Business Today - - THE BUZZ - – Joe C. Mathew

RABI CROP SOW­ING is in progress and the area un­der pulses cov­er­age un­til mid- Novem­ber has been about 69.95lakh hectare, 18 per cent less, than the 85.32 lakh hectares cov­er­age for the same pe­riod last year. The de­cline in area cov­er­age is vis­i­ble in all ma­jor pulses grow­ing states: Mad­hya Pradesh, Ma­ha­rash­tra, Ut­tar Pradesh, Ra­jasthan, and Kar­nataka. It is a fact that dec­la­ra­tion of high Min­i­mum Sup­port Price ( MSP) re­sulted in a quan­tum jump in In­dia’s pulses pro­duc­tion in re­cent years. Per­haps en­thu­si­asm has be­gun to wane be­cause the farm­ers aren’t get­ting the promised high MSP. It is high time gov­ern­ment re­alises that an­nual in­crease in MSP is mean­ing­less un­less it reaches the farmer.

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