Tur-Urad Dal Price Hike: In the election year, the government has intensified the exercise to control the prices of Arhar and Urad Dal. The government has instructed importers importing pulses to unload pulses in the market within 30 days after getting custom clearance. The Ministry of Consumer Affairs has issued this order with the aim of keeping a check on the prices of Arhar and Urad Dal.
In a letter to the Association of Dal Importing Companies, the Ministry of Consumer Affairs has said that all the members are requested to follow the advisory. Let us tell you that in the advisory, the ministry has asked these importers not to hold the stock with them for more than 30 days after getting custom clearance. Also, on Friday of this week and every coming Friday, all importers have been asked to give information about the holding stock of Arhar and Urad Dal on the online portal of the department.
After this order of the government, the Indian Pulses and Grains Association has advised all its members to offload all stocks in the market as per the advisory of the government. Let us tell you that India imports 15 percent of its pulses.
There has been a jump in the prices of pulses in the recent months. According to the data of the Ministry of Consumer Affairs, on January 1, 2023, the price of Arhar Dal in the capital Delhi was Rs 120 per kg, which has now increased to Rs 132 per kg. Urad dal was Rs 118 per kg, which has now become Rs 123 per kg.
Recently the government had expressed the apprehension of hoarding of Arhar and Urad in foreign countries i.e. from Myanmar. Importers who import pulses in India are not asking for import tax. They are hoarding the same pulses so that when the prices of pulses increase further in the domestic market, they can make huge profits by selling them in the market after importing them at higher prices.
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