He said micro-irrigation (drips and sprinklers) is a technological option, and though it reaches only about 10% of the potential area, it can contribute to manage demand.
While the government has allowed 100% FDI in animal husbandry, industry feels global dairy giants may be reluctant to come in because of ban on cow slaughter.
“This year, we are looking at surplus rain unlike the two previous years, with a likelihood of monsoon extending till September end."
Palm oil prices are likely to fall as Indonesia has withdrawn the export duty on July shipments. Soyabean prices are low due to the monsoon’s progress in India and a weak global market.
"Similarly, consumers have gone for yellow peas across West Bengal, Bihar, Odisha and UP," said Pravin Dongre, chairman of Indian Pulses and Grain Association.
Seven reservoirs, most of them in Maharashtra, do not have water, the commission said, adding that the scenario was improving with the onset of monsoon.
Monsoon arrived at India's southern Kerala coast on June 8, a day later than forecast, but the weather office expects rains to pick up in July.
India is the biggest importer, consumer and producer of pulses with consumption touching 22-23 million tonne annually.
In Delhi, at outlets of Kendriya Bhandar and Mother Dairy’s Safal store, 1,058 quintals of tur and 345 quintals of urad have been sold at Rs 120 per kg, the release said.
Prices of yellow peas had firmed up exponentially by 16% in the past one month to Rs 32.50 a kg in wholesale from Rs 28 a kg.
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