March 16, 2022
The senior editor of the Hindu Business Line reacts to the official pulse production figures and discusses the impact of the Russia-Ukraine war on India, as well as the country’s pulse demand outlook and changing import policies.
0:51 Chandra, it is always good to see you. To begin with, I’d like to get your reaction to the government’s second advance estimate released last month. What do you think about their numbers for pulses this rabi season?
7:47 Let’s talk about the Ukraine situation next. Of course, the human toll of the conflict is first and foremost, and our hearts and prayers are with the people there. The war has also had an impact beyond the borders of Ukraine, as seen in the high price of oil and major commodity crops, for instance. Could you speak to the impact in India, and specifically for India’s pulse markets?
10:07 Last time we spoke, you mentioned there was a slowdown in demand. Has demand improved since then? And if you could speak specifically to the situation of the HoReCa sector.
12:54 We’ve seen news reports of dal mills cutting back on production due to reduced demand. Can you update us on this situation?
15:38 The government abruptly banned moong imports on February 11 in order to control prices. It has since relaxed the ban to allow traders to bring in imports contracted before that date. How do you see the supply-demand situation for moong through the remainder of the fiscal year?
17:57 Do you see the possibility of additional shifts in trade policy in the near to mid term?
20:06 The IPCC’s latest report lists India as one of the countries that will suffer the most economic harm due to climate change. Has this report had any repercussions in policy-making circles?
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