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Home Lifestyle Food

The cost of pulses will be tightened: Demand for imports pulses

Business News by Business News
October 12, 2020
in Food
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Pulses will be tightened on the price of pulses Doors doing business demand for imports
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In order to control the unbridled price of all pulses including tur, urad, moong and gram, the central government has taken other steps including providing urad and tur dal to consumers at cheaper rates. However, pulses traders consider it insufficient. He says that the price of pulses will moderate slightly in the coming days, but to increase domestic availability, import of tur is necessary. The All India Mill Association says that unless the government releases the buffer stock of tur in the open market or issues a license for import, the inflation of pulses will not be stopped as traders have very little stock of tur and new The harvest is still two months late.

In Delhi-NCR, consumers have to pay Rs 120 to 140 for tur dal, Rs 130 to Rs 150 for urad and Rs 120 to 150 per kg of moong. According to the prices compiled on the website of the Union Ministry of Consumer Affairs, the retail price of tur on Sunday was 75 to 125 rupees, urad dal prices 70 to 126 rupees, moong dal prices 80 to 120 rupees per kg in the country.

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For retail intervention by the Central Government to curb inflation of pulses, Dhuli Urad (stock of Kharif-2018) at Rs. 79 per kg and (stock of Kharif-2019) at Rs. 81 per kg to the States / UTs. Is being provided Similarly, tur dal is being provided at the rate of Rs 85 per kg. This information was given by the ministry on Saturday.

Suresh Aggarwal, president of All India Dal Mill Association, said that providing pulses to people at cheaper rates will soften prices slightly, but will not make much difference in prices.

Agarwal said the price of pulses will be curbed only when the government sells the stock of tur with Nafed in the open market or will be issued a license to import tur.

He said that the government has fixed the quota for import of four lakh tonnes this year, but the license for import has not been issued yet.

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Nafed Managing Director Sanjeev Kumar Chadha said that Tuar has eight lakh tonnes of buffer stock and out of this stock of three to four lakh tonnes can be extracted, but how much stock will be kept and how much will be taken out will depend on the decision of the government.

Pulses market experts say that the arrival of the new crop of tur has started, yet the government has recently allowed import of 1.50 lakh tonnes of urad. In such a situation, it is possible to issue a license for import of tur because there is still more than two months delay in the arrival of new tur crop.

Let us know that in the first advance production estimate of the crop year 2020-21 released by the Union Ministry of Agriculture and Farmers Welfare, the production of tur in the Kharif season has been estimated to be 40.4 lakh tons, whereas last year the production of tur was 38.3 lakh tons.

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Source: investmentguruindia.com

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