IB, DRI to keep close watch on speculators in pulses trade

February 11, 2016

New Delhi, Feb 11: To ensure that prices of pulses do not flare up any further, central security agencies including Intelligence Bureau and Directorate of Revenue Intelligence have been asked to keep a close watch on tur, urad and gram traders to check speculation and hoarding.trade

Pulses prices have been under pressure since last year due to production fall in the wake of unfavourable weather. For instance, retail tur prices had shot up to Rs 200/kg in most places, which after series of government steps have now cooled down to Rs 160/kg though still costlier for common man.

Despite several steps, pulses prices are expected to remain firm this year as well due to production concerns because of drought for the second straight year.

In this backdrop, sources said, a meeting of central security agencies -- IB, DRI, Income Tax Department, Directorate General of Foreign Trade (DGFT) and Delhi Police -- was recently called by the Consumer Affairs Ministry to discuss further actions to curb "satta operators" in pulses trading and keep prices under control.

"In the meeting, the enforcement agencies were asked to concentrate on tur and urad traders in the coming days. They have been informed to take stringent action against "satta operators" in these commodities," the sources said.

Since the harvesting of winter-sown gram dal will begin shortly, the agencies have been asked to keep a close watch on trading of this particular dal, the sources said.

In order to check hoarding of imported dals, the customs department has been asked to collect port-wise details of imported stocks and see if imported pulses are being kept at ports beyond a reasonable period, they added.

In the meeting, it was also informed that the recent income tax raids conducted in several cities on masoor dal traders helped cool down prices to a large extent.

Retail masoor dal prices have now declined below Rs 80 per kg from Rs 120 per kg level in last three-four months, as per the government data.

According to sources, the enforcement agencies have decided to meet on a regular basis and will also take views of the state officials in the meeting through video conference for effective actions against speculators.

Besides keeping curb on speculators, the government is increasing availability of pulses in the domestic market through imports. It is also building a buffer stock.

Pulses output had declined by 2 million tonnes to Rs 17.38 million tonnes in 2014-15 crop year (July-June). In the current year, pulses output from the kharif (summer) season is estimated to be slightly lower at 5.56 million tonnes. Rabi (winter) pulses are yet to be harvested.

India imports 4-5 million tonnes of pulses annually as domestic demand is about 22-23 million tonnes.

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Agencies
June 20,2020

New Delhi, Jun 20: After Prime Minister Narendra Modi said there are no foreign incursions into India, China has once again claimed that Galwan valley of Ladakh union territory is located on the Chinese side of the Line of Actual Control (LAC).

In an official statement on the step-by-step account of the Galwan face-off where 20 Indian soldiers were killed, China's foreign ministry spokesperson Zhao Lijian has said the Galwan valley is located on the Chinese side of the LAC in the west section of the China-India boundary.

"For many years, the Chinese border troops have been patrolling and on duty in this region," Zhao said alleging that since April this year, the Indian border troops have unilaterally and continuously built roads, bridges and other facilities at the LAC in the Galwan Valley.

China has lodged representations and protests on multiple occasions but India has gone even further to cross the LAC and make provocations, Zhao said.

By the early morning of May 6, the Indian border troops, who had crossed the LAC by night and trespassed into China's territory, built fortification and barricades, which impeded the patrol of Chinese border troops, Zhao said adding that they deliberately made provocations in an attempt to unilaterally change the status quo of control and management.

The Chinese border troops, he said, were "forced to take necessary measures to respond to the situation on the ground and strengthen management and control in the border areas."

In order to ease the situation, China and India have stayed in close communication through military and diplomatic channels, he said. "In response to the strong demand of the Chinese side, India agreed to withdraw the personnel who crossed the LAC and demolish the facilities, and so they did.

On June 6, the border troops of both countries held a commander-level meeting and reached consensus on easing the situation. The Indian side, he said, promised that they would not cross the estuary of the Galwan river to patrol and build facilities and the two sides would discuss and decide phased withdrawal of troops through the meetings between commanders on the ground.

"Shockingly, on the evening of June 15, India's front-line troops, in violation of the agreement reached at the commander-level meeting, once again crossed the Line of Actual Control for deliberate provocation when the situation in the Galwan Valley was already easing, and even violently attacked the Chinese officers and soldiers who went there for negotiation, thus triggering fierce physical conflicts and causing casualties."

"The adventurous acts of the Indian army have seriously undermined the stability of the border areas, threatened the lives of Chinese personnel, violated the agreements reached between the two countries on the border issue, and breached the basic norms governing international relations," the spokesperson said.

Beijing, he said, hopes that India will work with China, follow faithfully the important consensus reached between the two leaders, abide by the agreements reached between the two governments, and strengthen communication and coordination on properly managing the current situation through diplomatic and military channels, and jointly uphold peace and stability in the border areas.

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Agencies
February 11,2020

New Delhi, Feb 11: People of Delhi have explained the true meaning of nationalism through their mandate, AAP's prominent face Manish Sisodia said as he clinched victory on the Patparganj seat.

Sisodia, who retained his seat for the third time, said the BJP indulged in "politics of hate", but people refused to be divided.

"I am happy to have won the Patparganj seat again. The BJP indulged in politics of hate, but I thank the people of Patparganj. Today, Delhi's people have chosen a government which works for them and explained the true meaning of nationalism through their mandate," he told reporters.

Sisodia, who was the Deputy Chief Minister and led the government's education reforms agenda, defeated BJP's Ravinder Singh Negi by a margin of over 3,500 votes.

The initial trends saw a seesaw battle between Sisodia and Negi.

In 2013, Sisodia had won by a margin of 11,000 votes and in 2015 by over 28,000 votes.

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News Network
January 9,2020

Dubai, Jan 9: A roadshow promoting Gujarat as an education hub of India will be held here from January 17, officials said.

Representatives of 22 universities and four colleges from Gujarat will be part of the two-day event organised by the Indian Consulate in Dubai.

"The roadshow will provide a glimpse of the thriving education sector in Gujarat and enable the interested candidates to get a first-hand understanding of the rich resources of the state in order to pursue higher education," according to a statement released by the Indian Consulate here on Wednesday.

A delegation led by Gujarat's Education Minister Bhupendrasinh Chudasama will take part in the event under the 'Study in Gujarat' campaign, the statement said.

The Principal Secretary of the state's Higher and Technical Education, Anju Sharma, will participate in the roadshow, which will conclude on January 18.

The participating educational institutions include Pandit Deendayal Petroleum University, Gujarat Forensic Science University, Nirma University, LD College of Engineering, Gujarat Arts and Science College, Vishwakarma Government College and SAL College.

"In the last decade and a half, Gujarat has been successful in establishing its identity as the leading educational hub of India. State of the art infrastructure, safe environment, curriculum at par with international standards and industry exposure gives students an edge during the course of their study," the statement said.

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