Like onion, now pulses prices can also rise

Nov 15 2019 11:05 AM
Like onion, now pulses prices can also rise

New Delhi: Lower production this year may lead to an increase in pulses prices. To deal with this situation, the Ministry of Consumer Affairs has advised the Ministry of Commerce to increase the imports by removing the ban on the quantity of pulses imports. This year, the government had fixed a quota of four lakh tonnes for the import of arhar dal, which is going to end on November 15. The import data for Mung and Urad has already ended on 31 October. A senior officer of the Ministry of Consumer Affairs said, "Like onions, the price of pulses can also rise. Import can not be availed if the approval is delayed.

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In particular, the prices of pulses are increasing, the price of arhar dal has crossed Rs 100 per kg. According to the Ministry of Food, there are enough pulses to meet domestic needs, but any type of fluctuation can reduce it. The officer said, "We need to increase supply through imports so that pressure can be reduced." Banning imports would be right if you have enough production. But with the possibility of lowering the yield of pulses, a ban on imports will increase prices.

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The country is estimated to have about 256 lakh tonnes of pulses stock, including buffer stock this year. At the same time the demand can be 254 lakh tonnes. This means that we have more or less stock available to meet the need. The government currently has a buffer stock of 8 lakh tonnes of arhar dal and 15 lakhs of Gram. Due to heavy rains crops have been damaged. The officer said, 'Heavy rains in Karnataka and Maharashtra have damaged crops of pulses, including tur. We have to import pulses to bring rising prices back to normal levels. In major producing states like Madhya Pradesh, about 50% crop of Urad has been damaged. Due to heavy rains, the standing decisions have been badly affected. The government is monitoring the prices of pulses daily.

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