In Pune, tur dal prices rose by over 10% in less than a month despite an open import policy. The industry cites raw material shortages and hoarding as reasons for the hike.
In Pune, tur dal prices rose by over 10% in less than a month despite an open import policy. The industry cites raw material shortages and hoarding as reasons for the hike.
The government s tur dal procurement drive has received a lukewarm response from farmers due to lower prices, stringent quality norms, and formalities. Small farmers sell to private traders while bigger farmers hold the crop, expecting prices to rise further. The government s presence in the market has increased tur dal prices by 15% in the last two months.
Along with the changes made in import policy, the Centre has asked state governments to monitor pulses under the Essential Commodities Act to control any spike in prices. As prices of most of the pulses are ruling close to the minimum support price levels, trade participants are surprised by the policy changes.