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#Punjab #Farmers were encouraged to shift away from #bajra #pulses #oilseeds #chana & enter #wheat-#paddy cycle by a assured price mechanism policy; why not assure MSP for #pulses to Punjab farmers, which can cut 16,627 crore imports, reduce paddy acreage & paddy #straw ?
An example to show, how the shift from pulses in Punjab happened.
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In 1960-61, #pulses acreage in #Punjab was 9.03 lakh hectares with production of 7.09 lakh ton, but; in 2018-19 Kharif, it dropped to 7500 hectares with a production of 6200 tons
The per kg cost of pulse import increased from Rs 16.88 in 2006-07 to Rs 42.80 in 2016-17 (rise of 10%/year). If India were to continue to import large quantities of pulses, the unit cost of such imports is to increase for sure. Why not encourage Punjab farmers to grow pulses ?
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Shanghai INE low sulfur fuel oil futures open up 5% as global energy prices advance. #OOTT #fueloil
Shanghai INE crude oil futures extend gains to 5.6%, SHFE fuel futures up 4.2%. #OOTT
Zhengzhou #wheat futures rise 5% in night session. #China
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