There is no possibility of a big increase in the prices of pulses

29-May-2025 01:17 PM

Mumbai. Industry associations, trade organizations, and market analysts believe that due to comfortable availability and supply in the domestic market, a sharp rise in the prices of pulses seems unlikely in the coming months, although normal fluctuations may continue. The import of cheap pulses from abroad is ongoing, and there is a good inflow of Rabi pulses.

Additionally, the outlook for Kharif pulse production is positive, supported by above-normal monsoon rainfall forecasts and a significant increase in government support prices.

Compared to last year, the minimum support price of tur has been raised by Rs 450 from Rs 7550 to Rs 8000 per quintal, and the support price of urad has been increased by Rs 400 from Rs 7400 to Rs 7800 per quintal.

The government has committed to procure 100% of the surplus stock of these pulses. In the 2024-25 marketing season, about 5.62 lakh tonnes of tur has already been procured by government agencies.

The sowing area for Kharif pulses is expected to expand. Major tur-producing states like Maharashtra and Karnataka are receiving good monsoon rainfall.

The monsoon has also become active in Madhya Pradesh, a key producer of urad. In addition, states like Gujarat, Andhra Pradesh, Telangana, and Tamil Nadu are also experiencing favorable rainfall, which is helping establish a strong foundation for pulse sowing, encouraging farmers to increase cultivated area.

The deadline for duty-free import of tur and urad has been extended to 31 March 2026, and only 10 percent import duty is applicable on gram and lentils.

This policy will continue to support the inflow of these four pulses into the country. The government’s decision on yellow peas is still awaited.