Pulses cooking sharply below minimum price

While tur, masoor (both red lentils) and moong (green gram) have recovered after falling sharply in November, these are up to 23% below the MSP

The price of pulses have seen a sharp decline in recent months, despite government measures. Trading sharply above the government’s Minimum Support Price (MSP) in September, almost all varieties have since declined by up to 50 per cent, because of increase in sowing area of the rabi season crop and changes in government policies in favour of trade.

Data compiled by Agmarknet shows chana (Bengal gram) in the spot Bikaner (Rajasthan) wholesale market (mandi) has slumped to Rs 4,214 a quintal, from Rs 5,985 a quintal on September 1. The MSP is Rs 4,400 a quintal. The price of urad (black