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.
Stock limit imposed
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.
"From the day the stock limit was imposed, there is a downward trend in prices," he noted.
The government has also decided to offload 50,000 tonne from the buffer stock in the market, and this will also ease pressure on the rates, Mr. Singh added.
Besides toor, the Secretary said there was about a 7.22% increase in the all-India average retail price of urad at ₹111.77 per kg on June 28, when compared to last year. The correction will start happening with supplies improving from Myanmar.
"Myanmar was hoarding urad, and now it cannot hold for long because of the rains out there. They have to sell it to India as no other country consumes this pulse. Our crop will also arrive, and prices will come down," he said.
Moong prices have also risen by 7.07% year-on-year to ₹109.23 per kg on June 28. However, the prices will come down further because of bumper production expected in Madhya Pradesh, he added.
In masoor dal, the Secretary said prices had remained lower by 5% year-on-year at ₹91.78 per kg on June 28.
"This is because, unlike toor, our domestic production increased to 16 lakh tonne but lower than domestic consumption of about 22 lakh tonne. We still need to import about 6 lakh tonne," Mr. Singh said.
India imports masoor dal from Canada and Australia, where the crop is expected to be higher than the previous year. So, masoor supply is available, and the domestic prices will come down further, he said.
The country imported 11 lakh tonne of masoor dal in 2022-23.
In the case of chana, the Secretary said out of the total pulses, about 46% was chana consumption in India, while 10% was toor, urad, masoor dal and other pulses. Chana prices have remained stable throughout the year.
He also mentioned that pulses should be seen in a holistic manner. Pulses are price-sensitive, and their preferences vary in different parts of the country.
Published - June 30, 2023 09:38 pm IST
