Agriculture Current Affair 9 September 2022

Centre slaps export duty of 20% on non-basmati rice

Possible decline in rice production in 2022-23, rise in domestic price prompt caution

The Centre has decided to impose an export duty of 20 per cent on non-basmati rice (excluding parboiled) from September 9 amidst concerns over domestic price rise and a possible decline in rice production in 2022-23 due to deficient monsoon rains.

The export levy of 20 per cent has been imposed on rice in husk (paddy or rough), husked (brown) rice, and semi-milled or wholly-milled rice, whether or not polished or glazed (other than parboiled rice and basmati rice), according to a notification issued by the Revenue Department on Thursday. “The notification will come into force from September 9, 2022,” it stated.

Centre unlikely to achieve pulses procurement target

Unless the Government has a clear policy, farmers may not get MSP, say experts

The Centre’s plan to increase procurement of pulses may remain on “paper” unless it comes out with a clear policy on “procurement and disposal”, experts say.

Procurement of pulses has been lower historically with the purchase of urad (black matpe) being less than one per cent of the target. As a result, farmers are unlikely to get the minimum support prices (MSP) for pulses, they say.

Data collected by BusinessLine show that pulse procurement has generally been low. Last week, the Union Cabinet raised the procurement limit of tur (pigeon pea), urad and masur (luntil) to 40 per cent from 25 per cent of their total production.

Data show that only 0.7 per cent of the sanctioned 2.25 lakh tonnes (lt) of urad and 5.2 per cent of 7.1 lt of tur could be procured last year by the Centre through its agencies — Nafed (National Agricultural Cooperative Marketing Federation) and Food Corporation of India (FCI).

Moong’s purchase was slightly better with 16 per cent of 4.7 lt (sanctioned quantity) could be purchased. Data also show that mandi prices (all India average) were 5-16 per cent below MSPs during the procurement period.

Rabi foodgrain production target pegged higher at 164.8 mt

Target higher by 5.2 mt over the fourth advance estimates of 159.68 mt released in August

Foodgrain production target for the upcoming rabi cropping season is fixed at 164.8 million tonnes (mt). This includes 112 mt wheat, 13.5 mt gram and 18.5 mt rice.

The targets are higher by about 5.2 mt over the fourth advance estimates of 159.68 mt for 2021-22, released mid-August. The total oilseeds production target for the rabi season is 14.45 mt — higher than the previous year’s output of 13.80 mt.

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