For allowing the exports of Chana, Masur and Moth pulses, on Tuesday, a representative group from the dal millers of the country met the commerce minister Suresh Prabhu and asked him. Because of a good product and the government selling its stocks, the prices of these pulses are currently running lower than the official support levels as well.
From September 15, the exports of urad, moong, and tur were allowed by the commerce ministry and Kabuli chana shipments have no restriction on them at all. to the commerce minister, the All India Dal Millers Association sent a letter that read “in 2016-17, India had produced about 260-270 lakh tonnes pulses and imported 57 lakh tonnes of pulses … In a year the country consumes about 250-260 lakh tonnes of pulses.
Mostly, in the states of Madhya Pradesh, Uttar Pradesh, and Bihar, Masur is produced and is presently selling near Rs 400-500 a quintal and it is below the minimum support price (MSP) of Rs 3,950. Currently, Chana prices are riding above MSP. As the rainfall has been plenty and prices are better, so the traders are expecting that more chana will be sowed in the coming rabi season. For the coming year, this would boost the supply.
As there is a huge production of pulses and the government agencies are selling off their stock that had bought the pulses. Therefore the prices of the lentils are falling down. The stocks with the government are enough as the production is in plenty; there is no shortage of pulses. India has lost its share in the pulse export market as in 2006, it had stopped the export of pulses. The farmers and traders growing and selling Kabuli chana as the exports were not banned and it has been doing well.