Ga onbeperkt met Magzter GOLD

Ga onbeperkt met Magzter GOLD

Krijg onbeperkte toegang tot meer dan 9000 tijdschriften, kranten en Premium-verhalen voor slechts

$149.99
 
$74.99/Jaar

Poging GOUD - Vrij

Pulse of a nation: Is self-sufficiency in dal possible?

Mint Mumbai

|

January 12, 2024

Last week, the government launched a new portal to buy pulses directly from farmers at support prices, targeting to be self-sufficient by 2027. To achieve that goal farmers will also need high-yielding varieties and a favourable trade policy. Mint explains:

- SAYANTAN BERA

Pulse of a nation: Is self-sufficiency in dal possible?

1. What is the new portal about?

Last week, the government launched a new portal where farmers growing pulses can register and sell their produce directly to central agencies at the minimum support price (MSP). The move follows a spike in consumer prices which were 18% higher year-on-year in November 2023. Farmers often hesitate to grow pulses, preferring rice and wheat which government agencies procure at MSP to supply to the food security scheme. The Centre hopes the promise of assured purchase will get farmers to plant more pulses and cut imports. By end-2027, it expects India to be a net exporter of pulses.

2 What is the current supply gap?

In the past few years production of pulses was estimated at 27-28 million tonnes. Imports were 2.5 million tonnes in 2022-23. The shortfall is largely in varieties like arhar (pigeon pea), where lower production led to a surge in prices and imports. Other than pigeon peas, India also imports black gram and lentils. To increase domestic availability and cool retail prices, the government has allowed duty free import of pigeon peas, black gram and lentils till March 2025. While higher supply of imported pulses can help reduce local prices, it can also dissuade farmers from increasing the area under cultivation.

MEER VERHALEN VAN Mint Mumbai

Mint Mumbai

Rupee rumbles

The Indian rupee on Friday slumped to a record low of about 89.60 to the US dollar, zipping past the 89 mark for the first time.

time to read

1 min

November 24, 2025

Mint Mumbai

Mint Mumbai

Claims on dubious pre-IBC deals swell

At ₹4 tn, amount matches entire sum recovered via IBC in 10 yrs

time to read

3 mins

November 24, 2025

Mint Mumbai

Mint Mumbai

'Stay invested in the stock market, everything is for the long haul'

Veteran value investor Ramesh Damani is ignoring doomsday warnings about a US tech stock correction and noises surrounding corporate earnings growth trajectory back home, staying loyal instead to his credo of long-term investments, using a bottom -up approach. He remains unconcerned about short term market corrections, advising investors to

time to read

6 mins

November 24, 2025

Mint Mumbai

CHINA HAS MINERALS, INDIA HAS ITS PEOPLE

In 1992, Chinese leader Deng Xiaoping reportedly said that if West Asia had oil, China would have rare earths.

time to read

4 mins

November 24, 2025

Mint Mumbai

Rupee may decline further as RBI has little elbow space

The local currency market is bracing for more weakness in the coming weeks, after the rupee sharply slid to a record low of 89.41 against the US dollar within the last hour of trade on Friday.

time to read

3 mins

November 24, 2025

Mint Mumbai

Labour codes could act as an economic catalyst

If enforced as envisioned, the four codes can yield a more secure workforce and strengthen India's economy. Employers should not just comply but also focus on their collective interest

time to read

2 mins

November 24, 2025

Mint Mumbai

OYO Assets gets 125 cr fresh funds

OYO parent PRISM-backed OYO Assets has raised ₹125 crore in a fresh funding round from a clutch of institutional and private investors led by InCred, people aware of the development said.

time to read

1 min

November 24, 2025

Mint Mumbai

Will realty keep the pre-sale pace?

Listed realty firms are banking on new launches to drive pre-sales in H2FY26.

time to read

2 mins

November 24, 2025

Mint Mumbai

Mint Mumbai

How new labour codes impact your gratuity, PF

The new labour codes have overhauled how wages, gratuity, provident fund (PF), pension and other social security benefits are calculated. These changes impact employees and employers alike.

time to read

2 mins

November 24, 2025

Mint Mumbai

INDIA’S TERROR THREAT SHIFTS CLOSER HOME

Life, once in a while, throws up events that brutalise your consciousness and traumatise you for the rest of your life. The terror attacks in Mumbai on 26 November 2008, and in Pahalgam and Delhi this year top such chilling incidents.

time to read

3 mins

November 24, 2025

Listen

Translate

Share

-
+

Change font size