Pulses supply News

Opening of export of all types of pulses will help the farmer to dispose off their products at remunerative prices and also encourage them to expand the area of sowing.

The country is expecting "bumper" crop of pulses this year but the supply will fall short of the demand, the government said on Friday, adding India will take two to three years to become self-sufficient in production.

Government on Monday decided to raise buffer stock of pulses to 20 lakh tonnes from 8 lakh tonnes now through domestic procurement and imports in order to keep the prices stable and encourage farmers to grow dals.

Government is monitoring rising pulse prices and states have been told to act against hoarders, Union Minister Prakash Javadekar said on Wednesday after Cabinet meeting.  

The prices have declined from the peak of Rs 200 per kg in October to Rs 160 at present due to various government measures including unearthing of hoarded stock and offloading that in the retail market.  

Following the sustained de-hoarding operations undertaken, the government said, the wholesale and retail prices of pulses have moderated in the last two weeks.

This takes the total seizure of pulses so far to 50,656.79 tonnes, recovered in 3,149 raids carried out in 10 states. The seized lentils will be offloaded in the market to boost supply.

The government will purchase 30,000 tonnes of tur dal and 10,000 tonnes of urad dal from farmers at market rates.  

With pulses spiking to a record of up to Rs 200 per kg, the government on Friday decided to create 40,000 tonnes of buffer stock of pulses.