Such a rise in dal prices, the government may ban traders

  • Dal prices rise amid record-breaking inflation
  • The government undertook an exercise to ban dal traders
  • Government’s eye on the market for the Lok Sabha elections

Dal prices are seeing a rise amid inflationary pressure. The rise in dal prices in the market has alerted the government and now the government will undertake an exercise to ban dal traders.

Government can make this provision

According to the information, the government may make it mandatory for pulse traders to declare stocks of certain pulses. It includes yellow peas, pigeon dal and urad dal. Government can make it mandatory for both big traders and retailers to declare their stocks. This can help the government to manage stocks and control pulse prices.

Increase in the price of Tuvar dal

Prices of various pulses, especially yellow peas, tuwer and urad dal, have increased during the past few weeks. In early April, the prices of Tuvar dal rose significantly in some markets. An increase of up to 100 rupees was seen in the price compared to one month. Pigeonpea is the most expensive of all pulses. According to government statistics, the current average price of Tuvar dal is Rs 160 per kg. Similar price was observed in case of mug and masoor dal also.

The price of dal has increased so much

Rising prices of pulses are becoming a problem for the government. In the month of January, the wholesale inflation rate of pulses was 16.06 percent. Wholesale price index-based inflation rose to 18.48 percent in February. Even though the overall inflation is coming down, if the rising price of pulses is not controlled in time, the problem may increase in the coming days. The retail inflation rate fell to 5.09 percent in the month of February.

Elections are starting this month

Dal prices are increasing at a time when the Lok Sabha elections are on the horizon in the country. Lok Sabha elections have already been announced. Lok Sabha elections to be held in seven phases are starting from this month. The final phase of voting is scheduled to take place in the first week of June. Keeping in view the upcoming elections, the government is making all possible efforts to control the price of dal.

 

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