India has extended duty-free imports of Urad for another year until March 31, 2026, according to a government notification. The provision was earlier in place until the end of March this year. Myanmar is the main exporting country of Urad to India. "The free import policy of Urad stands extended up to March 31, 2026," the Directorate General of Foreign Trade (DGFT) has said in a notification. The move would help in stabilising prices of the commodity in the domestic markets. The imports stood at USD 601.12 million during April-November this fiscal. Out of this value, USD 549 million worth of the grain was imported from Myanmar. The imports stood at USD 663.21 million in 2023-24 (USD 646.6 million from Myanmar). Besides Myanmar, India imports Urad from Singapore, Thailand, and Brazil. The bilateral trade between India and Myanmar was USD 1.74 billion in the last fiscal. It was USD 1.76 billion in 2022-23. The trade gap is in favour of Myanmar. The major Urad producing states are
The government will procure the entire production of tur, urad, and masur dal from farmers, Agriculture Minister Shivraj Singh Chouhan said in Rajya Sabha on Friday. Through e-Samridhi platform, on which farmers have to get themselves registered, the government will make the procurement, he said. "The government will procure all tur, urad and masur dal produced by farmers," Chauhan said, while replying to a supplementary question in the Rajya Sabha. The minister further said under the leadership of Prime Minister Narendra Modi, the government had the highest purchase under MSP from farmers. Referring to data of the previous UPA government, Chauhan said between 2003-2004 and 2013-14, only 45 crore metric tonnes were purchased under the Minimum Support Price (MSP). While the present NDA government has procured a total of 69.18 crore metric tonnes between 2014-15 and 2023-24. He alleged that the opposition was doing politics and said the Swaminathan committee had recommended 50 per
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
A Business Standard analysis looks at the MSP of these five crops and also wheat and paddy (the ones which few among the five aim to replace)
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
The Centre on Wednesday directed the state governments to continuously monitor the prices of tur and urad and take action on those violating the stock limit order. This was conveyed in a meeting -- chaired by Nidhi Khare, Additional Secretary in the Consumer Affairs Ministry -- to review stock disclosure of tur and urad, and the implementation of stock limits by the state governments. The representatives of the State Food and Civil Supplies Departments, Central Warehousing Corporation (CWC) and State Warehousing Corporations (SWCs) were present at the meeting. "In the meeting, the state governments have been asked to continuously monitor the prices and verify the stock positions of stock-holding entities and take strict action on those who violated the stock limits order," an official statement said. The retail prices, quantities of stocks disclosed by various stock-holding entities and stocks in the CWC and SWC warehouses in respect of tur and urad were reviewed in the meeting. T
Monsoon may see climate phenomenon, but country has enough stocks of chana
Department of Consumer Affairs said the assured procurement of these pulses at remunerative prices will help motivate the farmers to enhance the sowing area in respect of tur, urad, and masur
The government on Friday imposed stock limits on tur and urad dals held by wholesalers, retailers, importers and millers till October to prevent hoarding and check price rise. An order in this regard was issued with immediate effect by the Union Food and Consumer Affairs Ministry. All India average retail price of tur has increased by 19 per cent to 122.68 per kg on June 2, from 103.25 per kg a year ago. Similarly, the average retail price of urad has increased by 5.26 per cent to Rs 110.58 per kg from Rs 105.05 in the said period, as per the data maintained by the ministry. "Under this order, stock limits have been prescribed for tur and urad until 31st October 2023 for all States and Union Territories," Consumer Affairs Secretary Rohit Kumar Singh told PTI. According to the order, a stock limit of 200 tonnes each has been imposed on tur and urad for wholesalers, 5 tonnes each for retailers and retail outlets, and 200 tonnes at the depot for big chain retailers. In the case of ..
MSP of tur is Rs 6,600 per quintal, while that of masur is Rs 6,000 per quintal and urad at Rs 6,600 per quintal
Move aimed at controlling the spiralling prices of pulses; all consignments have to come by Nov 30, before the new local crops arrive
Meanwhile, the government has decided to offload 5 lakh tonne pulses from its buffer stock to both state governments as well as in the open market.
Other pulses follow suit; govt allows imports and release of buffer stock to cool prices
For lakhs of farmers in Madhya Pradesh, the rain in the last few days has washed away hopes of getting a good harvest
Two-thirds of farmers in state might lose 40% of their income