SME Times News Bureau | 17 Nov, 2017 The Cabinet Committee on Economic Affairs on Thursday gave its approval
for removing prohibition on export of all types of pulses to give the
farmers greater choice in marketing their produce for improved incomes.
"The
CCEA (Cabinet Committee on Economic Affairs) has approved the removal
of prohibition on export of all types of pulses," Law Minister Ravi
Shankar Prasad told reporters after a meeting of the Union Cabinet.
He said the move will give the farmers greater choice in marketing their produce and lead to improved incomes.
The
CCEA also empowered the committee chaired by Secretary, Department of
Food and Public Distribution, to review the export or import policy on
pulses.
It will also consider measures such as quantitative
restrictions, prior registrations and changes in import duties depending
on domestic production and demand, domestic and international prices
and international trade volumes.
An official release said that
opening of export of all time pulses will help the farmers to dispose of
their products at remunerative prices and also encourage them to expand
the area of sowing.
It said the export of pulses will provide
an alternative market for the surplus production of pulses and help the
country and its exporters to regain markets.
The release said
that integration with global supply chain is also likely to help the
farmers in adopting good agricultural practices and better productivity.
