Rising imports are putting pressure on chickpea (चना) prices.

29-Jan-2025 09:31 AM

Rising imports are putting pressure on chickpea (चना) prices.
★ Increased Domestic Production: India expects a better chickpea harvest in the 2024-25 season due to favorable weather and increased sowing area, which could drive prices lower.
★ Higher Imports: There is an expected rise in chickpea imports, particularly from countries like Australia and Russia, further affecting domestic prices.
★ Government Intervention: The government has extended the duty-free import deadline until March 2025 to ensure supply and control inflation.
★ Farmer Concerns: While consumers benefit from lower prices, farmers may face reduced profitability, which could influence their sowing decisions for the next season.