Pulses Price Inflation: On February 12, 2024, the government released the retail inflation rate figures and if we go into these figures, even though the retail inflation rate has come down to 5.10 percent in January 2024, the inflation rate of pulses is close to 20 percent. According to the data released by the Ministry of Statistics, the inflation rate of pulses and related products in January 2024 was 19.54 percent, whereas in January 2023 the inflation rate of pulses was 4.27 percent.
Arhar dal becomes costlier by 35.52%!
According to the data of the Price Monitoring Division of the Government's Department of Consumer Affairs, the average price of Arhar dal on February 12, 2024 was Rs 149.27 per kg, which was Rs 110.14 per kg a year ago on February 12, 2023. The average price of arhar dal has increased by 35.52 percent in one year. The current average price of urad dal is Rs 123.09 per kg which was Rs 105.1 per kg a year ago. That means the average price of urad dal has increased by 17.11 percent.
Moong dal is currently available at Rs 116.49 per kg, which was available at Rs 102.95 per kg on the same date last year. The price of moong dal has increased by 13.15 percent in one year. Chana dal, which was available at Rs 70.51 a year ago, is now available at Rs 82.93 per kg, which means the price has increased by 14.77 percent in a year.
Government's steps proved inadequate
The government is dependent on imports for the consumption of pulses in the country. To control the inflation of pulses, the government has taken several decisions in recent times. The government has extended the period for duty free import of arhar, masoor and urad dal till March 31, 2025. The government is selling chana dal at Rs 60 per kg under the name of Bharat Dal brand. Apart from this, the stock limit of arhar dal, urad and masoor dal has been reduced and its period has also been extended, despite this the prices of pulses are not decreasing.
Price increased due to import impact!
India has signed an agreement with the African country Mozambique for the import of pulses. But due to a dispute between two traders from Mozambique, the import of arhar dal has been affected. Difficulties have been faced in importing arhar dal from there, due to which there has been a rise in prices in India.
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