PMGKAY’s latest version completely does away with free allocation of pulses to households. But this isn’t good news for those struggling to meet their nutritional requirements.
Prices of pulses have seen sustained inflation this year, hovering above the Rs 100/kg in the retail market. Govt move comes ahead of gradual unlocking, with the festival season just weeks away.
Govt officials say there will still be MSP procurement, but farmers say imports will make prices crash. Traders also won’t earn much on stored stocks due to lower prices.
BKS says these pulses are to be sown in kharif season beginning soon, and if farmers are worried about low prices due to imports, it’ll affect govt’s ‘atmanirbhar’ push.
Price Stabilisation Fund Management Committee recommends increase in buffer stock of pulses due to continued inflation in market prices & increasing y-o-y production.
The excess rainfall is likely to damage crops such as soybean, onion, urad and moong in major production states of Maharashtra, Madhya Pradesh and Karnataka.
Prices are already increasing as hotels & restaurants reopen, govt acquires large quantities for distribution under Covid plan, and demand rises further.
NAFED has procured 21.43 lakh metric tonnes of chana dal, as Modi govt has promised 1 kg per month free to every ration card-holding family until November.
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