Minister Nirmala Sitharaman said on Friday

Retail inflation eases to 5.91% in March from 6.58% in February on falling food, fuel prices

The retail inflation based on Consumer Price Index (CPI) was 6.58 percent in February 2020 and 2.86 per cent in March 2019.

Govt pegs wheat production at record 106.21 mn tonne in 2019-20 on increase in acreage, good monsoon rains

Wheat production has been estimated at a record level for this year as acreage under wheat crop has increased substantially due to better soil moisture following good monsoon rains.

Wholesale inflation spikes to nine-month high of 3.1%; impact of rise in fuel cost, manufactured food products

Wholesale inflation has spiked to 3.1 percent in January from 2.59 percent in the previous month on higher fuel cost and price rise in manufactured products, as per government data released on Friday

India on track to become self-sufficient in pulses production: Agriculture Minister Narendra Singh Tomar

India, the world's largest consumer and importer of pulses, is on track to become self-sufficient in production of the protein-rich commodity and will further boost the output to meet global demand, Agriculture Minister Narendra Singh Tomar said on Monday

Retail inflation shoots up to over 3-year high of 5.54% in November on costlier food prices

Retail inflation rose significantly to over three-year high of 5.54 percent in November, mainly on account of higher food prices

Govt hikes minimum support price of wheat by Rs 85 per quintal and pulses by up to Rs 325 per quintal

The government on Wednesday increased the minimum support price (MSP) for wheat by Rs 85 to Rs 1,925 a quintal and for pulses by up to Rs 325 per quintal, official sources said

Centre plans to make Essential Commodities Act simpler, may replace jail term with penalty, fine; seeks suggestions from states

The proposed amendment in the Essential Commodities Act is being done in consultation with the NITI Aayog with an aim to boost investment and ease of doing business without compromising on consumer protection.

Monsoon deficit narrows, kharif sowing progressing well: Agriculture Minister Narendra Singh Tomar

The deficit in southwest monsoon has narrowed and the sowing of summer (Kharif) crops is progressing well across the country, Agriculture Minister Narendra Singh Tomar said on Friday

Inflation numbers well on track, but what Budget offers to revive industrial growth this year will be interesting to watch

Core inflation is the serious part that can be affected by monetary policy action and hence the direction becomes critical.