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

8 Oct 2024 6:13 pm
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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)


       
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