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Agriculture
Pulses dearer by 64% in first year of Modi government

The government is considering importing pulses through state-owned trading firms such as MMTC to boost domestic supply and check the rise in retail prices.

 
 
Indian scientists have completed final trials of a genetically modified (GM) variety of mustard and will submit a report to the government in a month.
The Japanese brokerage says the possibility of El Nino conditions is developing this year and this could possibly push food inflation temporarily higher.
The Prime Minister said that he has also asked banks to restructure loans of affected farmers and instructed insurance companies to pro-actively settle their claims.
Reports of potato farmers committing suicides have emerged from Uttar Pradesh (the largest producer) and even from West Bengal.
 
 
India's biggest sugar producing state, Maharashtra, approved a subsidy of Rs 1,000 per tonne for raw sugar exports, a senior state government official said.

Subramanian also said inflation is not expected to run up in the medium-term due to the recent unseasonal rains.
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