Traders urge centre to export 2.5 MT Pulses to support local price
Despite India's removal of restrictions on export of Pulses, the shipments has not increased, because of decade-long ban on exports which led to a loss of overseas markets, to support domestic price traders have requested government to export 2.5 million tonnes of Pulses and announce incentives for export.
Farmers are getting 24-40 per cent less than the MSP for Tur and Red Gram in the markets with highest arrivals. Peak arrival of Tur and Red Gram is from December to February. Prices always move up as arrivals slow down. But even in April, prices are much below MSP, which is indicative of a crashed market.
The state governments and the central government may export at least 2.5 million tonne pulses from their stocks so as to support farmer prices and create domestic demand for the Pulses that will be produced in the current year.
A lot of mills have been set up in Myanmar, Sri Lanka, Dubai and Africa, which have now taken over India’s traditional Pulses export markets. This makes it necessary that the government give incentives for exports.
Despite India's removal of restrictions on export of Pulses, the shipments has not increased, because of decade-long ban on exports which led to a loss of overseas markets, to support domestic price traders have requested government to export 2.5 million tonnes of Pulses and announce incentives for export.
Farmers are getting 24-40 per cent less than the MSP for Tur and Red Gram in the markets with highest arrivals. Peak arrival of Tur and Red Gram is from December to February. Prices always move up as arrivals slow down. But even in April, prices are much below MSP, which is indicative of a crashed market.
The state governments and the central government may export at least 2.5 million tonne pulses from their stocks so as to support farmer prices and create domestic demand for the Pulses that will be produced in the current year.
A lot of mills have been set up in Myanmar, Sri Lanka, Dubai and Africa, which have now taken over India’s traditional Pulses export markets. This makes it necessary that the government give incentives for exports.
