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Curb on exports of pulses lifted
Context
- The Cabinet Committee on Economic Affairs has abolished all restrictions on export of pulses to allow farmers to seek remunerative prices for their output.
Why this step?
- India produced 23 million tonnes of pulses in 2016-17 and the government has set a target to produce 22.90 million tonnes in 2017-18.
- The Centre has acquired 20 million tonnes at market rates or minimum support price.
- The Cabinet’s economic panel has further decided that the export and import policy for pulses will be reviewed by a committee of top officials
- This is also likely to provide higher levels of protein to the population and work towards nutritional security.
