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.
Month: Current Affairs - July, 2016