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127651
Sun, 06/13/2010 - 19:09
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https://oananews.org//node/127651
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Govt announces Rs 2K-cr sops to pulses farmers
New Delhi, June 13 (PTI) To woo the pulses farmers to
sell their produce to the procurement agencies, the Indian
government has announced a Rs 5-a kg incentive to the growers,
on top of the higher support price that it had announced last
week.
The incentive of Rs 500 per quintal would be given to
the farmers growing tur, urad and moong dals, sold during the
two-month harvest period. The new sop would cost the Centre an
additional outgo of up to Rs 2,000 crore this year.
"This is likely to result in a subsidy payment of Rs
1,000 crore to Rs 2,000 crore," an official statement said.
Last week, the Cabinet Committee on Economic Affairs had
announced a sharp increase of up to Rs 700 a quintal in the
minimum support price of pulses.
The government soon followed this up with an additional
incentive of Rs 5 a kg to the farmers to motivate them to
increase acreage under pulses, particularly widely consumed
arhar, moong and urad dals.
Prices of pulses are skyrocketing in the retail market.
Moong dal is selling at over Rs 100 a kg, while arhar and urad
dals are also not far behind. The domestic production of
pulses stood at 14.77 million tonne in the 2009-10 crop year
as against the annual demand of 18-19 million tonne, resulting
in 3.5 million tonne imports last fiscal.
The maximum increase in the MSP was given for tur, which
is now 30 per cent at Rs 3,000 a quintal from Rs 2,300 last
year. The MSP of moong dal has been raised from Rs 2,760 to Rs
3,170 per quintal, while that of urad to Rs 2,900 per quintal
from Rs 2,520.
The Centre is also spending Rs 837 crore under various
schemes for pulses development this year, which is an
eight-fold increase from Rs 105.59 crore in 2007-08 fiscal, to
encourage farmers for growing more pulses.
"The rise in public investment, availability of inputs,
extension support, increase in MSP and the special incentive
of Rs 5 per kg are expected to spur farmers to grow pulses.
This, in turn, will reduce the country's dependence on imports
and lead to moderation in prices," the statement said. PTI
sell their produce to the procurement agencies, the Indian
government has announced a Rs 5-a kg incentive to the growers,
on top of the higher support price that it had announced last
week.
The incentive of Rs 500 per quintal would be given to
the farmers growing tur, urad and moong dals, sold during the
two-month harvest period. The new sop would cost the Centre an
additional outgo of up to Rs 2,000 crore this year.
"This is likely to result in a subsidy payment of Rs
1,000 crore to Rs 2,000 crore," an official statement said.
Last week, the Cabinet Committee on Economic Affairs had
announced a sharp increase of up to Rs 700 a quintal in the
minimum support price of pulses.
The government soon followed this up with an additional
incentive of Rs 5 a kg to the farmers to motivate them to
increase acreage under pulses, particularly widely consumed
arhar, moong and urad dals.
Prices of pulses are skyrocketing in the retail market.
Moong dal is selling at over Rs 100 a kg, while arhar and urad
dals are also not far behind. The domestic production of
pulses stood at 14.77 million tonne in the 2009-10 crop year
as against the annual demand of 18-19 million tonne, resulting
in 3.5 million tonne imports last fiscal.
The maximum increase in the MSP was given for tur, which
is now 30 per cent at Rs 3,000 a quintal from Rs 2,300 last
year. The MSP of moong dal has been raised from Rs 2,760 to Rs
3,170 per quintal, while that of urad to Rs 2,900 per quintal
from Rs 2,520.
The Centre is also spending Rs 837 crore under various
schemes for pulses development this year, which is an
eight-fold increase from Rs 105.59 crore in 2007-08 fiscal, to
encourage farmers for growing more pulses.
"The rise in public investment, availability of inputs,
extension support, increase in MSP and the special incentive
of Rs 5 per kg are expected to spur farmers to grow pulses.
This, in turn, will reduce the country's dependence on imports
and lead to moderation in prices," the statement said. PTI
