Arvind Subramanian panel constituted to tackle pulses shortage

Jul 14, 2016 15:19 IST

ArvindSubramanianUnion Government on 12 July 2016 constituted a high-level committee to review the minimum support price (MSP) and bonus for pulses.

The committee will be headed by Chief Economic Adviser Arvind Subramanian. It has been asked to submit its report within two weeks.

Cause of action of the panel

• It will look into various options to frame a long-term policy on pulses to tackle shortage.

• It will suggest an appropriate policy to promote cultivation of lentils in India.

• It will find the measure to contain the rising prices of pulses in the country.

The decision if setting a panel for the purpose was taken at a meeting which was chaired by Finance Minister Arun Jaitley who reviewed the availability of pulses and their prices.

Present status of Pulses in India

The production of pulses in India is expected to increase to 20 million tonnes in 2016-17 from 17 million tonnes in 2015-16. This increase has been caused by a sharp increase in MSP announced earlier, but it will still fall short of about 25 million tonnes needed annually.

Now get latest Current Affairs on mobile, Download # 1  Current Affairs App

Is this article important for exams ? Yes3 People Agreed

Latest Videos

Register to get FREE updates

    All Fields Mandatory
  • (Ex:9123456789)
  • Please Select Your Interest
  • Please specify

  • ajax-loader
  • A verifcation code has been sent to
    your mobile number

    Please enter the verification code below

This website uses cookie or similar technologies, to enhance your browsing experience and provide personalised recommendations. By continuing to use our website, you agree to our Privacy Policy and Cookie Policy. OK