Government claims to have stablised retail prices of pulses during the past 5 months

The government said retail prices of pulses have substantially stabilised in the last five months, with rates of gram, tur, urad and moong either declining or remaining stable compared to the last year, on the back of its various measures to boost imports and check hoarding.

The CPI inflation for pulses has also seen a consistent decline during the last five months, from 10.01 per cent in June 2021 to 5.42 per cent in October 2021, according to an official statement. The pulses inflation rate was as high as 18.34 per cent in October 2020. Similarly, the WPI inflation for pulses has declined from 11.56 per cent in June 2021 to 5.36 per cent in October 2021.

The government said that stability in the retail prices of pulses has been achieved on account of pre-emptive and proactive measures taken by it such as taking import of tur, urad and moong from restricted to ‘Free category’ with effect from May 15, 2021.

The free regime in respect of tur and urad has been extended; the last date for Bill of Lading is December 31, 2021 and for customs clearance, it is January 31, 2022. “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,” a food ministry statement said.

During April-November period of 2021-22 fiscal, pulses imports are estimated at 15,11,147 tonnes compared to 13,87,913 tonnes in the same period of 2020-21 and 15,31,534 tonnes in the corresponding period of 2019-20 fiscal.

Import of tur (arhar) rose to 4,27,796 tonnes during April-November of 2021-22 from 1,71,125 tonnes in the year-ago period. Shipments of urad increased to 3,56,178 tonnes from 2,25,548 tonnes, while moong imports increased to 1,36,007 tonnes from 22,051 tonnes during the period under review.

Masur imports fell to 4,59,839 tonnes during April-November of this fiscal from 8,33,315 tonnes in the corresponding period of last year. The government imposed stock limit on all pulses except moong under the Essential Commodities Act, 1955, on July 02, 2021.

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