Page 2 - Pulses

Urad prices softening in wholesale market after supply boost: Govt

The government on Wednesday said urad prices have started to soften in the wholesale markets of Delhi and Indore on the back of its efforts to boost supply and reports of higher sowing in the ongoing Kharif season. The area under coverage for urad has reached 5.37 lakh hectare till July 5 of this ongoing Kharif season compared to 3.67 lakh hectare last year. "The consistent efforts of the Department of Consumer Affairs have resulted in softening of urad prices," an official statement said. The central government's proactive measures have been pivotal in stabilising prices for consumers while ensuring favourable price realisation for farmers, it added. The anticipation of good rainfall is expected to boost the morale of farmers, leading to the production of a good crop in major urad-producing states such as Madhya Pradesh, Andhra Pradesh, Uttar Pradesh, Rajasthan, Tamil Nadu, and Maharashtra. "As on July 5, 2024, the area sown for Urad has reached 5.37 lakh hectare, as compared to

Paddy sowing up 19% so far this year, acreage of Arhar, Urad up sharply

Area sown to paddy has increased by 19.35 per cent to 59.99 lakh hectare so far in the ongoing 2024-25 kharif (summer) season, the agriculture ministry said on Monday. In the year-ago period, area under paddy was 50.26 lakh hectare. Sowing of paddy, the main kharif crop, begins with the onset of southwest monsoon from June, and harvesting takes place from September. Additionally, area sown to pulses also increased to 36.81 lakh hectare till July 8 of the ongoing season, from 23.78 lakh hectare in the same period last year, the ministry said in a statement. There was a significant rise in coverage of 'arhar', to 20.82 lakh hectare from 4.09 lakh hectare. Area sown to 'urad' was 5.37 lakh hectare as against 3.67 lakh hectare. However, area under coarse cereals and 'Shree Anna' (millets) decreased to 58.48 lakh hectare from 82.08 lakh hectare in the year-ago period. Among coarse cereals, area under maize rose to 41.09 lakh hectare from 30.22 lakh hectare. Area sown to oilseeds inc

India likely to experience 'above-normal' rainfall in July, says IMD

A strong kharif output particularly that of pulses and oilseeds is likely to help the government in its fight against inflation

MSP increase alone may not boost pulses and oilseeds output, shows data

Data reveals that between 2014-15 and 2020-21, despite a 37 percent increase in MSP for paddy, the acreage under the crop decreased only marginally, by around 2.5 percent

GST Council to regularise taxation issues on host of goods, services

The Council might reject bringing MSME ice cream manufacturers under the composition scheme

Prices of tur, chana, urad dals to soften from July on good monsoon: Govt

Prices of tur, chana and urad dals are likely to soften from next month helped by expectations of a good monsoon and increased imports, Union Consumers Affairs Secretary Nidhi Khare said on Friday, stressing there is no need for panic. Imports of these three pulses will also increase from next month, she said adding this would help augment domestic supply. "Prices of tur, chana and urad dals have been stable in the last six months but at a high level. The price situation in moong and masoor dals is comfortable," Khare told reporters here. On June 13, the average retail price of chana dal was Rs 87.74 per kg, tur (arhar) Rs 160.75 per kg, urad Rs 126.67 per kg, moong Rs 118.9 per kg and masoor Rs 94.34 per kg. The consumer affairs department collects retail prices from 550 major consuming centres. "From July onwards, prices of tur, urad and chana are likely to soften," Khare said. The secretary noted that weather office has forecast normal monsoon rains. "We are expecting good mon

Prices of pulses stable, vegetables witness rise in last one month

Traders and market players said that going forward, vegetable prices will continue to rule firm as heat wave singes supplies

Govt scraps pulses import tax to curb food inflation amid LS election

The move is likely to shield Indian consumers from rising prices, but could discourage local farmers to boost plantings of the crops

India's FY24 pulses imports hit 6-year high as red lentil purchases jump

India imported 4.65 million metric tons of pulses in the year ended March 31, 2024, the highest since fiscal 2018, and up from 2.53 million tons imported a year ago

Centre asks states to step up vigilance on yellow peas, other pulses stock

Consumer Affairs Secretary Nidhi Khare on Wednesday directed state governments to step up vigilance on pulses stock, especially imported yellow peas, and enforce weekly stock disclosure on stockholding entities effective April 15 amid reports of some varieties of imported pulses not reaching the market. After a virtual meeting with importers, customs and state officials and other stakeholders in the pulses industry, Khare said pulses stocks in warehouses located in major ports and in industry hubs should be verified from time to time and "strict action should be taken on stockholding entities found to be reporting false information on stock disclosure portal". In the meeting, the secretary told states and Union territories that there is a need to step up vigilance over the stock position and price trends in respect of pulses to prevent hoarding and market manipulation, an official statement said. Apart from the five major pulses -- tur, urad, chana, masur and moong, the state ...

Processed pulses to attract GST, says AAR in case involving agri broker

Andhra Pradesh-based Gayatri Enterprises' GST policy was challenged by parties all over the country

Rural Indians are now spending more on processed food, drinks than cereals

For urban India, the spending on processed food has been more than that on cereals since 2011-12 but the gap has widened in the last 10 years

Govt making efforts to attain self-sufficiency in pulses output: Munda

A substantial progress has already been made in the domestic pulses production which has increased from 17 million tonnes in 2014 and now a target of 29.5 mn tonnes has been set for this year, he said

World Pulses Day 2024: Why do we celebrate it? History significance, more

World Pulses Day 2024: World celebrates it every year on February 10 to highlight the importance and nutritional value of the pulses. Know its history, significance, theme and more

India will be self-sufficient in pulses by December 2027, says Amit Shah

Cooperation Minister launched a tur dal procurement portal for farmers to sell their produce better

Centre extends import duty exemption on tur, urad dal to March 2025

Prices of pulses have seen an inflation of 20 per cent in November. Recently, the Centre had also extended the import duty exemption for masur dal by one year to March 2025

Have sufficient stocks of pulses to cool down prices, says Centre

Under the revised PSS, the overall quantity of procurement by the Central Government is restricted to 25 percent of actual production of the commodity for that particular season

Near-term headwinds likely to delay recovery in agrochemical major UPL

Overall, the revenues were down 19 per cent on the back of lower agrochemical prices and inventory destocking

Amid diplomatic spat, contractors cut lentil imports from Canada

In 2022-23, Canada was the biggest exporter of lentils to India, accounting for more than half of the total imports of the legume into the country

Govt extends time period for stock limits on tur, urad by 2 months

The government on Monday extended the time period for existing stock limits on tur and urad by two months till December 31 this year and revised the stock holding limits for certain entities. As per the notification issued by the Food and Consumer Affairs Ministry, the stock limits for wholesalers and big chain retailers at the depot have been reduced from 200 tonne to 50 tonne each. The stock limit for millers has also been reduced from the last 3 months' production, or 25 per cent of annual capacity, whichever is higher, to the last one-month production, or 10 per cent of annual capacity, whichever is higher. "The revision in stock limits and extension of the time period is to prevent hoarding and elicit the continuous release of tur and urad in sufficient quantities to the market and make tur dal and urad dal available at affordable prices for the consumers," the ministry said in a statement. As per the latest order, stock limits have been prescribed for tur and urad until Decem