Pulses Current Affairs - 2020

Union Government Arvind Subramanian committee to tackle the shortage of pulses

The Union Government has recently constituted a high-level committee headed by Chief Economic Adviser Arvind Subramanian to tackle the shortage of pulses in India.

The committee was constituted by the high-level meeting chaired by Finance Minister Arun Jaitley in New Delhi.

Terms of References

  • The committee is tasked to study and suggest ways to contain the rising prices of pulses in the country.
  • The committee will consider a reasonable hike in the Minimum Support Price (MSP) for pulses and bonus for the farmers to promote pulse cultivation.
  • Frame an appropriate long term policy to promote cultivation of pulses in India and shall also consider the issue of subsidising farmers who wish to grow pulses.

Beside this, the Union Government also has decided to increase the buffer stock of pulses from 8 lakh to 20 lakh tonnes.

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India-Mozambique ink three agreements

India and Mozambique have signed three Memoranda of Understanding (MoU) in areas of drug trafficking, pulse trading and sports.

These MoUs were signed between two countries at Maputo, Mozambique in the presence of Prime Minister Narendra Modi and Filipe Nyusi, President of Mozambique.

Signed Agreements are

  • MoU on long term agreement for purchase of pulses.
  • MoU on cooperation in the field of youth affairs and sports.
  • MoU on reduction of drug trafficking and psychotropic substances and related materials.

Key Facts

  • The MoU on long term agreement for purchase of pulses will promote the production of Tur (Pigeon Peas) and other pulses in Mozambique to encourage trading of pulses.
  • It will also play an important role in augmenting domestic availability of pulses in India and thereby stabilising its prices.
  • The contract will be valid for five financial years i.e. till 2020-21 and pulses under it will be imported by India either through the Government-to-Government (G2G) or private channels nominated by two countries.

Background

Prime Minister Narendra Modi visited Mozambique as part of his first leg of the five day official four African nations tour viz. Mozambique, South Africa, Tanzania and Kenya. PM Narendra Modi’s African countries tour agenda is on energy, food security, trade, maritime cooperation and diaspora interactions.

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