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The government on Monday said it has constituted a committee to monitor the stock of tur dal held by importers, mills, stockists and traders in order to check hoarding and speculation. The government is also closely watching the stock position of other pulses in the domestic market to take necessary preemptive measures in the event of unwarranted price rise in the coming months, an official statement said. The decision has been taken in view of the reports of market players not releasing stocks despite regular arrival of imports in good quantities, it added. The committee, under chairmanship of Additional Secretary Nidhi Khare, will monitor tur stocks in close coordination with the state governments. Earlier on August 12 last year, the government had issued an advisory to the state governments and Union Territories to enforce stock disclosure in respect of tur dal under the Essential Commodities Act, 1955. Further, in order to facilitate smooth and seamless import, the government
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
In the initial stages, tur sowing dropped due to delayed onset of monsoon over the major-growing states
Free category means there will be no restrictions on imports
The government on Tuesday said wholesale price of tur dal declined by nearly 3 per cent in the last one year on the back of measures taken by it to boost domestic supply and stabilise rates. "The government has taken several proactive and pre-emptive measures to augment domestic availability and stabilise prices of essential food commodities. It is because of these measures that the price of tur/arhar dal reported a sharp decline," an official statement said. As per the data of Department of Consumer Affairs (DoCA), the average wholesale price of tur dal on February 22, 2022 was Rs 9,255.88 per quintal as compared to Rs 9,529.79 per quintal on the same day a year ago, showing a drop of 2.87 per cent. Similarly, the average wholesale price of tur dal on February 21, 2022 was Rs 9,252.17 per quintal as against Rs 9,580.17 per quintal on the same day a year ago, registering a fall of 3.42 per cent. In May 2021, the Centre said advisories were issued to states/UTs to monitor prices of
Move aimed at controlling the spiralling prices of pulses; all consignments have to come by Nov 30, before the new local crops arrive
The government on Monday said it has decided to extend the validity of licence for import of tur till December 31 this year.
Unlikely to rise further as the government allowed imports, release stock held by Nafed
The Cabinet approved a proposal to sell tur dal after milling it, which had been procured through the market intervention scheme by the state government
Tur price jumped by a staggering 7 per cent in the last two days due to estimates of lower supply following the government's decision to levy import duty on it.Polled data compiled by the National Commodity & Derivatives Exchange (NCDEX) showed desi variety of tur at Rs 4700 a quintal in the benchmark Akola wholesale mandi on Wednesday, a rise of Rs 300 from Monday. Tur prices have been trading lower than the minimum support price (MSP) of Rs 5050 a quintal (including Rs 425 as bonus) for over few weeks.While the government's foodgrains procurement agency the Food Corporation of India (FCI) has procured tur from farmers for the first time this year, its price continued to disappoint farmers because of their lower realisation. Since, tur dal prices were hovering between Rs 120-140 a kg, farmers brought in additional area last kharif season which brightened prospects of higher output this year. Tur price jumped, albeit marginally, in other spot markets across the country."But, tur ..
Centre has procured about 62,178 tonnes of pulses to create buffer stock in order to intervene in market in case of price rise