login_img.jpg
Login ID:
Password:
Partner Login
Contact Us : 7066511911

Tur and Urad Prices Drop 10% in Mandis; Retailers Under Government Scrutiny

8 Oct 2024 6:13 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

Delhi, 08 October 2024: The prices of Tur and Urad have fallen by nearly 10% in major mandis over the past three months, according to the Department of Consumer Affairs. However, this decline has not been reflected in retail prices, prompting the government to scrutinize retailers for potential price discrepancies.

Smt. Nidhi Khare, Secretary of the Department of Consumer Affairs, raised concerns during a meeting with the Retailers Association of India (RAI) and key retail chains, noting the divergence between wholesale mandi prices and retail prices. While mandi prices have eased due to increased availability and higher sowing of Kharif pulses, retailers appear to be maintaining higher margins. The government is closely monitoring the situation and may intervene if the price gap continues to widen.

This year, Kharif pulse sowing has increased by over 7% compared to last year, with crop conditions reported as favorable. Additionally, imports of Tur and Urad from East Africa and Myanmar are strengthening domestic supply, further easing price pressures. Retailers have also reported rising pulse stock levels, indicating improved availability.

The Secretary urged retailers to collaborate with NAFED and NCCF to distribute Bharat Dals, including Bharat Masur and Bharat Moong Dal, to ensure these affordable dals reach a broader consumer base, particularly during the festive season.

Looking ahead, the Department of Agriculture and Farmers Welfare is preparing for the Rabi season with targeted plans to increase pulse production in key states, aiming for self-sufficiency in the sector.

(By Commoditiescontrol Bureau; +91-9820130172)


       
  Rate this story 1 out of 52 out of 53 out of 54 out of 55 out of 5 Rated
0.0

   Post comment
Comment :

Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy.
Name :  
Email :  
   

Post Comment  

Latest Market Commentary
CBOT CLOSE:04-Nov-2024
DCE Daily Rates Update ( Time: 20:21 ) - 04NOV 2024
Kandla Edible Oil Port Rates (Evening) Nov 04
Malaysian CPO Futures Rise as Market Awaits Key MPOB Da...
COCONUT PRICES : 04 Nov 2024
more
Top 5 News
CBOT CLOSE:04-Nov-2024
Domestic Pepper Prices Stable; Vietnamese Rates Show De...
Clove Prices Hold Steady as Supply Meets Demand
Small Cardamom Prices Recover Amid Decline in Arrivals
ICE/ZCE Daily Rates Update ( Time: 20:20 ) - 04 NOV 202...
Top 5 Special Reports
Tur Crop Condition Report - 2024
Weekly: Sugar Prices Gain Amid Tight Supplies, Brazilia...
Weekly: ICE Cotton Market Shows Cautious Movement Amid ...
US cotton net sales for Oct 18-24 at 189,400 RB, up 12 ...
US soybean net sales for Oct 18-24 at 2,273,300 MT, up ...
Copyright © CC Commodity Info Services LLP. All rights reserved.