In January this year, the government imposed a stock limit on tur and urad to prevent hoarding and unscrupulous speculation, and help improve affordability for consumers. While the restriction was to end on October 30, the government extended it till December-end. On Tuesday, the all India retail price of urad was Rs 11,198.09 a quintal against last year’s Rs 9,627.48, according to government data.
The below-normal rains have also impacted water reservoir levels, a potential threat to winter crops, especially wheat, which are largely dependent on irrigation