Market prices of kharif pulses stayed below MSP

Times of India | 2 days ago | 23-06-2022 | 09:18 am

Market prices of kharif pulses stayed below MSP

CHANDIGARH: As both Punjab and Haryana look to reduce the area under water-guzzling paddy and promote other crops, especially pulses, the market prices of the kharif (summer-sown) pulses remained below the minimum support price (MSP) for a majority of the days during the kharif marketing season (KMS) 2021-22, as per the Commission for Agricultural Costs and Prices (CACP) data. In its ‘Price Policy for Kharif Crops: Marketing Season 2022-23’, the CACP has mentioned that the market prices of the kharif pulses — tur/arhar (pigeon pea), moong (green gram) and urad (black gram) — remained below the minimum support price (MSP) for most of the days during KMS 2021-22. The MSP for tur or arhar, moong and urad for the KMS 2022-23 is at Rs 6,600 per quintal, Rs 7,755 per quintal and Rs 6,600 per quintal. Analysing the market data, CACP stated that prices of tur remained below the MSP from the KMS 2017-18 to KMS 2020-21. The commission stated that the decline in tur market prices was due to the increase in pulses production in the country and higher imports. The gap between MSP and market prices of tur was -8.5% in KMS 2021-22. During the KMS 2021-22, market prices of tur remained below the MSP for most of the days in the major-producing states. The price gap was the highest in Madhya Pradesh (-20.3%) followed by Gujarat (-12.3%), Karnataka (-6.3%) and Maharashtra (-6.1%). For moong, the gap between market prices and MSP was -16.8% in KMS 2021-22. During KMS 2021-22, market prices of moong remained below MSP during most of the days in the major-producing states Rajasthan and MP, except Maharashtra. The average price difference of moong was -20.6% in Rajasthan, -16.3% in MP and -4.4% in Maharashtra. For urad, the gap between market prices ad MSP was -8.9% in KMS 2019-20, which improved to 2.3% in KMS 2020-21. The gap again increased -16.9% in KMS 2021-22 due to a significant decrease in market prices, CACP stated.

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