After stock limits, India to import 12 lakh tonnes of tur dal to keep prices in check
The Hindu
Facing a sharp rise in tur prices amid lower production, India will import 12 lakh tonne of the pulse in the current fiscal, up by 35% from the last year, to boost domestic availability and contain price rise.
Facing a sharp rise in toor dal prices amid lower production, India will import 12 lakh tonne of the pulse in the current fiscal, up by 35% from the last year, to boost domestic availability and contain price rise.
"Toor is giving us trouble. The all-India average retail price of toor is up by 25% to ₹128.66 per kg, when compared to last year's level. But it will start cooling down after import begins," Consumer Affairs Secretary Rohit Kumar Singh said in a media briefing.
The issue in toor (pigeon peas) is lower domestic production. The country's toor production remained lower at 30 lakh tonne in the 2022-23 crop year (July-June) against 39 lakh tonne last year.
"We consume around 44-45 lakh tonne in India. Every year, we have to import. This year, obviously, we have to import more. We will import 12 lakh tonne in the current fiscal," Mr. Singh said.
So far, the country has imported 6 lakh tonne of toor. Imports are undertaken from Myanmar and East African countries. The crop in East African countries will start arriving in August, so the domestic prices will cool down, he added.
The country imported 8.9 lakh tonne during the 2022-23 fiscal.
To check the prices of toor, the Secretary said the government had taken several measures. The stock limit imposed on traders, millers and importers on June 2 has helped bring down the prices of toor.