Pulses output to rise on higher acreage

Pulses output to rise on higher acreage
PTI
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First Published: Mon, Jul 30 2007. 12 03 AM IST
Updated: Mon, Jul 30 2007. 12 03 AM IST
New Delhi: Pulses production may increase in kharif 2007 as area under coverage for the crop has gone up by 13% till 26 July. Pulses acreage stood at 8.45 million ha so far this year against 7.45 million ha in the year-ago period.
Pulses output in the country is estimated higher at 14.23 million tonnes (mt) during 2006-07, against 13.39mt in the previous year, but is still short of demand which is pegged at over 17mt. Out of the total production estimated for 2006-07, 4.74mt is from kharif and 9.49mt is from rabi crop. “The acreage has definitely gone up in the current kharif season. But it is too early to predict that production would also increase,” an importer said.
The government had said it would import 1.5mt of pulses this year to fill the demand-supply gap, which would help in stabilizing the prices of the commodity. It is importing pulses through state-owned agencies State Trading Corp., Minerals and Metals Trading Corp., Projects and Equipment Corp. of India Ltd and National Agricultural Cooperative Marketing Federation of India Ltd (Nafed) by subsidizing them 15% of the cost.
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First Published: Mon, Jul 30 2007. 12 03 AM IST
More Topics: pulses | Nafed | Money Matters | Commodities |