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HIGHLIGHTS:

Price of Pulses in India is continuing the downtrend and most of the Pulses are now below the Minimum Support Price (MSP) at present. As the country is expecting a bumper production this year, it is unlikely that the prices will recover. The government had imposed ban on Pulses export earlier which is also now adding fuel to the worse situation and making Pulses non-profitable cultivation for the farmers. If the government comes up with some effort to remove the removal of ban on exports it may result in the prices to move up and thus will benefit the farmers. The India Pulses and Grain Association (IPGA) have submitted a request to the government regarding the removal of export ban as it will boost income of farmers. They have also appealed for incentivize use of technology in Pulses cultivation expecting this will improve yield and make farming attractive for farmers to keep them interested in the crop and improving the marketability of crops. India is likely to become self sufficient in Pulses in the next two to three years, said union agriculture minister. The country is expected to produce a record 20 million tones of Pulses on the back of bumper kharif harvest and good rabi sowing in 2016-17.

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