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Centre’s initiatives leading to decline in prices of pulses » Bhajpa Ki Baat

Centre’s initiatives leading to decline in prices of pulses » Kamal Sandesh

The Government has taken several proactive and pre-emptive measures to augment domestic availability and stabilize prices of essential food commodities. It is because of these measures that the price of Tur/Arhar Dal reported a sharp decline.

As per the official statistics of the Department of Consumer Affairs (DoCA), the Average Wholesale Price of Tur/Arhar Dal as reported on 22.02.2022 is Rs. 9255.88 per quintal, which was Rs. 9529.79 per quintal on 22.02.2021, a drop of 2.87%.

Similarly, the Average Wholesale Price of Tur/Arhar Dal as reported on 21.02.2022 is Rs. 9252.17 per quintal, which was Rs. 9580.17 per quintal on 21.02.2021, a drop of 3.42%.

In May 2021 advisories were issued to States/UTs to monitor prices of essential food commodities and to ensure disclosure of pulses stocks held by millers, importers and traders under the Essential Commodities Act, 1955. Imposition of stock limit on all pulses except Moong was notified on 02.07.2021. Thereafter, an amended order was issued on 19.07.2021 imposing stock limits on four pulses, namely, Tur, Urad, Masur, Chana for a period up to 31.10.2021.

To improve availability and stabilise prices of pulses, the Government has allowed import of Tur, Urad and Moong under ‘Free category’ w.e.f May 15, 2021 till October 31, 2021 in order to ensure smooth and seamless imports. The Free regime in respect of import of Tur and Urad was thereafter extended till March 31, 2022. This policy measure has been supported with facilitation measures and close monitoring of its implementation by the concerned Departments/organisations. The import policy measures have resulted in substantial increase in import of Tur, Urad and Moong as compared to the corresponding period for the past two years.

(News Source -Except for the headline, this story has not been edited by Bhajpa Ki Baat staff and is published from a kamal sandesh feed.)

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