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Panel under CEA ( Chief Economic Adviser ), Arvind Subramanian pitches PPP model for procurement.
For the immediate Kharif Season – Panel has called for additional allocation of Rs 10,000 crore to the agencies to procure Moong, Tur and Urad at their respective MSP’s.
Panel has defended the higher MSP’s – on the ground that farmers need to be compensated for the greater inherent risks in growing pulses because of weather, pest and price shocks, apart from the ” social externalities”.
Panel has also advocated immediate elimination of the current export ban and stock limits imposed on pulses.
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