Summary in English of Gaurav Gupta’s Statement on CNBC Awaaz Regarding Pulses Market Issues:

28-May-2025 03:49 PM

Summary in English of Gaurav Gupta’s Statement on CNBC Awaaz Regarding Pulses Market Issues:
★ Gaurav Gupta, AVP and Vice President of the Delhi Grain Merchant Association, highlighted serious concerns affecting India's pulses (dalhan) trade during his appearance on CNBC Awaaz. He pointed out that the cheap import of key pulses such as tur (pigeon pea), urad (black gram), masoor (lentil), chana (gram), and matar (peas) has become a major crisis for both Indian farmers and traders.
★ He emphasized that imported pulses are entering the Indian market at prices 20%–30% lower than the Minimum Support Price (MSP), severely disrupting the domestic market. As a result, farmers are not receiving fair prices for their produce, and traders are facing heavy losses.
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Key Suggestions
1. Quantitative Restrictions:
★ The government should strictly regulate the volume of pulse imports to maintain a balance between domestic supply and demand.
2. Minimum Import Price (MIP):
★ A minimum import price should be imposed on all pulses, set at least 5%–10% above the MSP, to curb cheap imports and ensure that farmers receive at least the MSP.
3. Encouraging Domestic Production:
★ If farmers continue to get poor returns, they may reduce pulse cultivation, endangering India’s food security and self-reliance in the long run.
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Conclusion:
★ Gaurav Gupta urged the government to intervene with concrete policy measures. He asserted that merely announcing MSP is not enough — it must be effectively implemented to ensure market stability. Through his statement, he not only highlighted the difficulties faced by traders but also strongly advocated for farmers’ rights in a logical and impactful manner.