Sharp fall in wholesale prices of pulses, steps to increase supply showed effect: Center

Sharp fall in tur prices

The government said on Tuesday that the domestic supply of pulses (domestic supplyDue to the steps taken by the government to increase and stabilize the prices, the wholesale price of tur dal in the last one year (Wholesale price) has declined by about three percent. A government statement said that the government has taken several proactive measures to increase domestic availability of essential food items and stabilize prices. Due to these measures, tur dal (pulses) has registered a sharp decline in prices. In the year 2021, there was an increase in the prices of many pulses due to supply related problems.

Wholesale prices fell by about 3 percent

According to the Department of Consumer Affairs (DOCA) data, the average wholesale price of tur dal as on February 22, 2022 was Rs 9,255.88 per quintal as against Rs 9,529.79 per quintal on the same day a year ago, showing a decline of 2.87 per cent. Similarly, on February 21, 2022, the average wholesale price of tur dal was Rs 9,252.17 per quintal as against Rs 9,580.17 per quintal on the same day a year ago. This is a decline of 3.42 percent. The Center said that in May 2021, an advisory was issued to the States/UTs to monitor the prices of essential food items and ensure disclosure of pulses with mill owners, importers and traders under the Essential Commodities Act, 1955. The stock limit on all pulses except moong was notified on July 2, 2021.

Increase in the import of tur, urad and moong due to the steps of the government

“Thereafter, a revised order was issued on July 19, 2021, fixing stock limits on four pulses, tur, urad, masoor, chana for the period up to October 31, 2021,” the statement said. In order to improve the availability of pulses and to stabilize the prices, the government has allowed the import of tur, urad and moong under the ‘free category’ from May 15, 2021 to October 31, 2021 to ensure smooth and uninterrupted import of pulses. was permitted. The free system in respect of import of tur and urad has been extended till March 31, 2022. “As a result of the import policy measures, there has been a substantial increase in the imports of Arhar, Urad and Moong as compared to the corresponding period of last two years,” the statement said.

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